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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1288%/8h= +141.0% APRnext payment +$1.61 per $10,000 · paid last 24h +0.038%
Price spread now: Deribit against Coinbase International+0.504%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and Deribit is 0.504% dearer against Coinbase International than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX208.44−0.0008get 0.0001% / 1h25m 13s$114K$114K10x
ShortDeribit CBRS_USDC-PERPETUAL209.490.1280get 0.0160% / 1h25m 13s$12K$28K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
$270.45
Price spread: +0.504% → 0.000%
$50.37
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$303.83
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 57 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 57 min ago6.24 bp12.3 bp −$1223.6 bp −$236doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
tradeXYZ xyz:CBRS−0.0040%1h209.10+0.317%$42.8M$3.6M10xas long as short
Coinbase International CBRS-PERP-INTXlong−0.0008%1h208.44long leg$114K$114K10x
Aster CBRSUSDT0.0000%8h209.06+0.296%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.40+0.461%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.33+0.427%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.461%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h209.25+0.389%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.17+0.350%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h209.54+0.528%$838$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.44+0.480%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0021%1h208.95+0.245%$90K10xas long as short
QFEX CBRS-USD+0.0027%1h209.21+0.369%$1.1M$3.3M10xas long as short
Lighter CBRS+0.0032%1h209.34+0.432%$90K$894K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.19+0.360%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.25+0.389%$349K$915K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11+0.321%$143K$96K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.85+0.197%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.32+0.422%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.38+0.449%$24310xas long as short
Variational Omni CBRS+0.0209%8h209.39+0.458%$422K$321Kas long as short
BloFin CBRS-USDT+0.0244%8h209.26+0.393%$146K$70K20xas long as short
Binance CBRSUSDT+0.0255%8h209.34+0.432%$10.3M$30.2M25xas long as short
Extended CBRS_24_5-USD+0.0256%1h209.30+0.413%$43K$246K10xas long as short
edgeX CBRSUSDC+0.0294%4h209.34+0.432%$24K$219K10xas long as short
GRVT CBRS_USDT_Perp+0.0396%8h209.34+0.430%$682$233K10xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.1280%1h209.49+0.504%$12K$28K10x