Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h −0.065%

Price spread now: BloFin against Deribit−0.062%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.062% cheaper against Deribit than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CBRS_USDC-PERPETUAL	208.55	0	get 0.0000% / 1h	4m 54s	$12K	$52K	10x
Short	BloFin CBRS-USDT	208.42	0.0071	get 0.0071% / 8h	2h 04m	$146K	$70K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee BloFinbpOrdersPrice spread, now −0.062%Rate

Funding earned: $14.98
Price spread: −0.062% → 0.000%: −$6.23
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$10.26
Costs to cover: 0.190%
Break-even: 11.8 days

Slippage unknown: Deribit: no order-book sample; BloFin: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell BloFin live order book, 9 min ago	1.20 bp	11.0 bp −$11	23.9 bp −$239	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	−0.0158%	1h	208.28	−0.129%	$42.7M	$3.6M	10x	as long as short
Phoenix CBRS	−0.0038%	1h	208.44	−0.053%	$1K	$112K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	208.36	−0.090%	$65K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	208.46	−0.043%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	208.58	+0.014%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	208.50	−0.024%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	208.49	−0.029%	$2.4M	$2.8M	20x	as long as short
SunX CBRS-USDT	0.0000%	8h	208.68	+0.062%	$1K	$3.4M	10x	as long as short
Deribit CBRS_USDC-PERPETUALlong	0.0000%	1h	208.55	long leg	$12K	$52K	10x
HTX CBRS-USDT	0.0000%	8h	208.54	−0.005%	$9K	$6K	20x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CBRS-USD	+0.0017%	1h	208.54	−0.005%	$1.1M	$3.3M	10x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	208.19	−0.173%	—	$90K	10x	as long as short
Variational Omni CBRS	+0.0029%	8h	208.45	−0.048%	$421K	$321K	—	as long as short
Lighter CBRS	+0.0032%	1h	208.35	−0.096%	$90K	$932K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	208.36	−0.091%	$24K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	208.35	−0.096%	$329K	$883K	10x	as long as short
Binance CBRSUSDT	+0.0062%	8h	208.51	−0.019%	$10.2M	$30.3M	25x	as long as short
Extended CBRS_24_5-USD	+0.0064%	1h	208.49	−0.030%	$43K	$246K	10x	as long as short
BloFin CBRS-USDTshort	+0.0071%	8h	208.42	−0.062%	$146K	$70K	20x
Coinbase International CBRS-PERP-INTX	+0.0072%	1h	208.24	−0.149%	$113K	$113K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	208.34	−0.101%	$142K	$97K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.55	0.000%	$25K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	208.48	−0.034%	$856	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	208.51	−0.017%	$242	—	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0238%	8h	208.49	−0.030%	$901	$242K	10x	as long as short
edgeX CBRSUSDC	+0.0978%	4h	208.44	−0.051%	$24K	$220K	10x	as long as short