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 +0.029%
Price spread now: Orderly against SunX−0.193%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Orderly is 0.193% cheaper against SunX than usual: you would sell low and buy high (spread −0.193% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 6.4 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT207.240get 0.0000% / 8h2h 11m$1K$2.9M10x
ShortOrderly PERP_CBRS_USDC_mythos206.840.0100get 0.0100% / 8h2h 11m$818$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: −0.193% → 0.000%
−$19.3
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.3
Costs to cover
0.140%
Break-even
11.1 days
Slippage unknown: SunX: live order book, 7 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 7 min ago29.79 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CBRSUSDT−0.0652%8h206.94−0.145%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0130%1h206.62−0.299%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.95−0.138%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.99−0.121%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.97−0.613%$1K$108K10xas long as short
SunX CBRS-USDTlong0.0000%8h207.24long leg$1K$2.9M10x
HTX CBRS-USDT0.0000%8h206.77−0.227%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.26−0.473%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.83−0.198%$1.1M$3.1M10xas long as short
Lighter CBRS+0.0032%1h206.57−0.323%$90K$887K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.67−0.275%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0077%8h205.97−0.612%$401K$82Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.62−0.299%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.17−0.516%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythosshort+0.0100%8h206.84−0.193%$818$1K10x
Aevo CBRS-PERP+0.0104%1h206.85−0.188%$24010xas long as short
BloFin CBRS-USDT+0.0115%8h206.98−0.125%$147K$70K20xas long as short
Binance CBRSUSDT+0.0143%8h206.92−0.154%$10.1M$30.4M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.86−0.183%$44K$389K10xas long as short
GRVT CBRS_USDT_Perp+0.0171%8h206.01−0.594%$554$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0186%1h206.92−0.154%$336K$719K10xas long as short
Bybit CBRSUSDT+0.0320%8h207.00−0.116%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0346%8h207.00−0.116%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+1.462%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0899%4h206.49−0.362%$23K$220K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1784%1h206.89−0.169%$12K$5K10xas long as short