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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0038%/8h= +4.1% APRpaid last 24h −0.025%
Price spread now: QFEX against Gate−0.096%7-day average −0.063% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.044%−$4 on $10k
Price spread, last 7 days+0.076%+$8 · spread now −0.096%, 7d avg −0.063%
Together, before fees+0.032%+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.063%). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT209.200get 0.0000% / 8h6h 39m$2.9M$3.0M50x
ShortQFEX CBRS-USD209.000.0038get 0.0005% / 1h39m 29s$1.1M$3.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$7.91
Price spread: −0.096% → −0.063%
−$3.3
Slippage, 4 orders
−$29.14
Fee Gate: 7.5 bp × 2 orders
−$15
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$49.53
Costs to cover
0.541%
Break-even
50.8 days
Slippage from Gate: live order book, 3 min ago; QFEX: live order book, 4 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 ago4.78 bp20.9 bp −$2136.6 bp −$36655.7 bp −$5,570doesn't fit
Sell QFEX live order book, 4 min ago1.91 bp7.9 bp −$816.1 bp −$161doesn'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−0.0753%4h209.35+0.073%$24K$219K10xas long as short
tradeXYZ xyz:CBRS−0.0340%1h208.85−0.167%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.363%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.22+0.009%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.15−0.024%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.13−0.033%$2.2M$3.6M25xas long as short
Gate CBRS_USDTlong0.0000%8h209.20long leg$2.9M$3.0M50x
Bitget CBRSUSDT0.0000%8h209.10−0.048%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.20−0.001%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.40+0.096%$1K$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.200.000%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.24+0.019%$9K$9K20xas long as short
Polymarket Perps CBRS-USD+0.0019%1h209.01−0.091%$53K$1.1M10xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.83−0.177%$97K10xas long as short
Lighter CBRS+0.0032%1h209.01−0.091%$90K$845K10xas long as short
QFEX CBRS-USDshort+0.0038%1h209.00−0.096%$1.1M$3.4M10x
Phoenix CBRS+0.0038%1h209.03−0.081%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.09−0.053%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.19−0.005%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.19−0.005%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.19−0.005%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.21+0.005%$24310xas long as short
Variational Omni CBRS+0.0347%8h209.12−0.037%$423K$235Kas long as short
Binance CBRSUSDT+0.0369%8h209.06−0.067%$10.2M$29.6M25xas long as short
Extended CBRS_24_5-USD+0.0376%1h209.04−0.074%$46K$268K10xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.081%$148K$71K20xas long as short