Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0655%/8h= +71.7% APRpaid last 24h +0.096%

Price spread now: Deribit against OKX−0.057%7-day average — · you buy dearer than you sell

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

Long on OKX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.057% cheaper against OKX than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX CBRS-USDT-SWAP	210.23	0	get 0.0000% / 8h	5h 10m	$2.2M	$3.5M	25x
Short	Deribit CBRS_USDC-PERPETUAL	210.11	0.0655	get 0.0082% / 1h	10m 01s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against OKX. 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 OKXbpFee DeribitbpOrdersPrice spread, now −0.057%Rate

Funding earned: $137.57
Price spread: −0.057% → 0.000%: −$5.71
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $114.87
Costs to cover: 0.170%
Break-even: 1.2 days

Slippage unknown: OKX: live order book, 2 min ago; Deribit: 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 OKX live order book, 2 min ago	0.24 bp	13.8 bp −$14	52.2 bp −$522	doesn't fit	doesn't fit
Sell Deribit no order-book sample	—	—	—	—	—

Deribit: 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
Coinbase International CBRS-PERP-INTX	−0.0056%	1h	208.44	−0.851%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	210.07	−0.074%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAPlong	0.0000%	8h	210.23	long leg	$2.2M	$3.5M	25x
Bitget CBRSUSDT	0.0000%	8h	210.16	−0.033%	$2.4M	$2.7M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.88	−0.166%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.29	+0.029%	$885	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.20	−0.014%	$9K	$9K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0003%	8h	210.11	−0.057%	$366	$205K	10x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	209.50	−0.347%	—	$94K	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.90	−0.157%	$90K	$831K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.82	−0.195%	$43.0M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.98	−0.119%	$55K	$1.1M	10x	as long as short
QFEX CBRS-USD	+0.0051%	1h	210.06	−0.081%	$1.1M	$3.3M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0086%	1h	210.05	−0.086%	$341K	$734K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.92	−0.147%	$115K	$116K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.88	−0.166%	$25K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	210.15	−0.038%	$863	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	210.17	−0.029%	$244	—	10x	as long as short
Variational Omni CBRS	+0.0228%	8h	210.02	−0.098%	$424K	$109K	—	as long as short
Bybit CBRSUSDT	+0.0245%	8h	210.23	0.000%	$2.1M	$1.9M	25x	as long as short
BloFin CBRS-USDT	+0.0256%	8h	210.05	−0.086%	$105K	$69K	20x	as long as short
Gate CBRS_USDT	+0.0268%	8h	210.30	+0.033%	$2.9M	$3.0M	50x	as long as short
Extended CBRS_24_5-USD	+0.0272%	1h	210.10	−0.062%	$44K	$262K	10x	as long as short
Binance CBRSUSDT	+0.0275%	8h	210.15	−0.037%	$10.3M	$29.4M	25x	as long as short
Deribit CBRS_USDC-PERPETUALshort	+0.0655%	1h	210.11	−0.057%	$12K	$5K	10x
edgeX CBRSUSDC	+0.0726%	4h	210.10	−0.063%	$24K	$219K	10x	as long as short