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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h +0.041%
Price spread now: Bitget against tradeXYZ+0.076%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.279%+$28 on $10k
Price spread, last 7 days+0.075%+$7 · spread now +0.076%, 7d avg +0.144%
Together, before fees+0.354%+ Points / potential airdroptradeXYZ: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.067% cheaper against tradeXYZ than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.144%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.279%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.280.0042pay 0.0005% / 1h25m 15s$42.9M$3.5M10x
ShortBitget CBRSUSDT209.440get 0.0000% / 8h5h 25m$2.4M$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$8.78
Price spread: +0.076% → +0.144%
−$6.74
Slippage, 4 orders
−$37.31
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$82.84
Costs to cover
0.673%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Bitget: live order book, 2 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 tradeXYZ live order book, 3 min ago1.20 bp14.9 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago1.43 bp19.6 bp −$2041.9 bp −$41989.2 bp −$8,920doesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.401%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.42+0.069%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.50+0.105%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTshort0.0000%8h209.44+0.076%$2.4M$2.7M20x
GRVT CBRS_USDT_Perp0.0000%8h209.44+0.076%$884$204K10xas long as short
Phoenix CBRS0.0000%1h209.30+0.010%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.70+0.201%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.51+0.110%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.07−0.100%$94K10xas long as short
Lighter CBRS+0.0032%1h209.30+0.010%$90K$831K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRSlong+0.0042%1h209.28long leg$42.9M$3.5M10x
Polymarket Perps CBRS-USD+0.0050%1h209.42+0.067%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.41+0.062%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.42+0.067%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.34+0.029%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.48+0.096%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.46+0.086%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.48+0.093%$24310xas long as short
Bybit CBRSUSDT+0.0131%8h209.47+0.091%$2.1M$1.9M25xas long as short
Variational Omni CBRS+0.0201%8h209.48+0.097%$423K$112Kas long as short
Gate CBRS_USDT+0.0212%8h209.60+0.153%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0228%8h209.55+0.129%$105K$69K20xas long as short
Extended CBRS_24_5-USD+0.0248%1h209.43+0.073%$44K$266K10xas long as short
Binance CBRSUSDT+0.0249%8h209.49+0.100%$10.3M$29.4M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0706%1h209.47+0.091%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0898%4h209.39+0.051%$24K$219K10xas long as short