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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0153%/8h= −16.8% APRnext payment $0.19 per $10,000 · paid last 24h −0.102%
Price spread now: QFEX against Deribit−0.029%7-day average · you buy dearer than you sell
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 3 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 against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.029% cheaper against Deribit than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit CBRS_USDC-PERPETUAL209.250.0180pay 0.0023% / 1h16m 50s$12K$16K10x
ShortQFEX CBRS-USD209.190.0027get 0.0003% / 1h16m 50s$1.1M$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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

Funding earned
−$32.18
Price spread: −0.029% → 0.000%
−$2.87
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$52.05
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Deribit: no order-book sample; QFEX: live order book, 6 min ago. 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 Deribit no order-book sample
Sell QFEX live order book, 6 min ago1.19 bp6.2 bp −$612.4 bp −$124doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CBRS-PERP-INTX−0.0008%1h208.44−0.387%$114K$114K10xas long as short
tradeXYZ xyz:CBRS−0.0002%1h209.10−0.072%$42.8M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.15−0.046%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.30+0.024%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.20−0.024%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.30+0.024%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h209.23−0.010%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.06−0.091%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h209.45+0.096%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.53+0.134%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0021%1h209.05−0.096%$90K10xas long as short
QFEX CBRS-USDshort+0.0027%1h209.19−0.029%$1.1M$3.3M10x
Lighter CBRS+0.0032%1h209.31+0.029%$93K$907K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.13−0.057%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.28+0.014%$349K$908K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11−0.067%$143K$96K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.90−0.167%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.22−0.014%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.27+0.012%$24310xas long as short
Deribit CBRS_USDC-PERPETUALlong+0.0180%1h209.25long leg$12K$16K10x
Variational Omni CBRS+0.0249%8h209.41+0.076%$423K$321Kas long as short
BloFin CBRS-USDT+0.0294%8h209.44+0.091%$146K$70K20xas long as short
Extended CBRS_24_5-USD+0.0312%1h209.18−0.034%$43K$246K10xas long as short
Binance CBRSUSDT+0.0315%8h209.22−0.014%$10.3M$30.1M25xas long as short
GRVT CBRS_USDT_Perp+0.0472%8h209.36+0.053%$636$233K10xas long as short
edgeX CBRSUSDC+0.0526%4h209.41+0.076%$24K$220K10xas long as short