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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h +0.024%
Price spread now: KuCoin against QFEX−0.062%56s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$4444.437% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.089%+$9 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.062%, 7d avg −0.031%
Together, before fees+0.128%+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.031% cheaper against QFEX than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.031%). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD210.070.0031pay 0.0004% / 1h50m 43s$1.1M$3.4M10x
ShortKuCoin CBRSUSDTM209.940.0100get 0.0100% / 8h7h 50m$143K$90K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$14.41
Price spread: −0.062% → −0.031%
−$3.09
Slippage, 4 orders
−$421.69
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$432.37
Costs to cover
4.437%
Break-even
217.0 days
Slippage from QFEX: live order book, 2 min ago; KuCoin: live order book, 63 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, 2 min ago1.67 bp11.4 bp −$1119.4 bp −$194doesn't fitdoesn't fit
Sell KuCoin live order book, 63 min ago9.79 bp196.0 bp −$196doesn'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
edgeX CBRSUSDC−0.0681%4h209.88−0.091%$24K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0004%1h209.93−0.067%$43.0M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h210.01−0.029%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.10+0.014%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.19+0.057%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.10+0.014%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.10+0.014%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.91−0.075%$359$218K10xas long as short
SunX CBRS-USDT0.0000%8h210.39+0.152%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.94−0.062%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.776%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0028%1h209.62−0.214%$98K10xas long as short
QFEX CBRS-USDlong+0.0031%1h210.07long leg$1.1M$3.4M10x
Lighter CBRS+0.0032%1h209.99−0.038%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.78−0.138%$1K$111K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.02−0.024%$54K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.90−0.081%$347K$918K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.94−0.062%$143K$90K20x
ApeX Omni CBRSUSDT+0.0100%1h209.93−0.067%$25K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.02−0.024%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.97−0.046%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.10+0.014%$12K$5K10xas long as short
Variational Omni CBRS+0.0486%8h210.13+0.027%$425K$321Kas long as short
BloFin CBRS-USDT+0.0497%8h210.05−0.010%$146K$71K20xas long as short
Binance CBRSUSDT+0.0515%8h210.12+0.023%$10.3M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0520%1h210.07+0.001%$42K$252K10xas long as short