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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.053%
Price spread now: Phoenix against Gate−0.067%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1721.716% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.158%−$16 on $10k
Price spread, last 3 days (all we have)+0.147%+$15 · spread now −0.067%, 7d avg −0.054%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT209.500get 0.0000% / 8h44m 42s$2.9M$3.0M50x
ShortPhoenix CBRS209.360get 0.0000% / 1h44m 42s$1K$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Gate. 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
$0
Price spread: −0.067% → −0.054%
−$1.24
Slippage, 4 orders
−$149.63
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
−$172.87
Costs to cover
1.716%
Break-even
never at this rate
Slippage from Gate: live order book, 3 min ago; Phoenix: live order book, 25 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 Gate live order book, 3 min ago4.77 bp26.8 bp −$2740.9 bp −$40953.9 bp −$5,386doesn't fit
Sell Phoenix live order book, 25 min ago15.30 bp63.2 bp −$63212.7 bp −$2,127doesn'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
Aster CBRSUSDT0.0000%8h209.19−0.149%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.40−0.048%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.41−0.043%$2.2M$3.6M25xas long as short
Gate CBRS_USDTlong0.0000%8h209.50long leg$2.9M$3.0M50x
Bitget CBRSUSDT0.0000%8h209.31−0.091%$2.4M$2.8M20xas long as short
Phoenix CBRSshort0.0000%1h209.36−0.067%$1K$111K10x
SunX CBRS-USDT0.0000%8h209.63+0.062%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.47−0.014%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.506%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0016%1h208.95−0.263%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0021%1h209.33−0.081%$1.1M$3.4M10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.13−0.177%$42.8M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.24−0.124%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.37−0.062%$347K$913K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.40−0.048%$12K$4K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.13−0.177%$143K$93K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.08−0.200%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.36−0.067%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.43−0.035%$24310xas long as short
Lighter CBRS+0.0216%1h209.44−0.029%$93K$861K10xas long as short
edgeX CBRSUSDC+0.0318%4h209.37−0.063%$24K$221K10xas long as short
Variational Omni CBRS+0.0405%8h209.37−0.063%$423K$321Kas long as short
Extended CBRS_24_5-USD+0.0440%1h209.30−0.094%$43K$246K10xas long as short
Binance CBRSUSDT+0.0445%8h209.26−0.116%$10.3M$30.0M25xas long as short
BloFin CBRS-USDT+0.0464%8h209.39−0.053%$146K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0548%8h209.42−0.038%$477$227K10xas long as short