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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.044%
Price spread now: Extended against Bybit−0.060%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.045%+$4 on $10k
Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.060%, 7d avg −0.019%
Together, before fees+0.043%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.041% cheaper against Bybit than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.045% in total) that is about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT209.470.0133pay 0.0133% / 8h5h 26m$2.1M$1.9M25x
ShortExtended CBRS_24_5-USD209.340.0248get 0.0031% / 1h26m 42s$44K$266K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Bybit. 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
$24.12
Price spread: −0.060% → −0.019%
−$4.09
Slippage, 4 orders
−$49.41
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$45.37
Costs to cover
0.654%
Break-even
20.2 days
Slippage from Bybit: live order book, 5 min ago; Extended: live order book, 35 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 Bybit live order book, 5 min ago2.62 bp18.6 bp −$19120.0 bp −$1,200doesn't fitdoesn't fit
Sell Extended live order book, 35 min ago1.91 bp16.7 bp −$17192.7 bp −$1,927doesn'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%1h208.44−0.492%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.43−0.021%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.41−0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.44−0.014%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.47+0.001%$884$204K10xas long as short
Phoenix CBRS0.0000%1h209.33−0.067%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.70+0.110%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.64+0.081%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h209.08−0.186%$94K10xas long as short
Lighter CBRS+0.0032%1h209.30−0.081%$90K$831K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.27−0.095%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.30−0.081%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.41−0.029%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.34−0.062%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.34−0.062%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.37−0.048%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.41−0.029%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.41−0.031%$24310xas long as short
Bybit CBRSUSDTlong+0.0133%8h209.47long leg$2.1M$1.9M25x
Gate CBRS_USDT+0.0209%8h209.60+0.062%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0212%8h209.49+0.011%$423K$113Kas long as short
Deribit CBRS_USDC-PERPETUAL+0.0228%1h209.38−0.043%$12K$5K10xas long as short
Extended CBRS_24_5-USDshort+0.0248%1h209.34−0.060%$44K$266K10x
Binance CBRSUSDT+0.0249%8h209.46−0.003%$10.3M$29.4M25xas long as short
BloFin CBRS-USDT+0.0264%8h209.56+0.043%$148K$69K20xas long as short
edgeX CBRSUSDC+0.0689%4h209.46−0.003%$24K$219K10xas long as short