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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.105%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$502as in the Funding arb table
Net, price: spread back to 7d avg − costs−$525as in the Price arb table
costs, in and out, $10k−$5275.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 3 days (all we have)+0.006%+$1 · spread now −0.105%, 7d avg −0.125%
Together, before fees+0.256%+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.020% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT209.510get 0.0000% / 8h5h 50m$957$3.0M10x
ShortKuCoin CBRSUSDTM209.290.0100get 0.0100% / 8h5h 50m$114K$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.105% → −0.125%
$2.02
Slippage, 4 orders
−$506.71
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$503.69
Costs to cover
5.267%
Break-even
174.9 days
Slippage from SunX: live order book, 7 min ago; KuCoin: live order book, 38 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, 7 min ago30.31 bp48.4 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 38 min ago13.15 bp208.9 bp −$209doesn't fitdoesn't fitdoesn't fit

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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.511%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.30−0.098%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.42−0.043%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.37−0.067%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.20−0.148%$523$205K10xas long as short
Phoenix CBRS0.0000%1h209.05−0.220%$1K$108K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.51long leg$957$3.0M10x
HTX CBRS-USDT0.0000%8h209.34−0.081%$9K$9K20xas long as short
tradeXYZ xyz:CBRS+0.0014%1h209.07−0.210%$42.8M$3.5M10xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.82−0.329%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.22−0.138%$90K$826K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.13−0.181%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.25−0.124%$339K$736K10xas long as short
QFEX CBRS-USD+0.0051%1h209.22−0.138%$1.1M$3.3M10xas long as short
Bybit CBRSUSDT+0.0075%8h209.46−0.024%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.29−0.105%$114K$118K20x
ApeX Omni CBRSUSDT+0.0100%1h209.04−0.224%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.27−0.115%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.32−0.090%$24310xas long as short
Gate CBRS_USDT+0.0106%8h209.50−0.005%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0253%8h209.22−0.139%$423K$118Kas long as short
Extended CBRS_24_5-USD+0.0288%1h209.28−0.109%$46K$268K10xas long as short
Binance CBRSUSDT+0.0292%8h209.35−0.078%$10.3M$29.4M25xas long as short
edgeX CBRSUSDC+0.0322%4h209.17−0.164%$24K$220K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0611%1h209.30−0.100%$12K$5K10xas long as short