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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h +0.134%
Price spread now: Deribit against tradeXYZ+0.043%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.043% dearer against tradeXYZ than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.720.0050pay 0.0006% / 1h36m 14s$42.9M$3.5M10x
ShortDeribit CBRS_USDC-PERPETUAL209.810.0084get 0.0010% / 1h36m 14s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$7.09
Price spread: +0.043% → 0.000%
$4.29
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$13.62
Costs to cover
0.250%
Break-even
20.4 days
Slippage unknown: tradeXYZ: live order book, 3 min ago; Deribit: no order-book sample. Net counts fees only.

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 ago1.19 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0285%4h209.92+0.098%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.88+0.076%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.03+0.148%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.93+0.100%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.96+0.115%$388$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.16+0.210%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.01+0.138%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.59−0.062%$94K10xas long as short
Lighter CBRS+0.0032%1h209.75+0.014%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82+0.048%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRSlong+0.0050%1h209.72long leg$42.9M$3.5M10x
Polymarket Perps CBRS-USD+0.0050%1h209.82+0.048%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.98+0.124%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88+0.076%$1.1M$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.0084%1h209.81+0.043%$12K$5K10x
KuCoin CBRSUSDTM+0.0100%8h209.82+0.048%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.94+0.105%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.87+0.072%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.90+0.085%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.262%$115K$116K10xas long as short
Variational Omni CBRS+0.0167%8h209.96+0.113%$424K$101Kas long as short
BloFin CBRS-USDT+0.0191%8h209.99+0.129%$148K$69K20xas long as short
Binance CBRSUSDT+0.0205%8h209.92+0.098%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.86+0.065%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0311%8h210.05+0.157%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0333%8h210.10+0.181%$2.9M$2.9M50xas long as short