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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0049%/8h= −5.4% APRnext payment $0.49 per $10,000 · paid last 24h +0.007%
Price spread now: Bybit against BloFin0.000%62s7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 3 days (all we have)+0.003%$0 · spread now 0.000%, 7d avg −0.018%
Together, before fees−0.074%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 62 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CBRS-USDT208.430.0049pay 0.0049% / 8h2h 10m$147K$70K20x
ShortBybit CBRSUSDT208.430get 0.0000% / 8h2h 10m$2.0M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$10.34
Price spread: 0.000% → −0.018%
$1.76
Slippage, 4 orders
−$45.18
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$76.76
Costs to cover
0.682%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; Bybit: 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 BloFin live order book, 3 min ago1.20 bp14.6 bp −$1529.3 bp −$293doesn't fitdoesn't fit
Sell Bybit live order book, 6 min ago4.32 bp19.9 bp −$20129.0 bp −$1,290doesn'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
edgeX CBRSUSDC−0.0620%4h208.44+0.005%$24K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0138%1h208.21−0.106%$42.7M$3.6M10xas long as short
Phoenix CBRS−0.0038%1h208.40−0.014%$1K$112K10xas long as short
Aster CBRSUSDT0.0000%8h208.34−0.043%$65K$147K20xas long as short
Bybit CBRSUSDTshort0.0000%8h208.430.000%$2.0M$1.9M25x
OKX CBRS-USDT-SWAP0.0000%8h208.48+0.024%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.50+0.034%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.44+0.005%$2.4M$2.8M20xas long as short
SunX CBRS-USDT0.0000%8h208.60+0.082%$1K$3.4M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.47+0.019%$12K$52K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h208.48+0.024%$9K$6K20xas long as short
Variational Omni CBRS+0.0011%8h208.45+0.009%$421K$321Kas long as short
QFEX CBRS-USD+0.0017%1h208.430.000%$1.1M$3.2M10xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.19−0.115%$90K10xas long as short
Lighter CBRS+0.0032%1h208.31−0.058%$90K$932K10xas long as short
Extended CBRS_24_5-USD+0.0048%1h208.43−0.001%$43K$246K10xas long as short
BloFin CBRS-USDTlong+0.0049%8h208.43long leg$147K$70K20x
Polymarket Perps CBRS-USD+0.0050%1h208.32−0.053%$24K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.41−0.010%$329K$884K10xas long as short
Binance CBRSUSDT+0.0051%8h208.45+0.010%$10.2M$30.3M25xas long as short
Coinbase International CBRS-PERP-INTX+0.0072%1h208.24−0.091%$113K$113K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.31−0.058%$142K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.50+0.034%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.44+0.005%$856$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.47+0.019%$24210xas long as short
GRVT CBRS_USDT_Perp+0.0232%8h208.48+0.022%$901$242K10xas long as short