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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRpaid last 24h +0.015%
Price spread now: Extended against Gate−0.095%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$660.662% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.024%+$2 on $10k
Price spread, last 4 days (all we have)−0.104%−$10 · spread now −0.095%, 7d avg −0.032%
Together, before fees−0.080%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.063% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT210.000.0309pay 0.0309% / 8h4h 45m$2.9M$2.9M50x
ShortExtended CBRS_24_5-USD209.800.0224get 0.0028% / 1h45m 59s$45K$264K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$17.85
Price spread: −0.095% → −0.032%
−$6.34
Slippage, 4 orders
−$46.19
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$90.37
Costs to cover
0.662%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Extended: live order book, 11 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, 2 min ago4.76 bp15.9 bp −$1638.8 bp −$38859.1 bp −$5,912doesn't fit
Sell Extended live order book, 11 min ago2.14 bp16.3 bp −$16122.9 bp −$1,229doesn't fitdoesn'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
edgeX CBRSUSDC−0.0659%4h209.82−0.084%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.89−0.054%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.92−0.038%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.87−0.062%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.88−0.057%$531$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.09+0.043%$1K$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.83−0.081%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.93−0.033%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.50−0.238%$94K10xas long as short
Lighter CBRS+0.0032%1h209.83−0.081%$91K$836K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS+0.0038%1h209.83−0.081%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.64−0.171%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.78−0.105%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.81−0.090%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.83−0.081%$1.1M$3.2M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.80−0.095%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.76−0.114%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.86−0.067%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.89−0.054%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.129%$115K$116K10xas long as short
Variational Omni CBRS+0.0177%8h209.85−0.071%$424K$103Kas long as short
Extended CBRS_24_5-USDshort+0.0224%1h209.80−0.095%$45K$264K10x
Binance CBRSUSDT+0.0225%8h209.86−0.066%$10.3M$29.4M25xas long as short
BloFin CBRS-USDT+0.0252%8h209.93−0.033%$149K$69K20xas long as short
Bybit CBRSUSDT+0.0297%8h209.98−0.010%$2.1M$1.9M25xas long as short
Gate CBRS_USDTlong+0.0309%8h210.00long leg$2.9M$2.9M50x