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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.176%7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$527as in the Funding arb table
Net, price: spread back to 7d avg − costs−$557as in the Price arb table
costs, in and out, $10k−$5525.519% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.253%+$25 on $10k
Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.176%, 7d avg −0.124%
Together, before fees+0.344%+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.052% cheaper against SunX than usual: you would sell low and buy high (spread −0.176% now, against its 7-day average of −0.124%). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT209.830get 0.0000% / 8h18m 56s$965$3.2M10x
ShortKuCoin CBRSUSDTM209.460.0100get 0.0100% / 8h18m 56s$143K$92K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.176% → −0.124%
−$5.2
Slippage, 4 orders
−$531.93
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$536.13
Costs to cover
5.519%
Break-even
185.7 days
Slippage from SunX: live order book, 9 min ago; KuCoin: live order book, 35 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, 9 min ago30.05 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 35 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−0.0599%4h209.31−0.246%$24K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0216%1h209.39−0.210%$42.9M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.41−0.199%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.66−0.081%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.69−0.067%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.66−0.081%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.39−0.210%$1K$111K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.83long leg$965$3.2M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.53−0.143%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.43−0.191%$9K$7K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CBRS_USDT+0.0004%8h209.60−0.110%$2.9M$3.1M50xas long as short
Vest CBRS-USD-PERP+0.0014%1h209.15−0.324%$94K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.662%$114K$114K10xas long as short
QFEX CBRS-USD+0.0021%1h209.30−0.253%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h209.52−0.148%$91K$870K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.39−0.210%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.26−0.272%$342K$919K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.46−0.176%$143K$92K20x
ApeX Omni CBRSUSDT+0.0100%1h209.32−0.243%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.41−0.200%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.49−0.161%$24310xas long as short
Variational Omni CBRS+0.0445%8h209.32−0.245%$423K$321Kas long as short
Extended CBRS_24_5-USD+0.0472%1h209.56−0.128%$43K$246K10xas long as short
Binance CBRSUSDT+0.0472%8h209.59−0.114%$10.3M$30.0M25xas long as short
BloFin CBRS-USDT+0.0482%8h209.39−0.210%$146K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0556%8h209.37−0.219%$488$222K10xas long as short