Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0109%/8h= −11.9% APRpaid last 24h −0.044%
Price spread now: tradeXYZ against SunX−0.253%7-day average −0.211% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1551.546% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$22 on $10k
Price spread, last 3 days (all we have)+0.074%+$7 · spread now −0.253%, 7d avg −0.211%
Together, before fees−0.141%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.042% cheaper against SunX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.211%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT209.760get 0.0000% / 8h6h 13m$1K$3.0M10x
ShorttradeXYZ xyz:CBRS209.23−0.0109pay 0.0014% / 1h13m 11s$42.9M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$22.84
Price spread: −0.253% → −0.211%
−$4.2
Slippage, 4 orders
−$128.56
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$181.59
Costs to cover
1.546%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; tradeXYZ: live order book, 6 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 ago30.73 bp48.9 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.96 bp13.1 bp −$13doesn'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
tradeXYZ xyz:CBRSshort−0.0109%1h209.23−0.253%$42.9M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.629%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.48−0.136%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.54−0.105%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.41−0.167%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.48−0.133%$796$206K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.76long leg$1K$3.0M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.47−0.138%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.59−0.081%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.10−0.315%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.37−0.186%$90K$850K10xas long as short
QFEX CBRS-USD+0.0038%1h209.40−0.172%$1.1M$3.3M10xas long as short
Phoenix CBRS+0.0038%1h209.35−0.195%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.36−0.191%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.42−0.162%$340K$740K10xas long as short
Gate CBRS_USDT+0.0066%8h209.60−0.076%$2.9M$3.0M50xas long as short
Bybit CBRSUSDT+0.0085%8h209.49−0.129%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.36−0.191%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.37−0.186%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.44−0.153%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.46−0.145%$24310xas long as short
Variational Omni CBRS+0.0316%8h209.46−0.145%$423K$124Kas long as short
Extended CBRS_24_5-USD+0.0336%1h209.42−0.161%$44K$271K10xas long as short
Binance CBRSUSDT+0.0337%8h209.49−0.129%$10.3M$29.5M25xas long as short
edgeX CBRSUSDC+0.0895%4h209.45−0.148%$24K$221K10xas long as short