Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h +0.009%

Price spread now: Vest against HTX−0.115%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 Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Vest is 0.115% cheaper against HTX than usual: you would sell low and buy high (spread −0.115% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 19 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CBRS-USDT	209.32	0	get 0.0000% / 8h	1h 15m	$9K	$6K	20x
Short	Vest CBRS-USD-PERP	209.08	0.0021	get 0.0003% / 1h	15m 41s	—	$94K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.115%Rate

Funding earned: $4.32
Price spread: −0.115% → 0.000%: −$11.47
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$21.15
Costs to cover: 0.140%
Break-even: 41.3 days

Slippage unknown: HTX: no order-book sample; Vest: 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 HTX no order-book sample	—	—	—	—	—
Sell Vest no order-book sample	—	—	—	—	—

HTX and Vest: 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
edgeX CBRSUSDC	−0.0063%	4h	209.23	−0.045%	$24K	$221K	10x	as long as short
tradeXYZ xyz:CBRS	−0.0009%	1h	209.10	−0.105%	$42.8M	$3.6M	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.420%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.19	−0.063%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.32	0.000%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.21	−0.053%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	209.30	−0.010%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.20	−0.057%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.06	−0.124%	$1K	$112K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.42	+0.048%	$1K	$3.3M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CBRS-USDTlong	0.0000%	8h	209.32	long leg	$9K	$6K	20x
Vest CBRS-USD-PERPshort	+0.0021%	1h	209.08	−0.115%	—	$94K	10x
QFEX CBRS-USD	+0.0027%	1h	209.22	−0.048%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.34	+0.010%	$93K	$907K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.12	−0.096%	$30K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.28	−0.019%	$346K	$908K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0085%	1h	209.23	−0.043%	$12K	$16K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.11	−0.100%	$143K	$95K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.90	−0.201%	$24K	$137K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.13	−0.091%	$859	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.19	−0.062%	$243	—	10x	as long as short
Variational Omni CBRS	+0.0249%	8h	209.41	+0.042%	$423K	$321K	—	as long as short
BloFin CBRS-USDT	+0.0294%	8h	209.44	+0.057%	$146K	$70K	20x	as long as short
Extended CBRS_24_5-USD	+0.0320%	1h	209.16	−0.078%	$43K	$246K	10x	as long as short
Binance CBRSUSDT	+0.0320%	8h	209.20	−0.057%	$10.3M	$30.1M	25x	as long as short
GRVT CBRS_USDT_Perp	+0.0481%	8h	209.28	−0.019%	$636	$233K	10x	as long as short