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+0.0520%/8h= +56.9% APRpaid last 24h +0.037%
Price spread now: Extended against Bitget−0.015%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now −0.015%, 7d avg −0.036%
Together, before fees−0.041%+ Points / potential airdropExtended: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Extended is 0.021% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.036%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT210.100get 0.0000% / 8h7h 50m$2.4M$2.8M20x
ShortExtended CBRS_24_5-USD210.070.0520get 0.0065% / 1h50m 57s$44K$251K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bitget. 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
$109.2
Price spread: −0.015% → −0.036%
$2.07
Slippage, 4 orders
−$51.39
Fee Bitget: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$42.88
Costs to cover
0.684%
Break-even
4.3 days
Slippage from Bitget: live order book, 2 min ago; Extended: live order book, 21 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 Bitget live order book, 2 min ago2.62 bp18.4 bp −$1825.1 bp −$25163.8 bp −$6,381doesn't fit
Sell Extended live order book, 21 min ago2.87 bp16.4 bp −$16198.5 bp −$1,985doesn'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−0.0681%4h209.88−0.105%$24K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0009%1h209.93−0.081%$43.0M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h210.00−0.049%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.100.000%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.19+0.043%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.100.000%$2.9M$3.0M50xas long as short
Bitget CBRSUSDTlong0.0000%8h210.10long leg$2.4M$2.8M20x
GRVT CBRS_USDT_Perp0.0000%8h209.91−0.089%$359$218K10xas long as short
SunX CBRS-USDT0.0000%8h210.39+0.138%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.94−0.076%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.790%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0028%1h209.62−0.228%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h210.07−0.014%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h209.99−0.052%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.78−0.152%$1K$111K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.02−0.038%$54K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.90−0.095%$347K$918K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.91−0.090%$143K$90K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.93−0.081%$25K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.02−0.038%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.97−0.061%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.100.000%$12K$5K10xas long as short
Variational Omni CBRS+0.0486%8h210.13+0.013%$425K$321Kas long as short
BloFin CBRS-USDT+0.0497%8h210.05−0.024%$146K$71K20xas long as short
Binance CBRSUSDT+0.0517%8h210.14+0.019%$10.3M$29.8M25xas long as short
Extended CBRS_24_5-USDshort+0.0520%1h210.07−0.015%$44K$251K10x