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+0.0197%/8h= +21.5% APRpaid last 24h +0.031%
Price spread now: SunX against tradeXYZ+0.189%7-day average +0.214% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1501.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.193%+$19 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.189%, 7d avg +0.214%
Together, before fees+0.182%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.024% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.189% now, against its 7-day average of +0.214%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.193% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS205.92−0.0197get 0.0025% / 1h30m 36s$42.2M$4.0M10x
ShortSunX CBRS-USDT206.310get 0.0000% / 8h30m 36s$852$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$41.29
Price spread: +0.189% → +0.214%
−$2.44
Slippage, 4 orders
−$124.04
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
−$111.19
Costs to cover
1.500%
Break-even
25.9 days
Slippage from tradeXYZ: live order book, 9 min ago; SunX: live order book, 7 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 ago0.73 bp9.7 bp −$1014.3 bp −$143doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago29.56 bp79.2 bp −$79doesn't fitdoesn't fitdoesn'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
Bitget CBRSUSDT−0.0440%8h206.18+0.126%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRSlong−0.0197%1h205.92long leg$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h206.16+0.117%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.16+0.117%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h205.94+0.010%$1K$108K10xas long as short
SunX CBRS-USDTshort0.0000%8h206.31+0.189%$852$2.8M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.16+0.117%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.18+0.126%$9K$10K20xas long as short
Variational Omni CBRS+0.0018%8h206.16+0.117%$402K$90Kas long as short
Vest CBRS-USD-PERP+0.0024%1h205.96+0.019%$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h206.12+0.097%$92K$912K10xas long as short
QFEX CBRS-USD+0.0050%1h206.12+0.097%$1.1M$3.1M10xas long as short
BloFin CBRS-USDT+0.0050%8h206.07+0.073%$146K$71K20xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.96+0.019%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.03+0.053%$335K$716K10xas long as short
Binance CBRSUSDT+0.0070%8h206.17+0.120%$10.1M$30.6M25xas long as short
Extended CBRS_24_5-USD+0.0072%1h206.12+0.095%$44K$385K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.11+0.092%$113K$106K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.09+0.083%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.14+0.107%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.14+0.107%$23910xas long as short
GRVT CBRS_USDT_Perp+0.0147%8h206.09+0.083%$635$217K10xas long as short
Bybit CBRSUSDT+0.0227%8h206.14+0.107%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0392%8h206.30+0.185%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.112%$115K$112K10xas long as short
edgeX CBRSUSDC+0.0907%4h206.15+0.109%$23K$221K10xas long as short