Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.028%

Price spread now: Extended against HTX−0.024%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.024% cheaper against HTX than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CBRS-USDT	209.36	0	get 0.0000% / 8h	1h 29m	$9K	$6K	20x
Short	Extended CBRS_24_5-USD	209.31	0.0216	get 0.0027% / 1h	29m 57s	$43K	$246K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now −0.024%Rate

Funding earned: $45.36
Price spread: −0.024% → 0.000%: −$2.38
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $25.98
Costs to cover: 0.170%
Break-even: 3.0 days

Slippage unknown: HTX: no order-book sample; Extended: live order book, 52 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell Extended live order book, 52 min ago	2.64 bp	16.6 bp −$17	156.4 bp −$1,564	doesn't fit	doesn't fit

HTX: 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	−0.0074%	1h	209.10	−0.124%	$42.8M	$3.6M	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.439%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.09	−0.127%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.37	+0.005%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.37	+0.005%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	209.40	+0.019%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.25	−0.053%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.03	−0.158%	$1K	$112K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.56	+0.096%	$1K	$3.3M	10x	as long as short
HTX CBRS-USDTlong	0.0000%	8h	209.36	long leg	$9K	$6K	20x

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	−0.143%	—	$90K	10x	as long as short
QFEX CBRS-USD	+0.0027%	1h	209.30	−0.029%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.03	−0.158%	$90K	$890K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.21	−0.072%	$31K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.25	−0.053%	$349K	$914K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.11	−0.119%	$143K	$96K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.86	−0.239%	$24K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.31	−0.024%	$859	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.40	+0.021%	$243	—	10x	as long as short
Variational Omni CBRS	+0.0171%	8h	209.33	−0.015%	$422K	$321K	—	as long as short
Binance CBRSUSDT	+0.0213%	8h	209.35	−0.005%	$10.3M	$30.3M	25x	as long as short
Extended CBRS_24_5-USDshort	+0.0216%	1h	209.31	−0.024%	$43K	$246K	10x
BloFin CBRS-USDT	+0.0232%	8h	209.47	+0.053%	$146K	$70K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0352%	8h	209.19	−0.082%	$688	$235K	10x	as long as short
edgeX CBRSUSDC	+0.0456%	4h	209.37	+0.003%	$24K	$221K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.1425%	1h	209.33	−0.014%	$12K	$52K	10x	as long as short