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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0362%/8h= +39.7% APRnext payment +$0.45 per $10,000 · paid last 24h +0.034%
Price spread now: Extended against QFEX+0.017%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$510.505% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.017%, 7d avg −0.037%
Together, before fees−0.061%+ Points / potential airdropExtended: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Extended is 0.055% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.037%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.037% in total (about 3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD209.210.0038pay 0.0005% / 1h47m 37s$1.1M$3.4M10x
ShortExtended CBRS_24_5-USD209.250.0400get 0.0050% / 1h47m 37s$46K$270K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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
$76.09
Price spread: +0.017% → −0.037%
$5.47
Slippage, 4 orders
−$35.54
Fee QFEX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$31.02
Costs to cover
0.505%
Break-even
4.1 days
Slippage from QFEX: live order book, 10 min ago; Extended: live order book, 19 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 QFEX live order book, 10 min ago1.91 bp8.8 bp −$915.0 bp −$150doesn't fitdoesn't fit
Sell Extended live order book, 19 min ago2.38 bp17.1 bp −$17121.3 bp −$1,213doesn'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
edgeX CBRSUSDC−0.0806%4h209.41+0.094%$24K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0361%1h209.09−0.057%$42.8M$3.5M10xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0132%1h209.35+0.067%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.368%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.32+0.053%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.32+0.053%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.091%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.27+0.029%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.43+0.107%$475$210K10xas long as short
SunX CBRS-USDT0.0000%8h209.68+0.225%$1K$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h209.44+0.110%$9K$9K20xas long as short
Bybit CBRSUSDT+0.0007%8h209.40+0.091%$2.1M$1.9M25xas long as short
Polymarket Perps CBRS-USD+0.0018%1h209.16−0.024%$53K$1.1M10xas long as short
Vest CBRS-USD-PERP+0.0020%1h209.03−0.086%$98K10xas long as short
Lighter CBRS+0.0032%1h209.17−0.019%$90K$842K10xas long as short
QFEX CBRS-USDlong+0.0038%1h209.21long leg$1.1M$3.4M10x
Phoenix CBRS+0.0038%1h209.25+0.019%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.25+0.019%$341K$890K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.35+0.067%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.42+0.100%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.41+0.096%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.39+0.087%$24310xas long as short
Variational Omni CBRS+0.0379%8h209.47+0.125%$424K$321Kas long as short
Binance CBRSUSDT+0.0398%8h209.30+0.043%$10.2M$29.6M25xas long as short
Extended CBRS_24_5-USDshort+0.0400%1h209.25+0.017%$46K$270K10x
BloFin CBRS-USDT+0.0414%8h209.37+0.076%$148K$71K20xas long as short