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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against OKX+0.130%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$386as in the Funding arb table
Net, price: spread back to 7d avg − costs−$395as in the Price arb table
costs, in and out, $10k−$4084.080% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.130%, 7d avg −0.001%
Together, before fees+0.151%+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.131% dearer against OKX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP206.910get 0.0000% / 8h3h 18m$2.2M$3.4M25x
ShortKuCoin CBRSUSDTM207.180.0100get 0.0100% / 8h3h 18m$115K$113K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: +0.130% → −0.001%
$13.11
Slippage, 4 orders
−$386.01
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$373.91
Costs to cover
4.080%
Break-even
131.6 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 45 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 OKX live order book, 4 min ago0.24 bp25.0 bp −$2559.7 bp −$597doesn't fitdoesn't fit
Sell KuCoin live order book, 45 min ago11.92 bp151.4 bp −$151doesn't fitdoesn'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
tradeXYZ xyz:CBRS−0.0340%1h206.83−0.039%$42.3M$3.7M10xas long as short
Aster CBRSUSDT0.0000%8h206.87−0.018%$65K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h206.91long leg$2.2M$3.4M25x
Bitget CBRSUSDT0.0000%8h206.94+0.014%$2.4M$2.4M20xas long as short
SunX CBRS-USDT0.0000%8h207.62+0.343%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h207.52+0.295%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0018%1h206.910.000%$98K10xas long as short
Lighter CBRS+0.0032%1h206.86−0.024%$89K$862K10xas long as short
Phoenix CBRS+0.0038%1h206.99+0.039%$1K$108K10xas long as short
GRVT CBRS_USDT_Perp+0.0050%8h207.41+0.242%$257$212K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.89−0.010%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h207.07+0.077%$336K$718K10xas long as short
QFEX CBRS-USD+0.0063%1h207.08+0.082%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0064%8h207.41+0.241%$418K$83Kas long as short
edgeX CBRSUSDC+0.0095%4h207.40+0.235%$23K$221K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h207.18+0.130%$115K$113K20x
ApeX Omni CBRSUSDT+0.0100%1h207.59+0.329%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.93+0.010%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.91−0.002%$24010xas long as short
Binance CBRSUSDT+0.0127%8h206.87−0.019%$10.1M$29.7M25xas long as short
Extended CBRS_24_5-USD+0.0128%1h206.89−0.011%$48K$258K10xas long as short
BloFin CBRS-USDT+0.0149%8h207.11+0.097%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.624%$115K$116K10xas long as short
Gate CBRS_USDT+0.0343%8h207.10+0.092%$2.8M$2.9M50xas long as short
Bybit CBRSUSDT+0.0344%8h206.95+0.019%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0718%1h206.90−0.005%$12K$5K10xas long as short