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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against Bybit+0.126%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$730.731% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 7 days−0.191%−$19 · spread now +0.126%, 7d avg −0.004%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.129% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT206.910get 0.0000% / 8h4h 50m$2.0M$2.3M25x
ShortBinance CBRSUSDT207.170.0074get 0.0074% / 8h4h 50m$10.2M$33.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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
$15.51
Price spread: +0.126% → −0.004%
$12.95
Slippage, 4 orders
−$52.11
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Binance: 5 bp × 2 orders
−$10
Net
−$44.64
Costs to cover
0.731%
Break-even
27.1 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 14 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 Bybit live order book, 4 min ago4.09 bp27.9 bp −$28143.4 bp −$1,434doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago0.24 bp10.1 bp −$1029.4 bp −$294124.2 bp −$12.4Kdoesn't fit

CBRS on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS−0.0472%1h205.95−0.464%$42.2M$4.2M10xas long as short
edgeX CBRSUSDC−0.0434%4h207.41+0.242%$23K$221K10xas long as short
QFEX CBRS-USD−0.0160%1h207.15+0.116%$1.1M$2.9M10xas long as short
Lighter CBRS−0.0064%1h206.90−0.005%$90K$1.2M10xas long as short
Phoenix CBRS−0.0039%1h206.82−0.043%$1K$109K10xas long as short
Aster CBRSUSDT0.0000%8h206.70−0.103%$65K$149K20xas long as short
Bybit CBRSUSDTlong0.0000%8h206.91long leg$2.0M$2.3M25x
OKX CBRS-USDT-SWAP0.0000%8h207.37+0.222%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h207.09+0.087%$2.4M$2.9M20xas long as short
SunX CBRS-USDT0.0000%8h207.61+0.338%$1K$2.4M10xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h207.05+0.068%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h206.97+0.029%$108K10xas long as short
Variational Omni CBRS+0.0036%8h207.25+0.162%$399K$99Kas long as short
BloFin CBRS-USDT+0.0043%8h207.26+0.169%$107K$75K20xas long as short
Polymarket Perps CBRS-USD+0.0050%1h207.15+0.116%$49K$940K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h207.23+0.155%$325K$740K10xas long as short
Extended CBRS_24_5-USD+0.0072%1h207.14+0.111%$44K$376K10xas long as short
Binance CBRSUSDTshort+0.0074%8h207.17+0.126%$10.2M$33.5M25x
KuCoin CBRSUSDTM+0.0100%8h206.83−0.039%$113K$328K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h207.59+0.329%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.62−0.140%$817$2K10xas long as short
Aevo CBRS-PERP+0.0104%1h207.09+0.086%$24010xas long as short
Gate CBRS_USDT+0.0140%8h207.10+0.092%$2.9M$3.3M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0272%1h210.27+1.624%$115K$107K10xas long as short
GRVT CBRS_USDT_Perp+0.0350%8h207.44+0.256%$288$238K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1055%1h207.24+0.159%$12K$5K10xas long as short