Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0582%/8h= −63.8% APRpaid last 24h −0.109%
Price spread now: tradeXYZ against Binance−0.039%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$540.541% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.380%−$38 on $10k
Price spread, last 7 days−0.099%−$10 · spread now −0.039%, 7d avg −0.136%
Together, before fees−0.480%+ Points / potential airdroptradeXYZ: Active · farm board−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.098% dearer against Binance than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.136%): +$10 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.380% in total) that is about 43 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.380% in total (about -19.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CBRSUSDT207.960.0155pay 0.0155% / 8h3h 37m$10.1M$29.6M25x
ShorttradeXYZ xyz:CBRS207.88−0.0428pay 0.0053% / 1h37m 34s$42.5M$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$122.29
Price spread: −0.039% → −0.136%
$9.75
Slippage, 4 orders
−$26.11
Fee Binance: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$166.65
Costs to cover
0.541%
Break-even
never at this rate
Slippage from Binance: live order book, 4 min ago; tradeXYZ: 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, 4 min ago0.72 bp12.5 bp −$1330.1 bp −$301113.1 bp −$11.3Kdoesn't fit
Sell tradeXYZ live order book, 12 min ago0.48 bp12.0 bp −$12doesn'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:CBRSshort−0.0428%1h207.88−0.039%$42.5M$3.6M10x
edgeX CBRSUSDC−0.0056%4h208.27+0.150%$23K$220K10xas long as short
Aster CBRSUSDT0.0000%8h208.12+0.076%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.06+0.048%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h208.07+0.053%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h208.40+0.211%$919$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h208.66+0.336%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h207.88−0.039%$97K10xas long as short
Lighter CBRS+0.0032%1h207.83−0.063%$89K$843K10xas long as short
Phoenix CBRS+0.0038%1h208.63+0.322%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h207.960.000%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.17+0.101%$339K$721K10xas long as short
GRVT CBRS_USDT_Perp+0.0061%8h208.16+0.096%$953$210K10xas long as short
QFEX CBRS-USD+0.0063%1h208.00+0.019%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0098%8h208.52+0.268%$421K$88Kas long as short
KuCoin CBRSUSDTM+0.0100%8h208.30+0.163%$114K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.24+0.134%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.17+0.101%$823$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.18+0.103%$24110xas long as short
Extended CBRS_24_5-USD+0.0152%1h207.99+0.014%$49K$263K10xas long as short
Binance CBRSUSDTlong+0.0155%8h207.96long leg$10.1M$29.6M25x
BloFin CBRS-USDT+0.0176%8h208.12+0.077%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.111%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0349%8h208.05+0.043%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0380%8h208.20+0.115%$2.8M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0857%1h208.08+0.057%$12K$5K10xas long as short