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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h +0.101%
Price spread now: Deribit against Bybit−0.062%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.062% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT210.240.0274pay 0.0274% / 8h5h 02m$2.1M$1.9M25x
ShortDeribit CBRS_USDC-PERPETUAL210.110.0179get 0.0022% / 1h2m 10s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Bybit. 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
−$20.09
Price spread: −0.062% → 0.000%
−$6.18
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$44.27
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 5 min ago1.66 bp15.1 bp −$15103.4 bp −$1,034doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27+0.014%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.12−0.056%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.240.000%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.11−0.062%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.95−0.138%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.29+0.024%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.21−0.014%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.257%$94K10xas long as short
GRVT CBRS_USDT_Perp+0.0023%8h210.23−0.005%$511$205K10xas long as short
Lighter CBRS+0.0032%1h210.00−0.114%$90K$833K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.88−0.171%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.06−0.086%$54K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.06−0.086%$1.1M$3.2M10xas long as short
Ondo Perps CBRS-USD.P+0.0080%1h210.12−0.057%$341K$734K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.03−0.100%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.98−0.124%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.12−0.057%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17−0.034%$24410xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.0179%1h210.11−0.062%$12K$5K10x
Variational Omni CBRS+0.0227%8h210.15−0.041%$425K$107Kas long as short
Extended CBRS_24_5-USD+0.0264%1h210.08−0.078%$45K$262K10xas long as short
Binance CBRSUSDT+0.0267%8h210.10−0.069%$10.3M$29.4M25xas long as short
Bybit CBRSUSDTlong+0.0274%8h210.24long leg$2.1M$1.9M25x
Gate CBRS_USDT+0.0284%8h210.30+0.029%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0284%8h210.07−0.081%$105K$69K20xas long as short
edgeX CBRSUSDC+0.0749%4h210.23−0.005%$24K$220K10xas long as short