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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0441%/8h= −48.3% APRpaid last 24h −0.068%
Price spread now: QFEX against BloFin0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$480.476% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.085%−$8 on $10k
Price spread, last 3 days (all we have)+0.055%+$6 · spread now 0.000%, 7d avg +0.002%
Together, before fees−0.029%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.085% in total (about -9.0% 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
LongBloFin CBRS-USDT210.090.0473pay 0.0473% / 8h7h 28m$147K$71K20x
ShortQFEX CBRS-USD210.090.0031get 0.0004% / 1h28m 54s$1.1M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$92.64
Price spread: 0.000% → +0.002%
−$0.17
Slippage, 4 orders
−$25.56
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$140.37
Costs to cover
0.476%
Break-even
never at this rate
Slippage from BloFin: live order book, 27 min ago; QFEX: live order book, 4 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, 27 min ago1.19 bp13.3 bp −$1325.7 bp −$257doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago2.38 bp9.9 bp −$1018.9 bp −$189doesn'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
Aster CBRSUSDT0.0000%8h210.04−0.025%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.33+0.114%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.40+0.148%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30+0.100%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.33+0.114%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.81−0.133%$218$213K10xas long as short
SunX CBRS-USDT0.0000%8h210.41+0.152%$995$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.98−0.052%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.785%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0030%1h209.81−0.133%$97K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USDshort+0.0031%1h210.090.000%$1.1M$3.4M10x
Lighter CBRS+0.0032%1h210.01−0.038%$91K$846K10xas long as short
Phoenix CBRS+0.0038%1h209.42−0.319%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0042%1h210.04−0.024%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.89−0.095%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.73−0.171%$343K$924K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.00−0.043%$151K$122K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.76−0.157%$25K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.07−0.010%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.09−0.001%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0274%1h210.13+0.019%$12K$5K10xas long as short
Variational Omni CBRS+0.0432%8h209.86−0.111%$424K$321Kas long as short
Extended CBRS_24_5-USD+0.0456%1h210.24+0.070%$45K$266K10xas long as short
Binance CBRSUSDT+0.0459%8h210.32+0.107%$10.3M$29.7M25xas long as short
BloFin CBRS-USDTlong+0.0473%8h210.09long leg$147K$71K20x
edgeX CBRSUSDC+0.0840%4h209.81−0.131%$24K$222K10xas long as short