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−0.0227%/8h= −24.9% APRnext payment $2.27 per $10,000 · paid last 24h −0.036%
Price spread now: KuCoin against Variational Omni−0.102%7-day average −0.015% · 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 3 days (all we have)+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.286%+$29 · spread now −0.102%, 7d avg −0.015%
Together, before fees+0.295%+ Points / potential airdropVariational Omni: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.086% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.010% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CBRS208.980.0327pay 0.0327% / 8h6h 35m$422K$234K
ShortKuCoin CBRSUSDTM208.770.0100get 0.0100% / 8h6h 35m$114K$121K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. 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
−$47.77
Price spread: −0.102% → −0.015%
−$8.63
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$68.4
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 34 min ago; KuCoin: live order book, 68 min ago. 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 Variational Omni RFQ quote, 34 min ago2.19 bpdoesn't fit34.2 bp −$342doesn't fitdoesn't fit
Sell KuCoin live order book, 68 min ago9.76 bp172.8 bp −$173doesn'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
tradeXYZ xyz:CBRS−0.0308%1h208.71−0.130%$42.7M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.260%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h208.81−0.080%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.87−0.054%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.96−0.011%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.90−0.040%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h208.92−0.030%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.17+0.088%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.19+0.099%$1K$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.57−0.197%$12K$5K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h209.12+0.066%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.71−0.130%$97K10xas long as short
Lighter CBRS+0.0032%1h208.59−0.188%$90K$846K10xas long as short
QFEX CBRS-USD+0.0038%1h208.87−0.054%$1.1M$3.4M10xas long as short
Polymarket Perps CBRS-USD+0.0038%1h208.73−0.121%$53K$1.1M10xas long as short
Phoenix CBRS+0.0038%1h209.10+0.056%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.96−0.011%$339K$890K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h208.77−0.102%$114K$121K20x
ApeX Omni CBRSUSDT+0.0100%1h209.10+0.056%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.84−0.068%$857$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.85−0.063%$24210xas long as short
Variational Omni CBRSlong+0.0327%8h208.98long leg$422K$234K
Extended CBRS_24_5-USD+0.0352%1h208.86−0.060%$46K$268K10xas long as short
Binance CBRSUSDT+0.0354%8h208.92−0.028%$10.2M$29.7M25xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.185%$148K$71K20xas long as short
edgeX CBRSUSDC+0.0864%4h209.09+0.052%$24K$219K10xas long as short