Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h +0.001%

Price spread now: Orderly against Extended−0.014%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CBRS_24_5-USD	209.39	0.0288	pay 0.0036% / 1h	20m 41s	$43K	$246K	10x
Short	Orderly PERP_CBRS_USDC_mythos	209.36	0.0100	get 0.0100% / 8h	1h 20m	$860	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Extended. 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 ExtendedbpFee OrderlybpOrdersPrice spread, now −0.014%Rate

Funding earned: −$39.48
Price spread: −0.014% → 0.000%: −$1.39
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$51.87
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 62 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 62 min ago	2.64 bp	16.2 bp −$16	185.6 bp −$1,856	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.453%	$114K	$114K	10x	as long as short
tradeXYZ xyz:CBRS	−0.0006%	1h	209.15	−0.114%	$42.8M	$3.6M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.16	−0.108%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.44	+0.024%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.44	+0.024%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	209.50	+0.053%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.41	+0.010%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.14	−0.119%	$1K	$112K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.64	+0.120%	$1K	$3.3M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	209.49	+0.048%	$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
Vest CBRS-USD-PERP	+0.0021%	1h	209.06	−0.157%	—	$90K	10x	as long as short
QFEX CBRS-USD	+0.0027%	1h	209.24	−0.071%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.32	−0.033%	$91K	$899K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.28	−0.052%	$30K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.29	−0.047%	$349K	$913K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.11	−0.133%	$143K	$96K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.86	−0.253%	$24K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythosshort	+0.0100%	8h	209.36	−0.014%	$860	$1K	10x
Aevo CBRS-PERP	+0.0104%	1h	209.49	+0.049%	$243	—	10x	as long as short
Variational Omni CBRS	+0.0209%	8h	209.39	+0.002%	$422K	$321K	—	as long as short
BloFin CBRS-USDT	+0.0277%	8h	209.46	+0.034%	$146K	$70K	20x	as long as short
Extended CBRS_24_5-USDlong	+0.0288%	1h	209.39	long leg	$43K	$246K	10x
Binance CBRSUSDT	+0.0291%	8h	209.37	−0.009%	$10.3M	$30.2M	25x	as long as short
edgeX CBRSUSDC	+0.0349%	4h	209.32	−0.032%	$24K	$220K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0427%	8h	209.33	−0.026%	$682	$233K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0802%	1h	209.39	0.000%	$12K	$28K	10x	as long as short