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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.026%
Price spread now: KuCoin against OKX−0.052%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$440as in the Price arb table
costs, in and out, $10k−$4354.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.218%+$22 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.052%, 7d avg 0.000%
Together, before fees+0.400%+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.052% cheaper against OKX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of 0.000%). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP209.910get 0.0000% / 8h4h 33m$2.2M$3.5M25x
ShortKuCoin CBRSUSDTM209.800.0100get 0.0100% / 8h4h 33m$115K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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
$21
Price spread: −0.052% → 0.000%
−$5.22
Slippage, 4 orders
−$412.93
Fee OKX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$419.15
Costs to cover
4.349%
Break-even
146.7 days
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 40 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 OKX live order book, 4 min ago0.48 bp16.8 bp −$1754.5 bp −$545doesn't fitdoesn't fit
Sell KuCoin live order book, 40 min ago9.76 bp159.3 bp −$159doesn't fitdoesn'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%8h209.85−0.027%$66K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h209.91long leg$2.2M$3.5M25x
Bitget CBRSUSDT0.0000%8h209.87−0.019%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.92+0.005%$987$206K10xas long as short
SunX CBRS-USDT0.0000%8h210.06+0.071%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.98+0.033%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0023%1h209.50−0.195%$94K10xas long as short
Lighter CBRS+0.0032%1h209.69−0.105%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.043%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.65−0.124%$42.9M$3.5M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h209.72−0.091%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.85−0.029%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.79−0.057%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.80−0.052%$115K$115K20x
ApeX Omni CBRSUSDT+0.0100%1h209.95+0.019%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.84−0.033%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.86−0.024%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.172%$115K$116K10xas long as short
Variational Omni CBRS+0.0153%8h209.91−0.001%$424K$101Kas long as short
BloFin CBRS-USDT+0.0187%8h209.92+0.005%$148K$69K20xas long as short
Binance CBRSUSDT+0.0197%8h209.88−0.013%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0200%1h209.83−0.040%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0316%8h210.01+0.048%$2.1M$1.9M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0322%1h209.85−0.029%$12K$5K10xas long as short
Gate CBRS_USDT+0.0343%8h210.10+0.091%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0484%4h209.89−0.010%$24K$220K10xas long as short