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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h +0.065%
Price spread now: KuCoin against tradeXYZ+0.122%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$367as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4104.100% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.432%+$43 on $10k
Price spread, last 4 days (all we have)+0.315%+$31 · spread now +0.122%, 7d avg +0.087%
Together, before fees+0.747%+ Points / potential airdroptradeXYZ: Active · farm board+$75 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.035% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.087%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS205.000.0024pay 0.0003% / 1h19m 39s$42.0M$4.0M10x
ShortKuCoin CBRSUSDTM205.250.0100get 0.0100% / 8h7h 19m$112K$163K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$15.87
Price spread: +0.122% → +0.087%
$3.49
Slippage, 4 orders
−$380.04
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$390.67
Costs to cover
4.100%
Break-even
179.3 days
Slippage from tradeXYZ: live order book, 10 min ago; KuCoin: live order book, 64 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 ago0.25 bp12.8 bp −$1318.1 bp −$181doesn't fitdoesn't fit
Sell KuCoin live order book, 64 min ago10.44 bp169.6 bp −$170doesn'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
edgeX CBRSUSDC−0.0676%4h205.20+0.098%$23K$221K10xas long as short
GRVT CBRS_USDT_Perp−0.0339%8h205.19+0.093%$224$217K10xas long as short
Bitget CBRSUSDT−0.0250%8h205.24+0.117%$2.4M$2.6M20xas long as short
Lighter CBRS−0.0064%1h205.42+0.205%$92K$1.1M10xas long as short
Phoenix CBRS−0.0039%1h203.48−0.741%$1K$108K10xas long as short
Ondo Perps CBRS-USD.P−0.0010%1h205.21+0.102%$332K$716K10xas long as short
BloFin CBRS-USDT−0.0006%8h205.13+0.063%$148K$71K20xas long as short
Aster CBRSUSDT0.0000%8h205.35+0.170%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.30+0.147%$46K$383K10xas long as short
Binance CBRSUSDT0.0000%8h205.36+0.178%$10.1M$31.8M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CBRSUSDT0.0000%8h205.32+0.156%$2.1M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.36+0.176%$2.2M$3.5M25xas long as short
Gate CBRS_USDT0.0000%8h205.40+0.195%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h205.30+0.146%$394K$101Kas long as short
SunX CBRS-USDT0.0000%8h205.58+0.283%$1K$2.7M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h204.85−0.073%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h204.42−0.283%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h204.97−0.015%$106K10xas long as short
QFEX CBRS-USD+0.0017%1h205.21+0.102%$1.1M$3.1M10xas long as short
tradeXYZ xyz:CBRSlong+0.0024%1h205.00long leg$42.0M$4.0M10x
Polymarket Perps CBRS-USD+0.0050%1h205.51+0.249%$50K$471K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.22+0.107%$812$2K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h205.25+0.122%$112K$163K20x
ApeX Omni CBRSUSDT+0.0100%1h205.34+0.166%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.14+0.067%$23810xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.571%$115K$108K10xas long as short