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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0514%/8h= +56.3% APRpaid last 24h −0.093%
Price spread now: SunX against Deribit+0.172%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 +$15 a day on $10k at the current rate, and SunX is 0.172% dearer against Deribit than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit CBRS_USDC-PERPETUAL209.20−0.0514get 0.0064% / 1h44m 27s$12K$5K10x
ShortSunX CBRS-USDT209.560get 0.0000% / 8h6h 44m$1K$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$107.99
Price spread: +0.172% → 0.000%
$17.21
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
$110.2
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Deribit: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago29.58 bp79.0 bp −$79doesn't fitdoesn'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
edgeX CBRSUSDC−0.0654%4h209.27+0.034%$24K$220K10xas long as short
Deribit CBRS_USDC-PERPETUALlong−0.0514%1h209.20long leg$12K$5K10x
tradeXYZ xyz:CBRS−0.0348%1h209.13−0.033%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.363%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.25+0.025%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.38+0.086%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.47+0.129%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.096%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.39+0.091%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.43+0.112%$475$210K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CBRS-USDTshort0.0000%8h209.56+0.172%$1K$3.1M10x
HTX CBRS-USDT0.0000%8h209.44+0.115%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h209.13−0.033%$98K10xas long as short
Polymarket Perps CBRS-USD+0.0024%1h209.22+0.010%$53K$1.1M10xas long as short
Lighter CBRS+0.0032%1h209.15−0.024%$90K$842K10xas long as short
QFEX CBRS-USD+0.0038%1h209.33+0.062%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.37+0.081%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.23+0.014%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.36+0.076%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.44+0.115%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.30+0.048%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.33+0.064%$24310xas long as short
Variational Omni CBRS+0.0366%8h209.23+0.013%$423K$235Kas long as short
Binance CBRSUSDT+0.0384%8h209.40+0.096%$10.2M$29.6M25xas long as short
Extended CBRS_24_5-USD+0.0392%1h209.35+0.070%$46K$268K10xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.081%$148K$71K20xas long as short