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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0120%/8h= −13.2% APRpaid last 24h −0.073%
Price spread now: tradeXYZ against KuCoin−0.120%7-day average −0.086% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$446as in the Price arb table
costs, in and out, $10k−$4434.429% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.445%−$44 on $10k
Price spread, last 4 days (all we have)−0.077%−$8 · spread now −0.120%, 7d avg −0.086%
Together, before fees−0.522%+ Points / potential airdroptradeXYZ: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and tradeXYZ is 0.034% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.086%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin CBRSUSDTM207.780.0100pay 0.0100% / 8h5h 42m$114K$270K20x
ShorttradeXYZ xyz:CBRS207.53−0.0020pay 0.0003% / 1h42m 57s$42.6M$4.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$25.27
Price spread: −0.120% → −0.086%
−$3.39
Slippage, 4 orders
−$412.91
Fee KuCoin: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$471.58
Costs to cover
4.429%
Break-even
never at this rate
Slippage from KuCoin: live order book, 59 min ago; tradeXYZ: live order book, 9 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, 59 min ago9.23 bp188.8 bp −$189doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 9 min ago1.45 bp11.5 bp −$11doesn't fitdoesn't fitdoesn't fit

CBRS on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CBRSUSDC−0.0801%4h207.54−0.118%$23K$222K10xas long as short
Phoenix CBRS−0.0116%1h207.98+0.096%$1K$109K10xas long as short
tradeXYZ xyz:CBRSshort−0.0020%1h207.53−0.120%$42.6M$4.1M10x
QFEX CBRS-USD−0.0009%1h207.63−0.072%$1.1M$3.0M10xas long as short
Aster CBRSUSDT0.0000%8h207.74−0.018%$66K$149K20xas long as short
Bybit CBRSUSDT0.0000%8h207.74−0.019%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.72−0.029%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h207.73−0.024%$2.3M$2.8M20xas long as short
SunX CBRS-USDT0.0000%8h207.86+0.039%$1K$2.5M10xas long as short
HTX CBRS-USDT+0.0015%8h207.66−0.058%$9K$10K20xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.05+0.130%$106K10xas long as short
Variational Omni CBRS+0.0031%8h207.65−0.062%$399K$101Kas long as short
Lighter CBRS+0.0032%1h207.59−0.091%$90K$1.2M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h207.70−0.039%$51K$464K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h207.44−0.164%$329K$729K10xas long as short
BloFin CBRS-USDT+0.0053%8h207.74−0.019%$150K$74K20xas long as short
Extended CBRS_24_5-USD+0.0080%1h207.66−0.058%$45K$383K10xas long as short
Binance CBRSUSDT+0.0083%8h207.73−0.024%$10.2M$33.0M25xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h207.54−0.116%$821$2K10xas long as short
KuCoin CBRSUSDTMlong+0.0100%8h207.78long leg$114K$270K20x
ApeX Omni CBRSUSDT+0.0100%1h207.42−0.173%$24K$139K50xas long as short
Aevo CBRS-PERP+0.0104%1h207.55−0.111%$24110xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0135%1h207.81+0.014%$12K$5K10xas long as short
Gate CBRS_USDT+0.0310%8h207.70−0.039%$2.9M$3.3M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0320%1h210.27+1.198%$115K$107K10xas long as short
GRVT CBRS_USDT_Perp+0.0609%8h208.03+0.120%$974$230K10xas long as short