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+0.0260%/8h= +28.4% APRnext payment +$2.60 per $10,000 · paid last 24h +0.076%
Price spread now: Binance against SunX−0.106%46s7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1531.532% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)+0.156%+$16 · spread now −0.106%, 7d avg −0.106%
Together, before fees+0.337%+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.106%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.181% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 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
LongSunX CBRS-USDT209.610get 0.0000% / 8h5h 36m$1K$3.0M10x
ShortBinance CBRSUSDT209.390.0260get 0.0260% / 8h5h 36m$10.3M$29.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$54.52
Price spread: −0.106% → −0.106%
$0.05
Slippage, 4 orders
−$135.2
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$98.63
Costs to cover
1.532%
Break-even
19.7 days
Slippage from SunX: live order book, 11 min ago; Binance: live order book, 5 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 SunX live order book, 11 min ago30.30 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 5 min ago0.24 bp14.0 bp −$1432.7 bp −$327109.6 bp −$11.0Kdoesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.558%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.30−0.150%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.46−0.072%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.38−0.110%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.26−0.169%$896$204K10xas long as short
Phoenix CBRS0.0000%1h208.98−0.301%$1K$108K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.61long leg$1K$3.0M10x
HTX CBRS-USDT0.0000%8h209.28−0.157%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.96−0.310%$94K10xas long as short
Lighter CBRS+0.0032%1h209.15−0.219%$92K$830K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.20−0.196%$42.8M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.28−0.157%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.33−0.134%$340K$734K10xas long as short
QFEX CBRS-USD+0.0051%1h209.32−0.138%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.34−0.129%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.96−0.310%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.30−0.148%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.28−0.155%$24310xas long as short
Bybit CBRSUSDT+0.0120%8h209.36−0.119%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0169%8h209.60−0.005%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0231%8h209.13−0.227%$423K$115Kas long as short
Extended CBRS_24_5-USD+0.0256%1h209.35−0.123%$46K$263K10xas long as short
BloFin CBRS-USDT+0.0259%8h209.19−0.200%$148K$70K20xas long as short
Binance CBRSUSDTshort+0.0260%8h209.39−0.106%$10.3M$29.4M25x
Deribit CBRS_USDC-PERPETUAL+0.0611%1h209.36−0.119%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0893%4h209.14−0.224%$24K$219K10xas long as short