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−0.0050%/8h= −5.5% APRpaid last 24h +0.119%
Price spread now: GRVT against tradeXYZ+0.106%106s7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.447%+$45 on $10k
Price spread, last 4 days (all we have)−0.060%−$6 · spread now +0.106%, 7d avg +0.118%
Together, before fees+0.386%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.118%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.447%, so the current rate has only just turned against you. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.740.0050pay 0.0006% / 1h37m 47s$42.9M$3.5M10x
ShortGRVT CBRS_USDT_Perp209.960get 0.0000% / 8h4h 37m$388$205K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.106% → +0.118%
−$1.26
Slippage, 4 orders
−$26.3
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$65.06
Costs to cover
0.533%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; GRVT: live order book, 19 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, 12 min ago0.95 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 19 min ago1.67 bp14.6 bp −$15doesn'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
Aster CBRSUSDT0.0000%8h209.89+0.073%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.01+0.129%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.96+0.105%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perpshort0.0000%8h209.96+0.106%$388$205K10x
SunX CBRS-USDT0.0000%8h210.14+0.191%$994$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.01+0.129%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.60−0.067%$94K10xas long as short
Lighter CBRS+0.0032%1h209.82+0.038%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82+0.038%$1K$108K10xas long as short
edgeX CBRSUSDC+0.0042%4h209.94+0.094%$24K$219K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRSlong+0.0050%1h209.74long leg$42.9M$3.5M10x
Polymarket Perps CBRS-USD+0.0050%1h209.82+0.038%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.98+0.114%$340K$724K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88+0.067%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.83+0.043%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.80+0.029%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.91+0.081%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.95+0.100%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.253%$115K$116K10xas long as short
Variational Omni CBRS+0.0167%8h209.96+0.103%$424K$101Kas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h209.91+0.081%$12K$5K10xas long as short
BloFin CBRS-USDT+0.0191%8h209.94+0.095%$148K$69K20xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.89+0.073%$45K$260K10xas long as short
Binance CBRSUSDT+0.0209%8h209.95+0.100%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0306%8h210.04+0.143%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0326%8h210.10+0.172%$2.9M$2.9M50xas long as short