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−0.0132%/8h= −14.5% APRnext payment $1.32 per $10,000 · paid last 24h −0.076%
Price spread now: SunX against Binance+0.145%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1571.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.181%−$18 on $10k
Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.145%, 7d avg +0.106%
Together, before fees−0.237%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.039% dearer against Binance than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.106%): +$4 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 23 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CBRSUSDT206.970.0132pay 0.0132% / 8h3h 05m$10.1M$29.8M25x
ShortSunX CBRS-USDT207.270get 0.0000% / 8h3h 05m$1K$2.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$27.81
Price spread: +0.145% → +0.106%
$3.88
Slippage, 4 orders
−$139.02
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$180.95
Costs to cover
1.570%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; SunX: live order book, 12 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, 6 min ago1.69 bp12.5 bp −$1337.2 bp −$372109.1 bp −$10.9Kdoesn't fit
Sell SunX live order book, 12 min ago30.58 bp80.3 bp −$80doesn'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
edgeX CBRSUSDC−0.0500%4h206.59−0.184%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0344%1h206.70−0.130%$42.3M$3.8M10xas long as short
Bitget CBRSUSDT−0.0172%8h206.99+0.010%$2.4M$2.4M20xas long as short
Aster CBRSUSDT0.0000%8h206.82−0.073%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.05+0.039%$2.2M$3.5M25xas long as short
SunX CBRS-USDTshort0.0000%8h207.27+0.145%$1K$2.9M10x
HTX CBRS-USDT0.0000%8h206.67−0.145%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h206.58−0.188%$103K10xas long as short
Lighter CBRS+0.0032%1h206.84−0.063%$89K$870K10xas long as short
Phoenix CBRS+0.0038%1h206.37−0.290%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.73−0.116%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0052%1h206.73−0.116%$336K$713K10xas long as short
QFEX CBRS-USD+0.0063%1h206.68−0.140%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0069%8h206.97−0.001%$402K$94Kas long as short
GRVT CBRS_USDT_Perp+0.0090%8h206.59−0.183%$1K$211K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.73−0.116%$115K$112K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.67−0.145%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.84−0.063%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.88−0.046%$24010xas long as short
Binance CBRSUSDTlong+0.0132%8h206.97long leg$10.1M$29.8M25x
Extended CBRS_24_5-USD+0.0136%1h206.93−0.021%$45K$323K10xas long as short
BloFin CBRS-USDT+0.0164%8h206.55−0.203%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.594%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0333%8h206.89−0.039%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0338%8h207.00+0.014%$2.8M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1008%1h206.89−0.039%$12K$5K10xas long as short