Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1521%/8h= +166.5% APRpaid last 24h +0.058%

Price spread now: Deribit against Gate−0.033%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Deribit

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. Deribit is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$46 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CBRS_USDT	209.40	0	get 0.0000% / 8h	1h 31m	$2.9M	$3.1M	50x
Short	Deribit CBRS_USDC-PERPETUAL	209.33	0.1521	get 0.0190% / 1h	31m 46s	$12K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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

Position, each leg$Hold fordaysFee GatebpFee DeribitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $319.34
Price spread: −0.033% → 0.000%: −$3.34
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $294
Costs to cover: 0.220%
Break-even: 0.6 days

Slippage unknown: Gate: live order book, 1 min ago; Deribit: 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 Gate live order book, 1 min ago	4.77 bp	26.1 bp −$26	43.6 bp −$436	58.3 bp −$5,825	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

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	−0.0091%	1h	209.10	−0.143%	$42.8M	$3.6M	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.458%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.04	−0.172%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.38	−0.010%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.33	−0.033%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDTlong	0.0000%	8h	209.40	long leg	$2.9M	$3.1M	50x
Bitget CBRSUSDT	0.0000%	8h	209.25	−0.072%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	208.77	−0.301%	$1K	$112K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.41	+0.005%	$1K	$3.3M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	209.37	−0.014%	$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	+0.0022%	1h	209.06	−0.162%	—	$90K	10x	as long as short
edgeX CBRSUSDC	+0.0024%	4h	209.18	−0.103%	$24K	$220K	10x	as long as short
QFEX CBRS-USD	+0.0027%	1h	209.32	−0.038%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	208.92	−0.229%	$90K	$890K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.19	−0.100%	$31K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.25	−0.072%	$344K	$914K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.11	−0.138%	$143K	$96K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.79	−0.291%	$25K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.18	−0.105%	$859	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.25	−0.071%	$243	—	10x	as long as short
Variational Omni CBRS	+0.0143%	8h	209.13	−0.131%	$422K	$321K	—	as long as short
Binance CBRSUSDT	+0.0197%	8h	209.33	−0.033%	$10.3M	$30.3M	25x	as long as short
Extended CBRS_24_5-USD	+0.0200%	1h	209.32	−0.036%	$43K	$246K	10x	as long as short
BloFin CBRS-USDT	+0.0208%	8h	209.47	+0.033%	$146K	$70K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0352%	8h	209.19	−0.101%	$688	$235K	10x	as long as short
Deribit CBRS_USDC-PERPETUALshort	+0.1521%	1h	209.33	−0.033%	$12K	$52K	10x