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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0034%/8h= +3.7% APRpaid last 24h +0.078%
Price spread now: Gate against tradeXYZ+0.100%7-day average +0.170% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$640.642% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.331%+$33 on $10k
Price spread, last 7 days+0.024%+$2 · spread now +0.100%, 7d avg +0.170%
Together, before fees+0.354%+ Points / potential airdroptradeXYZ: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.069% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.100% now, against its 7-day average of +0.170%). If the spread goes back, that is −$7 on $10k: about 6.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.331% in total) that is about 35 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.790.0050pay 0.0006% / 1h0m 02s$42.9M$3.6M10x
ShortGate CBRS_USDT210.000.0084get 0.0084% / 8h7h 00m$2.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$7.14
Price spread: +0.100% → +0.170%
−$6.95
Slippage, 4 orders
−$31.15
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$63.96
Costs to cover
0.642%
Break-even
69.7 days
Slippage from tradeXYZ: live order book, 9 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 tradeXYZ live order book, 9 min ago0.95 bp12.8 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago7.14 bp21.6 bp −$2264.6 bp −$646255.8 bp −$25.6Kdoesn'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
Aster CBRSUSDT0.0000%8h209.91+0.058%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.98+0.091%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.92+0.062%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.98+0.089%$1K$211K10xas long as short
SunX CBRS-USDT0.0000%8h210.21+0.200%$967$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.06+0.129%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.644%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0029%1h209.68−0.052%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h209.88+0.043%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h209.83+0.019%$91K$869K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS+0.0038%1h209.76−0.014%$1K$111K10xas long as short
tradeXYZ xyz:CBRSlong+0.0050%1h209.79long leg$42.9M$3.6M10x
Polymarket Perps CBRS-USD+0.0050%1h209.76−0.014%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h210.08+0.138%$342K$924K10xas long as short
Gate CBRS_USDTshort+0.0084%8h210.00+0.100%$2.9M$3.0M50x
KuCoin CBRSUSDTM+0.0100%8h209.92+0.062%$114K$122K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.88+0.043%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.96+0.081%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.98+0.092%$24410xas long as short
Bybit CBRSUSDT+0.0199%8h210.04+0.119%$2.0M$1.9M25xas long as short
edgeX CBRSUSDC+0.0394%4h209.93+0.068%$24K$221K10xas long as short
Variational Omni CBRS+0.0407%8h209.93+0.068%$424K$321Kas long as short
BloFin CBRS-USDT+0.0419%8h209.97+0.086%$147K$71K20xas long as short
Binance CBRSUSDT+0.0440%8h209.92+0.062%$10.3M$29.7M25xas long as short
Extended CBRS_24_5-USD+0.0440%1h209.87+0.037%$46K$270K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0704%1h209.92+0.062%$12K$5K10xas long as short