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+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.076%
Price spread now: Binance against SunX−0.128%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$150as in the Price arb table
costs, in and out, $10k−$1481.479% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.128%, 7d avg −0.106%
Together, before fees+0.259%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.106%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT210.160get 0.0000% / 8h4h 13m$986$3.0M10x
ShortBinance CBRSUSDT209.890.0157get 0.0157% / 8h4h 13m$10.3M$29.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$33
Price spread: −0.128% → −0.106%
−$2.25
Slippage, 4 orders
−$129.93
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$117.18
Costs to cover
1.479%
Break-even
31.9 days
Slippage from SunX: live order book, 4 min ago; Binance: live order book, 13 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 SunX live order book, 4 min ago29.50 bp47.7 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 13 min ago1.67 bp10.5 bp −$1129.7 bp −$297110.0 bp −$11.0Kdoesn'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−0.0056%4h209.82−0.160%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h209.78−0.179%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.99−0.081%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.93−0.109%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.85−0.148%$823$207K10xas long as short
SunX CBRS-USDTlong0.0000%8h210.16long leg$986$3.0M10x
HTX CBRS-USDT0.0000%8h210.00−0.076%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.57−0.281%$94K10xas long as short
Lighter CBRS+0.0032%1h209.70−0.219%$90K$849K10xas long as short
Phoenix CBRS+0.0038%1h209.62−0.257%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.66−0.238%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.80−0.171%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.83−0.157%$340K$722K10xas long as short
QFEX CBRS-USD+0.0080%1h209.85−0.148%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0097%8h209.84−0.151%$423K$96Kas long as short
KuCoin CBRSUSDTM+0.0100%8h209.86−0.143%$115K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.66−0.238%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.89−0.128%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.92−0.114%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.052%$115K$116K10xas long as short
Binance CBRSUSDTshort+0.0157%8h209.89−0.128%$10.3M$29.4M25x
Extended CBRS_24_5-USD+0.0160%1h209.82−0.161%$45K$261K10xas long as short
BloFin CBRS-USDT+0.0177%8h209.95−0.100%$148K$70K20xas long as short
Bybit CBRSUSDT+0.0336%8h209.91−0.119%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0358%8h210.00−0.076%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0799%1h209.87−0.138%$12K$5K10xas long as short