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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0056%/8h= +6.1% APRnext payment +$0.56 per $10,000 · paid last 24h +0.050%
Price spread now: GRVT against KuCoin+0.116%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$435as in the Price arb table
costs, in and out, $10k−$4444.443% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.010%−$1 on $10k
Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.116%, 7d avg +0.026%
Together, before fees−0.329%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.090% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CBRSUSDTM206.020.0100pay 0.0100% / 8h37m 27s$113K$105K20x
ShortGRVT CBRS_USDT_Perp206.260.0156get 0.0156% / 8h37m 27s$635$217K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$11.76
Price spread: +0.116% → +0.026%
$9.04
Slippage, 4 orders
−$423.28
Fee KuCoin: 6 bp × 2 orders
−$12
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$423.48
Costs to cover
4.443%
Break-even
259.1 days
Slippage from KuCoin: live order book, 57 min ago; GRVT: live order book, 65 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, 57 min ago11.19 bp234.0 bp −$234doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 65 min ago2.67 bp14.2 bp −$1421.7 bp −$217doesn'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
Bitget CBRSUSDT−0.0454%8h206.19+0.083%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0115%1h205.81−0.102%$42.1M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.12+0.051%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.11+0.044%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h206.06+0.019%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.277%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.199%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h205.78−0.116%$108K10xas long as short
Lighter CBRS+0.0032%1h206.11+0.044%$92K$909K10xas long as short
Variational Omni CBRS+0.0035%8h206.29+0.133%$402K$91Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0050%1h206.05+0.015%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.86−0.078%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.36+0.165%$335K$717K10xas long as short
BloFin CBRS-USDT+0.0069%8h206.25+0.112%$146K$71K20xas long as short
Binance CBRSUSDT+0.0088%8h206.07+0.024%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0088%1h206.12+0.051%$44K$388K10xas long as short
KuCoin CBRSUSDTMlong+0.0100%8h206.02long leg$113K$105K20x
ApeX Omni CBRSUSDT+0.0100%1h206.19+0.083%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.15+0.063%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.27+0.122%$23910xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0138%1h206.27+0.121%$12K$5K10xas long as short
GRVT CBRS_USDT_Perpshort+0.0156%8h206.26+0.116%$635$217K10x
Bybit CBRSUSDT+0.0251%8h206.05+0.015%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0397%8h206.40+0.184%$2.9M$3.0M50xas long as short
edgeX CBRSUSDC+0.0490%4h206.21+0.093%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.063%$115K$112K10xas long as short