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−0.0050%/8h= −5.5% APRpaid last 24h +0.047%
Price spread now: Bitget against tradeXYZ+0.090%7-day average +0.145% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$720.715% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.283%+$28 on $10k
Price spread, last 7 days+0.060%+$6 · spread now +0.090%, 7d avg +0.145%
Together, before fees+0.343%+ Points / potential airdroptradeXYZ: Active · farm board+$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.054% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.145%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.283%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS210.000.0050pay 0.0006% / 1h48m 31s$43.0M$3.6M10x
ShortBitget CBRSUSDT210.190get 0.0000% / 8h7h 48m$2.4M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$10.5
Price spread: +0.090% → +0.145%
−$5.42
Slippage, 4 orders
−$41.54
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$87.47
Costs to cover
0.715%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; Bitget: live order book, 4 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 tradeXYZ live order book, 10 min ago1.43 bp18.5 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.62 bp16.1 bp −$1631.8 bp −$31880.9 bp −$8,087doesn'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%4h209.88−0.058%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h210.26+0.125%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.41+0.195%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.35+0.167%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30+0.143%$2.9M$3.0M50xas long as short
Bitget CBRSUSDTshort0.0000%8h210.19+0.090%$2.4M$2.8M20x
GRVT CBRS_USDT_Perp0.0000%8h209.91−0.042%$359$218K10xas long as short
SunX CBRS-USDT0.0000%8h210.56+0.267%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.94−0.029%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.743%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0028%1h209.80−0.095%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h210.29+0.138%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.06+0.029%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.78−0.105%$1K$111K10xas long as short
tradeXYZ xyz:CBRSlong+0.0050%1h210.00long leg$43.0M$3.6M10x
Polymarket Perps CBRS-USD+0.0050%1h210.14+0.067%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h210.16+0.076%$347K$919K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.17+0.081%$144K$90K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.97−0.014%$25K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.22+0.105%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17+0.082%$24410xas long as short
Variational Omni CBRS+0.0486%8h210.13+0.061%$425K$321Kas long as short
BloFin CBRS-USDT+0.0498%8h210.33+0.157%$146K$71K20xas long as short
Extended CBRS_24_5-USD+0.0512%1h210.29+0.137%$41K$263K10xas long as short
Binance CBRSUSDT+0.0514%8h210.33+0.156%$10.3M$29.8M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0892%1h210.32+0.152%$13K$5K10xas long as short