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+0.0379%/8h= +41.5% APRnext payment +$3.79 per $10,000 · paid last 24h +0.032%
Price spread now: Gate against SunX−0.058%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1781.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 4 days (all we have)−0.045%−$4 · spread now −0.058%, 7d avg −0.100%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.042% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.100%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.79 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT206.220get 0.0000% / 8h1h 24m$2K$2.8M10x
ShortGate CBRS_USDT206.100.0379get 0.0379% / 8h1h 24m$2.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$79.59
Price spread: −0.058% → −0.100%
$4.18
Slippage, 4 orders
−$155.21
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$94.43
Costs to cover
1.782%
Break-even
15.3 days
Slippage from SunX: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago29.60 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago4.85 bp21.8 bp −$2263.3 bp −$633240.6 bp −$24.1Kdoesn'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
Bitget CBRSUSDT−0.0652%8h205.98−0.116%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0205%1h205.73−0.238%$42.1M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.04−0.087%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.10−0.058%$2.2M$3.4M25xas long as short
SunX CBRS-USDTlong0.0000%8h206.22long leg$2K$2.8M10x
HTX CBRS-USDT0.0000%8h205.79−0.209%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h205.51−0.344%$108K10xas long as short
Lighter CBRS+0.0032%1h205.81−0.199%$91K$896K10xas long as short
Phoenix CBRS+0.0039%1h205.44−0.378%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.67−0.267%$50K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h205.79−0.209%$335K$717K10xas long as short
QFEX CBRS-USD+0.0080%1h205.85−0.179%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0082%8h205.90−0.156%$401K$101Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.85−0.179%$113K$109K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.50−0.349%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.91−0.150%$814$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.97−0.121%$23910xas long as short
Binance CBRSUSDT+0.0140%8h205.93−0.139%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h205.88−0.167%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0163%8h205.97−0.121%$147K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0210%8h205.76−0.222%$514$216K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0236%1h205.92−0.145%$12K$5K10xas long as short
Bybit CBRSUSDT+0.0341%8h205.89−0.160%$2.1M$2.0M25xas long as short
Gate CBRS_USDTshort+0.0379%8h206.10−0.058%$2.9M$3.0M50x
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.964%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0645%4h205.70−0.250%$23K$220K10xas long as short