Funding arb · Price arb /

CBRS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against SunX−0.160%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.160% cheaper against SunX than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 5.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CBRS-USDT	207.55	0	get 0.0000% / 8h	2h 48m	$969	$2.9M	10x
Short	Aevo CBRS-PERP	207.22	0.0104	get 0.0013% / 1h	48m 04s	$240	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee AevobpOrdersPrice spread, now −0.160%Rate

Funding earned: $21.84
Price spread: −0.160% → 0.000%: −$16.04
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$18.2
Costs to cover: 0.240%
Break-even: 12.8 days

Slippage unknown: SunX: live order book, 10 min ago; Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 10 min ago	29.68 bp	48.4 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CBRSUSDT	−0.0305%	8h	207.25	−0.145%	$2.4M	$2.4M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0175%	1h	206.94	−0.294%	$42.3M	$3.8M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	207.05	−0.239%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	207.32	−0.111%	$2.2M	$3.5M	25x	as long as short
Phoenix CBRS	0.0000%	1h	207.07	−0.231%	$1K	$108K	10x	as long as short
SunX CBRS-USDTlong	0.0000%	8h	207.55	long leg	$969	$2.9M	10x
HTX CBRS-USDT	0.0000%	8h	207.33	−0.106%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0015%	1h	206.60	−0.458%	—	$104K	10x	as long as short
QFEX CBRS-USD	+0.0024%	1h	207.17	−0.183%	$1.1M	$3.1M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	206.99	−0.270%	$51K	$1.1M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni CBRS	+0.0082%	8h	207.33	−0.104%	$403K	$91K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	207.03	−0.251%	$116K	$112K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	207.25	−0.145%	$24K	$140K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	207.23	−0.154%	$820	$1K	10x	as long as short
Aevo CBRS-PERPshort	+0.0104%	1h	207.22	−0.160%	$240	—	10x
Extended CBRS_24_5-USD	+0.0144%	1h	207.18	−0.176%	$44K	$390K	10x	as long as short
Binance CBRSUSDT	+0.0145%	8h	207.19	−0.173%	$10.1M	$30.1M	25x	as long as short
GRVT CBRS_USDT_Perp	+0.0149%	8h	207.36	−0.089%	$1K	$213K	10x	as long as short
BloFin CBRS-USDT	+0.0162%	8h	207.21	−0.164%	$147K	$70K	20x	as long as short
Ondo Perps CBRS-USD.P	+0.0283%	1h	207.32	−0.111%	$337K	$718K	10x	as long as short
Lighter CBRS	+0.0304%	1h	207.28	−0.130%	$90K	$862K	10x	as long as short
Bybit CBRSUSDT	+0.0318%	8h	207.19	−0.173%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0363%	8h	207.40	−0.072%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0464%	1h	210.27	+1.311%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0619%	1h	207.23	−0.154%	$12K	$5K	10x	as long as short
edgeX CBRSUSDC	+0.0794%	4h	207.08	−0.228%	$23K	$220K	10x	as long as short