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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0353%/8h= −38.6% APRnext payment $3.53 per $10,000 · paid last 24h +0.044%
Price spread now: Binance against Gate−0.015%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$650.645% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 7 days−0.058%−$6 · spread now −0.015%, 7d avg −0.035%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.035%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.066% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT206.200.0392pay 0.0392% / 8h7h 58m$2.9M$2.9M50x
ShortBinance CBRSUSDT206.170.0039get 0.0039% / 8h7h 58m$10.1M$31.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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
−$74.09
Price spread: −0.015% → −0.035%
$1.96
Slippage, 4 orders
−$39.53
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$136.65
Costs to cover
0.645%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; Binance: live order book, 13 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 Gate live order book, 4 min ago7.27 bp21.6 bp −$2242.2 bp −$42267.1 bp −$6,713doesn't fit
Sell Binance live order book, 13 min ago0.24 bp13.5 bp −$1329.7 bp −$297111.5 bp −$11.1Kdoesn'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
Lighter CBRS−0.0640%1h206.51+0.150%$95K$1.0M10xas long as short
Bitget CBRSUSDT−0.0364%8h206.09−0.053%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0242%1h205.84−0.175%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.44+0.117%$65K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h206.05−0.073%$2.1M$2.0M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.14−0.029%$2.2M$3.4M25xas long as short
Variational Omni CBRS0.0000%8h205.99−0.101%$401K$90Kas long as short
Phoenix CBRS0.0000%1h206.00−0.097%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.22+0.010%$1K$2.8M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.53+0.160%$12K$5K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h206.07−0.063%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h209.06+1.387%$107K10xas long as short
Binance CBRSUSDTshort+0.0039%8h206.17−0.015%$10.1M$31.2M25x
Extended CBRS_24_5-USD+0.0040%1h206.31+0.053%$44K$385K10xas long as short
QFEX CBRS-USD+0.0050%1h210.30+1.988%$1.2M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.03−0.082%$51K$670K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.00−0.097%$334K$715K10xas long as short
BloFin CBRS-USDT+0.0059%8h206.200.000%$147K$72K20xas long as short
edgeX CBRSUSDC+0.0069%4h206.37+0.084%$23K$221K10xas long as short
GRVT CBRS_USDT_Perp+0.0097%8h206.11−0.043%$635$217K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.28+0.039%$115K$122K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.26+0.029%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.57+0.179%$957$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.52+0.156%$24010xas long as short
Gate CBRS_USDTlong+0.0392%8h206.20long leg$2.9M$2.9M50x
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+1.974%$115K$112K10xas long as short