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−0.0418%/8h= −45.7% APRnext payment $4.18 per $10,000 · paid last 24h −0.076%
Price spread now: Bitget against Binance+0.024%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$610.606% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.114%−$11 on $10k
Price spread, last 7 days−0.035%−$4 · spread now +0.024%, 7d avg +0.007%
Together, before fees−0.150%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.114% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.18 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
LongBinance CBRSUSDT206.200.0026pay 0.0026% / 8h8m 14s$10.1M$30.6M25x
ShortBitget CBRSUSDT206.25−0.0392pay 0.0392% / 8h8m 14s$2.4M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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
−$87.74
Price spread: +0.024% → +0.007%
$1.77
Slippage, 4 orders
−$38.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$146.61
Costs to cover
0.606%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 4 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 Binance live order book, 3 min ago0.24 bp9.1 bp −$929.3 bp −$293121.1 bp −$12.1Kdoesn't fit
Sell Bitget live order book, 4 min ago2.18 bp21.9 bp −$2235.1 bp −$35189.0 bp −$8,895doesn'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 CBRSUSDTshort−0.0392%8h206.25+0.024%$2.4M$2.5M20x
tradeXYZ xyz:CBRS−0.0264%1h205.96−0.116%$42.2M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h206.15−0.026%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.28+0.039%$2.2M$3.4M25xas long as short
Variational Omni CBRS0.0000%8h206.18−0.008%$402K$90Kas long as short
Phoenix CBRS0.0000%1h206.13−0.034%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.48+0.136%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.32+0.058%$9K$10K20xas long as short
Extended CBRS_24_5-USD+0.0024%1h206.15−0.023%$44K$384K10xas long as short
Vest CBRS-USD-PERP+0.0025%1h205.94−0.126%$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDTlong+0.0026%8h206.20long leg$10.1M$30.6M25x
Lighter CBRS+0.0032%1h205.89−0.150%$91K$929K10xas long as short
BloFin CBRS-USDT+0.0042%8h206.200.000%$147K$72K20xas long as short
QFEX CBRS-USD+0.0050%1h206.16−0.019%$1.2M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.98−0.107%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.19−0.005%$334K$717K10xas long as short
GRVT CBRS_USDT_Perp+0.0084%8h206.22+0.011%$524$218K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.11−0.044%$114K$112K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.03−0.082%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.15−0.024%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.17−0.014%$23910xas long as short
edgeX CBRSUSDC+0.0124%4h206.19−0.004%$23K$220K10xas long as short
Bybit CBRSUSDT+0.0162%8h206.14−0.029%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0388%8h206.30+0.048%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+1.974%$115K$112K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1353%1h206.21+0.005%$12K$5K10xas long as short