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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Bitget−0.052%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$418as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4374.368% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.102%+$10 · spread now −0.052%, 7d avg −0.029%
Together, before fees+0.285%+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.023% cheaper against Bitget than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.029%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT210.110get 0.0000% / 8h5h 01m$2.4M$2.7M20x
ShortKuCoin CBRSUSDTM210.000.0100get 0.0100% / 8h5h 01m$115K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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
$21
Price spread: −0.052% → −0.029%
−$2.32
Slippage, 4 orders
−$412.77
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$418.09
Costs to cover
4.368%
Break-even
146.4 days
Slippage from Bitget: live order book, 6 min ago; KuCoin: 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 Bitget live order book, 6 min ago2.38 bp16.8 bp −$1729.9 bp −$29973.2 bp −$7,323doesn't fit
Sell KuCoin live order book, 12 min ago9.76 bp159.3 bp −$159doesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27+0.076%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.08−0.015%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.24+0.062%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h210.11long leg$2.4M$2.7M20x
Phoenix CBRS0.0000%1h209.95−0.076%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.29+0.086%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.21+0.048%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.195%$94K10xas long as short
GRVT CBRS_USDT_Perp+0.0023%8h210.23+0.057%$511$205K10xas long as short
Lighter CBRS+0.0032%1h210.00−0.052%$90K$833K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.88−0.109%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.06−0.024%$54K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.06−0.024%$1.1M$3.2M10xas long as short
Ondo Perps CBRS-USD.P+0.0080%1h210.12+0.005%$341K$734K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h210.00−0.052%$115K$115K20x
ApeX Omni CBRSUSDT+0.0100%1h209.98−0.062%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.12+0.005%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17+0.028%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.110.000%$12K$5K10xas long as short
Variational Omni CBRS+0.0227%8h210.15+0.021%$425K$107Kas long as short
Extended CBRS_24_5-USD+0.0264%1h210.04−0.031%$45K$262K10xas long as short
Binance CBRSUSDT+0.0267%8h210.11−0.001%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0274%8h210.22+0.052%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0284%8h210.30+0.090%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0284%8h210.07−0.019%$105K$69K20xas long as short
edgeX CBRSUSDC+0.0749%4h210.23+0.057%$24K$220K10xas long as short