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+0.0038%/8h= +4.1% APRpaid last 24h +0.007%
Price spread now: QFEX against SunX−0.167%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1481.484% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.167%, 7d avg −0.094%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.073% cheaper against SunX than usual: you would sell low and buy high (spread −0.167% now, against its 7-day average of −0.094%). If the spread goes back, that is −$7 on $10k: about 6.4 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.008% in total) that is about 34 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT209.460get 0.0000% / 8h6h 01m$855$3.0M10x
ShortQFEX CBRS-USD209.110.0038get 0.0005% / 1h1m 26s$1.1M$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$7.91
Price spread: −0.167% → −0.094%
−$7.27
Slippage, 4 orders
−$130.39
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$147.74
Costs to cover
1.484%
Break-even
137.7 days
Slippage from SunX: live order book, 6 min ago; QFEX: live order book, 7 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, 6 min ago30.78 bp49.0 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago2.15 bp10.5 bp −$1019.4 bp −$194doesn't fitdoesn't fit

CBRS on 25 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−0.0987%4h209.17−0.137%$24K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0056%1h208.99−0.224%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.487%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.22−0.114%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.27−0.091%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.21−0.119%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.25−0.099%$789$206K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.46long leg$855$3.0M10x
HTX CBRS-USDT0.0000%8h209.35−0.053%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.81−0.310%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.05−0.196%$90K$862K10xas long as short
QFEX CBRS-USDshort+0.0038%1h209.11−0.167%$1.1M$3.3M10x
Phoenix CBRS+0.0038%1h209.08−0.181%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.03−0.205%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.14−0.153%$339K$737K10xas long as short
Bybit CBRSUSDT+0.0071%8h209.31−0.072%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.19−0.129%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.12−0.162%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.22−0.115%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.27−0.091%$24310xas long as short
Gate CBRS_USDT+0.0119%8h209.40−0.029%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0291%8h209.20−0.125%$423K$121Kas long as short
Binance CBRSUSDT+0.0311%8h209.21−0.119%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0312%1h209.18−0.135%$46K$268K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0707%1h209.19−0.129%$12K$5K10xas long as short