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+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.032%
Price spread now: Gate against Bybit+0.082%7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1131.128% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.020%+$2 on $10k
Price spread, last 7 days−0.068%−$7 · spread now +0.082%, 7d avg +0.031%
Together, before fees−0.048%−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.051% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT206.330.0324pay 0.0324% / 8h1h 17m$2.1M$2.0M25x
ShortGate CBRS_USDT206.500.0385get 0.0385% / 8h1h 17m$2.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$12.84
Price spread: +0.082% → +0.031%
$5.1
Slippage, 4 orders
−$86.81
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$94.87
Costs to cover
1.128%
Break-even
58.7 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 6 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 Bybit live order book, 4 min ago1.94 bp16.6 bp −$17134.4 bp −$1,344doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago2.42 bp30.1 bp −$3076.0 bp −$760253.5 bp −$25.3Kdoesn'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 CBRSUSDT−0.0609%8h206.44+0.053%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0179%1h206.16−0.082%$42.2M$4.1M10xas long as short
Aster CBRSUSDT0.0000%8h206.31−0.012%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.45+0.058%$2.2M$3.4M25xas long as short
SunX CBRS-USDT0.0000%8h206.64+0.150%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.29−0.019%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h206.09−0.116%$108K10xas long as short
Lighter CBRS+0.0032%1h206.09−0.116%$91K$898K10xas long as short
Phoenix CBRS+0.0039%1h205.86−0.228%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.17−0.078%$51K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h206.31−0.010%$336K$719K10xas long as short
edgeX CBRSUSDC+0.0073%4h206.16−0.083%$23K$221K10xas long as short
QFEX CBRS-USD+0.0080%1h206.30−0.015%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0095%8h206.14−0.093%$401K$100Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.23−0.048%$114K$108K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.12−0.102%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.26−0.034%$816$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.25−0.038%$23910xas long as short
Binance CBRSUSDT+0.0142%8h206.39+0.031%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.330.000%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0176%8h206.23−0.048%$147K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0217%8h206.18−0.072%$449$217K10xas long as short
Bybit CBRSUSDTlong+0.0324%8h206.33long leg$2.1M$2.0M25x
Gate CBRS_USDTshort+0.0385%8h206.50+0.082%$2.9M$3.0M50x
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.910%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0963%1h206.31−0.010%$12K$5K10xas long as short