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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0499%/8h= +54.6% APRpaid last 24h −0.031%
Price spread now: tradeXYZ against Bitget−0.208%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$730.725% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 7 days+0.066%+$7 · spread now −0.208%, 7d avg −0.143%
Together, before fees−0.200%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.065% cheaper against Bitget than usual: you would sell low and buy high (spread −0.208% now, against its 7-day average of −0.143%). If the spread goes back, that is −$6 on $10k: about 10 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.266%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% 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 CBRSUSDT206.89−0.0610get 0.0610% / 8h2h 08m$2.4M$2.4M20x
ShorttradeXYZ xyz:CBRS206.46−0.0111pay 0.0014% / 1h8m 21s$42.2M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$104.72
Price spread: −0.208% → −0.143%
−$6.47
Slippage, 4 orders
−$42.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$25.74
Costs to cover
0.725%
Break-even
5.3 days
Slippage from Bitget: live order book, 4 min ago; tradeXYZ: live order book, 11 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, 4 min ago2.66 bp17.4 bp −$1720.8 bp −$20874.0 bp −$7,400doesn't fit
Sell tradeXYZ live order book, 11 min ago0.73 bp11.6 bp −$12doesn'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
Bitget CBRSUSDTlong−0.0610%8h206.89long leg$2.4M$2.4M20x
edgeX CBRSUSDC−0.0495%4h206.88−0.006%$23K$220K10xas long as short
tradeXYZ xyz:CBRSshort−0.0111%1h206.46−0.208%$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h207.06+0.081%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.95+0.029%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h206.62−0.131%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h207.26+0.179%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.83−0.029%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.55−0.164%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.84−0.024%$1.1M$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h206.63−0.126%$90K$887K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.57−0.155%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0092%8h206.91+0.011%$417K$96Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.61−0.135%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.59−0.145%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.80−0.044%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.82−0.033%$24010xas long as short
BloFin CBRS-USDT+0.0145%8h207.00+0.053%$145K$71K20xas long as short
Binance CBRSUSDT+0.0156%8h206.89+0.001%$10.1M$30.4M25xas long as short
Extended CBRS_24_5-USD+0.0160%1h206.82−0.032%$44K$389K10xas long as short
GRVT CBRS_USDT_Perp+0.0195%8h206.90+0.006%$557$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0207%1h206.81−0.039%$336K$719K10xas long as short
Bybit CBRSUSDT+0.0332%8h207.02+0.063%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0355%8h207.10+0.102%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+1.634%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0960%1h206.890.000%$12K$5K10xas long as short