Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0572%/8h= +62.7% APRpaid last 24h +0.101%

Price spread now: Deribit against SunX−0.366%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 Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.366% cheaper against SunX than usual: you would sell low and buy high (spread −0.366% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$37 on $10k: about 2.1 days of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CBRS-USDT	207.62	0	get 0.0000% / 8h	3h 18m	$1K	$2.9M	10x
Short	Deribit CBRS_USDC-PERPETUAL	206.86	0.0572	get 0.0072% / 1h	18m 14s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.366%Rate

Funding earned: $120.22
Price spread: −0.366% → 0.000%: −$36.61
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $68.62
Costs to cover: 0.150%
Break-even: 3.0 days

Slippage unknown: SunX: live order book, 9 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 9 min ago	29.53 bp	47.7 bp −$48	doesn't fit	doesn't fit	doesn'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 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
tradeXYZ xyz:CBRS	−0.0344%	1h	206.50	−0.539%	$42.2M	$3.7M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.88	−0.358%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	206.83	−0.381%	$2.2M	$3.4M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	206.90	−0.347%	$2.4M	$2.4M	20x	as long as short
SunX CBRS-USDTlong	0.0000%	8h	207.62	long leg	$1K	$2.9M	10x
HTX CBRS-USDT	0.0000%	8h	207.52	−0.048%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0018%	1h	206.89	−0.352%	—	$98K	10x	as long as short
Lighter CBRS	+0.0032%	1h	206.72	−0.433%	$89K	$862K	10x	as long as short
Phoenix CBRS	+0.0038%	1h	206.99	−0.303%	$1K	$108K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0050%	8h	207.41	−0.101%	$257	$212K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USD	+0.0050%	1h	206.81	−0.390%	$51K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	206.85	−0.371%	$336K	$717K	10x	as long as short
QFEX CBRS-USD	+0.0063%	1h	207.08	−0.260%	$1.1M	$3.1M	10x	as long as short
Variational Omni CBRS	+0.0064%	8h	207.41	−0.102%	$418K	$83K	—	as long as short
edgeX CBRSUSDC	+0.0095%	4h	207.40	−0.108%	$23K	$221K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	207.15	−0.226%	$114K	$113K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	207.59	−0.014%	$24K	$140K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.78	−0.405%	$818	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	206.77	−0.408%	$240	—	10x	as long as short
Binance CBRSUSDT	+0.0124%	8h	206.82	−0.384%	$10.1M	$29.7M	25x	as long as short
Extended CBRS_24_5-USD	+0.0128%	1h	206.75	−0.417%	$48K	$258K	10x	as long as short
BloFin CBRS-USDT	+0.0149%	8h	207.11	−0.246%	$147K	$69K	20x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0288%	1h	210.27	+1.276%	$115K	$116K	10x	as long as short
Bybit CBRSUSDT	+0.0341%	8h	206.85	−0.371%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0343%	8h	207.10	−0.250%	$2.8M	$2.9M	50x	as long as short
Deribit CBRS_USDC-PERPETUALshort	+0.0572%	1h	206.86	−0.366%	$12K	$5K	10x