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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.0% APRnext payment +$0.28 per $10,000 · paid last 24h −0.003%
Price spread now: Binance against BloFin+0.010%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$480.480% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.010%, 7d avg −0.011%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.020% dearer against BloFin than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CBRS-USDT208.760.0138pay 0.0138% / 8h3h 42m$148K$69K20x
ShortBinance CBRSUSDT208.780.0166get 0.0166% / 8h3h 42m$10.1M$29.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BloFin. 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
$5.84
Price spread: +0.010% → −0.011%
$2.03
Slippage, 4 orders
−$26.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$40.14
Costs to cover
0.480%
Break-even
55.1 days
Slippage from BloFin: live order book, 47 min ago; Binance: live order book, 14 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 BloFin live order book, 47 min ago1.19 bp12.2 bp −$1220.1 bp −$201doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.43 bp11.4 bp −$1131.0 bp −$310123.9 bp −$12.4Kdoesn'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
tradeXYZ xyz:CBRS−0.0368%1h208.52−0.115%$42.7M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.71−0.026%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.86+0.048%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.760.000%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h209.01+0.120%$769$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.73−0.014%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h208.83+0.034%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.44−0.153%$94K10xas long as short
Lighter CBRS+0.0032%1h208.65−0.053%$90K$840K10xas long as short
Phoenix CBRS+0.0038%1h208.63−0.062%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h208.58−0.086%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h208.760.000%$1.1M$3.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0067%8h208.78+0.010%$257$209K10xas long as short
Ondo Perps CBRS-USD.P+0.0072%1h208.91+0.072%$339K$719K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.75−0.005%$114K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.79+0.014%$24K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.760.000%$826$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.78+0.009%$24210xas long as short
Variational Omni CBRS+0.0107%8h208.90+0.066%$421K$89Kas long as short
BloFin CBRS-USDTlong+0.0138%8h208.76long leg$148K$69K20x
Binance CBRSUSDTshort+0.0166%8h208.78+0.010%$10.1M$29.5M25x
Extended CBRS_24_5-USD+0.0168%1h208.67−0.042%$49K$263K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.723%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0373%8h208.90+0.067%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0398%8h208.90+0.067%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0746%4h208.95+0.091%$24K$221K10xas long as short