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+0.0169%/8h= +18.5% APRnext payment +$1.69 per $10,000 · paid last 24h −0.079%
Price spread now: Bybit against BloFin+0.145%52s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$590.590% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.145%, 7d avg −0.016%
Together, before fees−0.241%−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Bybit is 0.161% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CBRS-USDT206.550.0164pay 0.0164% / 8h3h 06m$147K$69K20x
ShortBybit CBRSUSDT206.850.0333get 0.0333% / 8h3h 06m$2.1M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$35.48
Price spread: +0.145% → −0.016%
$16.11
Slippage, 4 orders
−$36.01
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$7.41
Costs to cover
0.590%
Break-even
8.5 days
Slippage from BloFin: live order book, 13 min ago; Bybit: live order book, just now.

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, 13 min ago0.24 bp10.4 bp −$1026.1 bp −$261doesn't fitdoesn't fit
Sell Bybit live order book, just now3.38 bp19.0 bp −$19126.9 bp −$1,269doesn'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−0.0500%4h206.59+0.019%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0347%1h206.76+0.102%$42.3M$3.8M10xas long as short
Bitget CBRSUSDT−0.0172%8h206.99+0.213%$2.4M$2.4M20xas long as short
Aster CBRSUSDT0.0000%8h206.77+0.105%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.05+0.242%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h207.27+0.349%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.67+0.058%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h206.58+0.015%$103K10xas long as short
Lighter CBRS+0.0032%1h206.84+0.140%$89K$870K10xas long as short
Phoenix CBRS+0.0038%1h206.37−0.087%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.73+0.087%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0052%1h206.73+0.087%$336K$713K10xas long as short
QFEX CBRS-USD+0.0063%1h206.68+0.063%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0065%8h206.56+0.006%$417K$81Kas long as short
GRVT CBRS_USDT_Perp+0.0090%8h206.59+0.019%$1K$211K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.67+0.058%$115K$112K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.67+0.058%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.84+0.140%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.88+0.158%$24010xas long as short
Binance CBRSUSDT+0.0132%8h206.89+0.165%$10.1M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h206.86+0.150%$44K$317K10xas long as short
BloFin CBRS-USDTlong+0.0164%8h206.55long leg$147K$69K20x
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.801%$115K$116K10xas long as short
Bybit CBRSUSDTshort+0.0333%8h206.85+0.145%$2.1M$2.0M25x
Gate CBRS_USDT+0.0338%8h207.10+0.266%$2.8M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1008%1h206.89+0.165%$12K$5K10xas long as short