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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h −0.050%
Price spread now: QFEX against GRVT−0.128%57s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.554% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.075%−$8 on $10k
Price spread, last 3 days (all we have)+0.162%+$16 · spread now −0.128%, 7d avg −0.007%
Together, before fees+0.086%+ Points / potential airdropGRVT: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.122% cheaper against GRVT than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.007%). If the spread goes back, that is −$12 on $10k: about 13 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.075%, so the current rate has only just turned in your favour. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT CBRS_USDT_Perp210.120get 0.0000% / 8h7h 34m$227$213K10x
ShortQFEX CBRS-USD209.850.0031get 0.0004% / 1h34m 17s$1.1M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against GRVT. 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
$6.59
Price spread: −0.128% → −0.007%
−$12.17
Slippage, 4 orders
−$36.44
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$61.03
Costs to cover
0.554%
Break-even
71.9 days
Slippage from GRVT: live order book, 38 min ago; QFEX: live order book, 4 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 GRVT live order book, 38 min ago2.39 bp16.8 bp −$17604.0 bp −$6,040doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.67 bp9.6 bp −$1020.5 bp −$205doesn'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
Deribit CBRS_USDC-PERPETUAL−0.0227%1h209.53−0.281%$12K$5K10xas long as short
Aster CBRSUSDT0.0000%8h209.99−0.063%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.84−0.133%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.79−0.157%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.80−0.152%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.72−0.190%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perplong0.0000%8h210.12long leg$227$213K10x
SunX CBRS-USDT0.0000%8h210.19+0.034%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.07−0.024%$9K$6K20xas long as short
tradeXYZ xyz:CBRS+0.0019%1h209.45−0.319%$42.9M$3.6M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.799%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0029%1h209.38−0.352%$98K10xas long as short
QFEX CBRS-USDshort+0.0031%1h209.85−0.128%$1.1M$3.4M10x
Lighter CBRS+0.0032%1h209.61−0.242%$90K$845K10xas long as short
Phoenix CBRS+0.0038%1h210.00−0.057%$1K$111K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.46−0.314%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.78−0.162%$348K$924K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.98−0.066%$143K$90K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h210.14+0.010%$25K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.95−0.081%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.91−0.099%$24310xas long as short
Variational Omni CBRS+0.0451%8h209.81−0.146%$425K$321Kas long as short
Extended CBRS_24_5-USD+0.0480%1h209.74−0.182%$43K$306K10xas long as short
Binance CBRSUSDT+0.0481%8h209.85−0.130%$10.3M$29.8M25xas long as short
edgeX CBRSUSDC+0.0486%4h210.10−0.009%$24K$221K10xas long as short
BloFin CBRS-USDT+0.0498%8h209.85−0.128%$147K$71K20xas long as short