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+0.0239%/8h= +26.2% APRpaid last 24h +0.044%
Price spread now: Bybit against tradeXYZ+0.172%7-day average +0.139% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.615% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.310%+$31 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.172%, 7d avg +0.139%
Together, before fees+0.257%+ Points / potential airdroptradeXYZ: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.033% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.139%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.23−0.0123get 0.0015% / 1h15m 53s$42.9M$3.5M10x
ShortBybit CBRSUSDT209.590.0116get 0.0116% / 8h6h 15m$2.1M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$50.17
Price spread: +0.172% → +0.139%
$3.28
Slippage, 4 orders
−$32.49
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$8.04
Costs to cover
0.615%
Break-even
8.1 days
Slippage from tradeXYZ: live order book, 3 min ago; Bybit: live order book, 1 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, 3 min ago0.96 bp12.6 bp −$1314.5 bp −$145doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago2.86 bp18.3 bp −$18138.3 bp −$1,383doesn'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−0.0833%4h209.22−0.003%$24K$220K10xas long as short
tradeXYZ xyz:CBRSlong−0.0123%1h209.23long leg$42.9M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.378%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.46+0.110%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.43+0.096%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.44+0.100%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.21−0.008%$795$206K10xas long as short
SunX CBRS-USDT0.0000%8h209.88+0.311%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.59+0.172%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.19−0.019%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.29+0.029%$90K$850K10xas long as short
QFEX CBRS-USD+0.0038%1h209.42+0.091%$1.1M$3.3M10xas long as short
Phoenix CBRS+0.0038%1h209.13−0.048%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.43+0.096%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.48+0.119%$340K$741K10xas long as short
Gate CBRS_USDT+0.0065%8h209.50+0.129%$2.9M$3.0M50xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.43+0.096%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.30+0.033%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.45+0.105%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.49+0.126%$24310xas long as short
Bybit CBRSUSDTshort+0.0116%8h209.59+0.172%$2.1M$1.9M25x
Variational Omni CBRS+0.0316%8h209.46+0.108%$423K$124Kas long as short
Extended CBRS_24_5-USD+0.0344%1h209.43+0.098%$44K$271K10xas long as short
Binance CBRSUSDT+0.0345%8h209.54+0.150%$10.3M$29.5M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0514%1h209.47+0.115%$12K$5K10xas long as short