Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0446%/8h= +48.9% APRpaid last 24h −0.028%
Price spread now: tradeXYZ against Bitget−0.145%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.262%−$26 on $10k
Price spread, last 7 days+0.011%+$1 · spread now −0.145%, 7d avg −0.143%
Together, before fees−0.251%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.262%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.262% in total (about -13.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT206.24−0.0645get 0.0645% / 8h1h 23m$2.4M$2.5M20x
ShorttradeXYZ xyz:CBRS205.94−0.0199pay 0.0025% / 1h23m 34s$42.2M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$93.76
Price spread: −0.145% → −0.143%
−$0.25
Slippage, 4 orders
−$34.84
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$28.67
Costs to cover
0.648%
Break-even
4.9 days
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago2.92 bp20.1 bp −$2025.8 bp −$25870.4 bp −$7,042doesn't fit
Sell tradeXYZ live order book, 6 min ago0.97 bp15.3 bp −$15doesn't fitdoesn't fitdoesn't fit

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CBRSUSDTlong−0.0645%8h206.24long leg$2.4M$2.5M20x
tradeXYZ xyz:CBRSshort−0.0199%1h205.94−0.145%$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h206.12−0.060%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.26+0.010%$2.2M$3.4M25xas long as short
SunX CBRS-USDT0.0000%8h206.27+0.015%$2K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h205.97−0.131%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h205.86−0.184%$108K10xas long as short
Lighter CBRS+0.0032%1h205.92−0.155%$91K$896K10xas long as short
Phoenix CBRS+0.0039%1h205.44−0.388%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.78−0.223%$51K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h205.79−0.218%$335K$717K10xas long as short
QFEX CBRS-USD+0.0080%1h206.07−0.082%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0082%8h205.90−0.165%$401K$101Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.85−0.189%$113K$109K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.50−0.359%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.90−0.165%$814$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.98−0.125%$23910xas long as short
Binance CBRSUSDT+0.0141%8h206.23−0.004%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.09−0.073%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0163%8h205.97−0.131%$147K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0210%8h205.76−0.231%$514$216K10xas long as short
Bybit CBRSUSDT+0.0341%8h205.96−0.136%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0382%1h205.96−0.136%$12K$5K10xas long as short
Gate CBRS_USDT+0.0383%8h206.30+0.029%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.954%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0645%4h205.70−0.260%$23K$220K10xas long as short