CBRS

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.231%

7d average—if it closes, per $10,000$23funding while held, a day+$4.32

Long on Aevo Short on Coinbase International

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CBRS-PERP	208.46	0.0104	pay 0.0013% / 1h	1m 15s	$242	—	10x
Short	Coinbase International CBRS-PERP-INTX	208.94	0.0248	get 0.0031% / 1h	1m 15s	$110K	$92K	10x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee AevobpFee Coinbase InternationalbpOrdersClose when spread is

Spread captured: $23.11
Funding while held: $4.32
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $1.43
Spread needed to break even: 0.260%

Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 33 min ago. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.0144%
Per $10,000 a day: +$4.32
Average in range /8h: —

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 33 min ago	7.44 bp	13.8 bp −$14	23.1 bp −$231	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CBRS price on every exchange

against the cheapest. Click to use as the short leg.

CBRS on 25 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Vest CBRS-USD-PERP	−0.109%	+0.0025%	1h	—	$86K	10x	as long as short
Polymarket Perps CBRS-USD	−0.105%	+0.0050%	1h	$24K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	−0.071%	+0.0050%	1h	$347K	$847K	10x	as long as short
QFEX CBRS-USD	−0.071%	+0.0017%	1h	$1.1M	$2.6M	10x	as long as short
tradeXYZ xyz:CBRS	−0.052%	−0.0180%	1h	$42.9M	$3.2M	10x	as long as short
Lighter CBRS	−0.042%	+0.0032%	1h	$88K	$810K	10x	as long as short
Gate CBRS_USDT	−0.028%	0.0000%	8h	$2.8M	$3.0M	50x	as long as short
BloFin CBRS-USDT	−0.028%	+0.0019%	8h	$149K	$66K	20x	as long as short
Aster CBRSUSDT	−0.025%	0.0000%	8h	$65K	$146K	20x	as long as short
Orderly PERP_CBRS_USDC_mythos	−0.004%	+0.0100%	8h	$856	$1K	10x	as long as short

Show all 25 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Aevo CBRS-PERPlong	0.000%	+0.0104%	1h	$242	—	10x
KuCoin CBRSUSDTM	+0.001%	+0.0100%	8h	$142K	$90K	20x	as long as short
Bybit CBRSUSDT	+0.010%	0.0000%	8h	$2.0M	$1.8M	25x	as long as short
Bitget CBRSUSDT	+0.010%	0.0000%	8h	$2.4M	$2.8M	20x	as long as short
Extended CBRS_24_5-USD	+0.022%	0.0000%	1h	$43K	$246K	10x	as long as short
OKX CBRS-USDT-SWAP	+0.025%	0.0000%	8h	$2.2M	$3.4M	25x	as long as short
Binance CBRSUSDT	+0.031%	0.0000%	8h	$10.3M	$28.1M	25x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.063%	+0.0182%	1h	$12K	$51K	10x	as long as short
ApeX Omni CBRSUSDT	+0.087%	+0.0100%	1h	$25K	$133K	50x	as long as short
SunX CBRS-USDT	+0.159%	0.0000%	8h	$1K	$3.4M	10x	as long as short
Phoenix CBRS	+0.164%	0.0000%	1h	$1K	$107K	10x	as long as short
Variational Omni CBRS	+0.208%	0.0000%	8h	$406K	$327K	—	as long as short
Coinbase International CBRS-PERP-INTXshort	+0.231%	+0.0248%	1h	$110K	$92K	10x
edgeX CBRSUSDC	+0.245%	+0.0628%	4h	$24K	$219K	10x	as long as short
HTX CBRS-USDT	+0.265%	0.0000%	8h	$9K	$5K	20x	as long as short