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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.004%
Price spread now: QFEX against OKX−0.100%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$600.595% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.004%$0 on $10k
Price spread, last 7 days+0.096%+$10 · spread now −0.100%, 7d avg −0.014%
Together, before fees+0.101%+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.086% cheaper against OKX than usual: you would sell low and buy high (spread −0.100% now, against its 7-day average of −0.014%). If the spread goes back, that is −$9 on $10k: about 3.6 days of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.004% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP210.070get 0.0000% / 8h4h 18m$2.2M$3.5M25x
ShortQFEX CBRS-USD209.860.0080get 0.0010% / 1h18m 33s$1.1M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$16.8
Price spread: −0.100% → −0.014%
−$8.57
Slippage, 4 orders
−$39.51
Fee OKX: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$51.29
Costs to cover
0.595%
Break-even
28.4 days
Slippage from OKX: live order book, 4 min ago; QFEX: live order book, 4 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 bp20.6 bp −$2152.0 bp −$520doesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.90 bp7.9 bp −$815.5 bp −$155doesn'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%8h209.94−0.062%$66K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h210.07long leg$2.2M$3.5M25x
Bitget CBRSUSDT0.0000%8h209.97−0.048%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.98−0.043%$418$207K10xas long as short
SunX CBRS-USDT0.0000%8h210.26+0.090%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.09+0.010%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.55−0.248%$94K10xas long as short
Lighter CBRS+0.0032%1h209.83−0.114%$90K$848K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.119%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.66−0.195%$42.9M$3.5M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h209.84−0.109%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.92−0.071%$341K$723K10xas long as short
QFEX CBRS-USDshort+0.0080%1h209.86−0.100%$1.1M$3.1M10x
KuCoin CBRSUSDTM+0.0100%8h209.96−0.052%$115K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.81−0.124%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.97−0.048%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.94−0.062%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.095%$115K$116K10xas long as short
Variational Omni CBRS+0.0111%8h210.08+0.003%$424K$98Kas long as short
Extended CBRS_24_5-USD+0.0160%1h209.88−0.088%$45K$263K10xas long as short
Binance CBRSUSDT+0.0162%8h209.86−0.101%$10.3M$29.4M25xas long as short
BloFin CBRS-USDT+0.0180%8h210.08+0.005%$148K$70K20xas long as short
Bybit CBRSUSDT+0.0338%8h210.01−0.029%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0355%8h210.10+0.014%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0417%1h209.96−0.052%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0898%4h209.96−0.050%$24K$220K10xas long as short