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−0.0275%/8h= −30.1% APRnext payment $2.75 per $10,000 · paid last 24h +0.029%
Price spread now: Orderly against Bybit−0.057%50s7-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 5 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 −$8 a day on $10k at the current rate, and Orderly is 0.057% 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. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT208.880.0375pay 0.0375% / 8h3h 43m$2.1M$2.0M25x
ShortOrderly PERP_CBRS_USDC_mythos208.760.0100get 0.0100% / 8h3h 43m$826$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$57.65
Price spread: −0.057% → 0.000%
−$5.74
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$80.4
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Orderly: 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, 3 min ago3.11 bp16.6 bp −$17104.6 bp −$1,046doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
tradeXYZ xyz:CBRS−0.0354%1h208.54−0.163%$42.7M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.73−0.072%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.85−0.014%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.76−0.057%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h209.04+0.077%$769$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h208.83−0.024%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.44−0.211%$94K10xas long as short
Lighter CBRS+0.0032%1h208.65−0.110%$90K$840K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0038%1h208.74−0.067%$12K$5K10xas long as short
Phoenix CBRS+0.0038%1h209.06+0.086%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h208.58−0.144%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h208.76−0.057%$1.1M$3.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0067%8h208.78−0.048%$257$209K10xas long as short
Ondo Perps CBRS-USD.P+0.0088%1h208.91+0.014%$339K$719K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.75−0.062%$114K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.79−0.043%$24K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythosshort+0.0100%8h208.76−0.057%$826$1K10x
Aevo CBRS-PERP+0.0104%1h208.80−0.040%$24210xas long as short
Variational Omni CBRS+0.0107%8h208.90+0.009%$421K$89Kas long as short
Binance CBRSUSDT+0.0166%8h208.78−0.048%$10.1M$29.5M25xas long as short
Extended CBRS_24_5-USD+0.0168%1h208.74−0.067%$49K$263K10xas long as short
BloFin CBRS-USDT+0.0180%8h208.95+0.034%$148K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.665%$115K$116K10xas long as short
Bybit CBRSUSDTlong+0.0375%8h208.88long leg$2.1M$2.0M25x
Gate CBRS_USDT+0.0396%8h209.00+0.057%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0746%4h208.95+0.033%$24K$221K10xas long as short