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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0364%/8h= +39.9% APRnext payment +$3.64 per $10,000 · paid last 24h +0.011%
Price spread now: BloFin against KuCoin+0.134%65s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$452as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4444.441% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.082%−$8 on $10k
Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.134%, 7d avg +0.030%
Together, before fees−0.231%−$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and BloFin is 0.104% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.030%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.082% in total (about -4.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CBRSUSDTM209.110.0100pay 0.0100% / 8h44m 06s$143K$93K20x
ShortBloFin CBRS-USDT209.390.0464get 0.0464% / 8h44m 06s$146K$70K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$76.43
Price spread: +0.134% → +0.030%
$10.44
Slippage, 4 orders
−$420.12
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$357.25
Costs to cover
4.441%
Break-even
39.7 days
Slippage from KuCoin: live order book, 10 min ago; BloFin: live order book, 17 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 KuCoin live order book, 10 min ago9.79 bp228.2 bp −$228doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 17 min ago0.95 bp8.9 bp −$915.7 bp −$157doesn'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
Aster CBRSUSDT0.0000%8h209.14+0.015%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.41+0.143%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.41+0.143%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.139%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.37+0.124%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.36+0.120%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.63+0.249%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.47+0.172%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.320%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0016%1h208.98−0.062%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0021%1h209.30+0.091%$1.1M$3.4M10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.16+0.024%$42.8M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.16+0.024%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.27+0.077%$347K$913K10xas long as short
KuCoin CBRSUSDTMlong+0.0100%8h209.11long leg$143K$93K20x
ApeX Omni CBRSUSDT+0.0100%1h209.08−0.014%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.27+0.077%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.40+0.141%$24310xas long as short
Lighter CBRS+0.0216%1h209.44+0.158%$93K$863K10xas long as short
edgeX CBRSUSDC+0.0318%4h209.37+0.124%$24K$221K10xas long as short
Variational Omni CBRS+0.0405%8h209.37+0.124%$423K$321Kas long as short
Binance CBRSUSDT+0.0445%8h209.34+0.112%$10.3M$30.0M25xas long as short
Extended CBRS_24_5-USD+0.0448%1h209.26+0.073%$43K$246K10xas long as short
BloFin CBRS-USDTshort+0.0464%8h209.39+0.134%$146K$70K20x
GRVT CBRS_USDT_Perp+0.0548%8h209.42+0.148%$477$227K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0563%1h209.35+0.115%$12K$4K10xas long as short