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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0205%/8h= +22.4% APRpaid last 24h −0.014%
Price spread now: Gate against Coinbase International−0.128%7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$590.587% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.204%−$20 on $10k
Price spread, last 4 days (all we have)+0.239%+$24 · spread now −0.128%, 7d avg +0.102%
Together, before fees+0.035%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.231% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of +0.102%). If the spread goes back, that is −$23 on $10k: about 3.7 days of funding at the current rate (+$6 a day). Mind the row above: over the last 7 days funding on this pair cost −0.204%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0104pay 0.0013% / 1h47m 02s$115K$116K10x
ShortGate CBRS_USDT210.000.0309get 0.0309% / 8h4h 47m$2.9M$2.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$43.05
Price spread: −0.128% → +0.102%
−$23.06
Slippage, 4 orders
−$33.71
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$38.72
Costs to cover
0.587%
Break-even
13.3 days
Slippage from Coinbase International: live order book, 11 min ago; Gate: live order book, 1 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 Coinbase International live order book, 11 min ago3.57 bp14.5 bp −$1521.8 bp −$218doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.76 bp18.5 bp −$1854.1 bp −$541244.7 bp −$24.5Kdoesn'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−0.0659%4h209.82−0.212%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.88−0.186%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.89−0.181%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.87−0.190%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.88−0.185%$531$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.07−0.095%$1K$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.82−0.214%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h210.01−0.124%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.50−0.366%$94K10xas long as short
Lighter CBRS+0.0032%1h209.82−0.214%$91K$832K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS+0.0038%1h209.83−0.209%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.69−0.276%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.78−0.233%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.81−0.219%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.82−0.214%$1.1M$3.2M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.84−0.204%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.76−0.243%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.87−0.190%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.87−0.188%$24310xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0104%1h210.27long leg$115K$116K10x
Variational Omni CBRS+0.0193%8h209.92−0.167%$424K$104Kas long as short
Binance CBRSUSDT+0.0229%8h209.88−0.186%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0232%1h209.84−0.203%$45K$264K10xas long as short
BloFin CBRS-USDT+0.0252%8h209.93−0.162%$149K$69K20xas long as short
Bybit CBRSUSDT+0.0299%8h210.01−0.124%$2.1M$1.9M25xas long as short
Gate CBRS_USDTshort+0.0309%8h210.00−0.128%$2.9M$2.9M50x