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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1229%/8h= +134.6% APRnext payment +$1.54 per $10,000 · paid last 24h +0.093%
Price spread now: Deribit against QFEX+0.105%7-day average · you sell dearer than you buy
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 4 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 for this trade now. Funding pays +$37 a day on $10k at the current rate, and Deribit is 0.105% dearer against QFEX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD209.220.0051pay 0.0006% / 1h51m 57s$1.1M$3.3M10x
ShortDeribit CBRS_USDC-PERPETUAL209.440.1280get 0.0160% / 1h51m 57s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against QFEX. 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
$258.04
Price spread: +0.105% → 0.000%
$10.52
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$251.56
Costs to cover
0.170%
Break-even
0.2 days
Slippage unknown: QFEX: live order book, 11 min ago; Deribit: 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 QFEX live order book, 11 min ago1.67 bp7.8 bp −$817.3 bp −$173doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: 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 25 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−0.0242%4h209.25+0.014%$24K$219K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.373%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.33+0.053%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.45+0.110%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.27+0.024%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.18−0.017%$523$205K10xas long as short
Phoenix CBRS0.0000%1h209.05−0.081%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.51+0.139%$957$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.34+0.057%$9K$9K20xas long as short
tradeXYZ xyz:CBRS+0.0003%1h208.99−0.110%$42.8M$3.5M10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.82−0.191%$94K10xas long as short
Lighter CBRS+0.0032%1h209.21−0.005%$90K$826K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.13−0.043%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.20−0.010%$339K$736K10xas long as short
QFEX CBRS-USDlong+0.0051%1h209.22long leg$1.1M$3.3M10x
Bybit CBRSUSDT+0.0071%8h209.40+0.086%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.25+0.014%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.11−0.053%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.26+0.019%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.33+0.052%$24310xas long as short
Gate CBRS_USDT+0.0107%8h209.50+0.134%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0265%8h209.23+0.005%$423K$119Kas long as short
Extended CBRS_24_5-USD+0.0288%1h209.25+0.017%$46K$268K10xas long as short
Binance CBRSUSDT+0.0292%8h209.31+0.043%$10.3M$29.4M25xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.1280%1h209.44+0.105%$12K$5K10x