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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h −0.122%
Price spread now: tradeXYZ against GRVT−0.166%66s7-day average −0.118% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.555% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.452%−$45 on $10k
Price spread, last 4 days (all we have)+0.136%+$14 · spread now −0.166%, 7d avg −0.118%
Together, before fees−0.316%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.048% cheaper against GRVT than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.118%). If the spread goes back, that is −$5 on $10k: about 6.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.452%, so the current rate has only just turned in your favour. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT CBRS_USDT_Perp210.230.0023pay 0.0023% / 8h5h 02m$511$205K10x
ShorttradeXYZ xyz:CBRS209.880.0050get 0.0006% / 1h2m 16s$43.0M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$5.67
Price spread: −0.166% → −0.118%
−$4.83
Slippage, 4 orders
−$28.45
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$54.62
Costs to cover
0.555%
Break-even
74.4 days
Slippage from GRVT: live order book, 60 min ago; tradeXYZ: live order book, 7 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, 60 min ago2.63 bp19.6 bp −$2041.3 bp −$413doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago0.48 bp13.0 bp −$13doesn't fitdoesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27+0.019%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.12−0.051%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.24+0.005%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.11−0.057%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.95−0.133%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.29+0.029%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.21−0.010%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.252%$94K10xas long as short
GRVT CBRS_USDT_Perplong+0.0023%8h210.23long leg$511$205K10x
Lighter CBRS+0.0032%1h210.00−0.109%$90K$833K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRSshort+0.0050%1h209.88−0.166%$43.0M$3.5M10x
Polymarket Perps CBRS-USD+0.0050%1h210.06−0.081%$54K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.06−0.081%$1.1M$3.2M10xas long as short
Ondo Perps CBRS-USD.P+0.0080%1h210.12−0.052%$341K$734K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.03−0.095%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.98−0.119%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.12−0.052%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17−0.029%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.11−0.057%$12K$5K10xas long as short
Variational Omni CBRS+0.0227%8h210.15−0.036%$425K$107Kas long as short
Extended CBRS_24_5-USD+0.0264%1h210.08−0.073%$45K$262K10xas long as short
Binance CBRSUSDT+0.0267%8h210.10−0.064%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0274%8h210.24+0.005%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0284%8h210.30+0.033%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0284%8h210.07−0.076%$105K$69K20xas long as short
edgeX CBRSUSDC+0.0749%4h210.230.000%$24K$220K10xas long as short