CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.052%

Price spread now: Phoenix against Bybit−0.057%7-day average −0.046% · you buy dearer than you sell

Net, funding: paid 7d − costs−$175as in the Funding arb table

Net, price: spread back to 7d avg − costs−$162as in the Price arb table

costs, in and out, $10k−$1611.609% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.141%−$14 on $10k

Price spread, last 3 days (all we have)+0.140%+$14 · spread now −0.057%, 7d avg −0.046%

Together, before fees−0.001%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CBRSUSDT	209.48	0	get 0.0000% / 8h	41m 14s	$2.0M	$1.9M	25x
Short	Phoenix CBRS	209.36	0	get 0.0000% / 1h	41m 14s	$1K	$111K	10x

Funding history

latest

Range statsloading…

Phoenix against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee BybitbpFee PhoenixbpOrdersPrice spread, now −0.057%Rate

Slippage from Bybit: live order book, 5 min ago; Phoenix: live order book, 28 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bybit live order book, 5 min ago	1.67 bp	19.4 bp −$19	130.4 bp −$1,304	doesn't fit	doesn't fit
Sell Phoenix live order book, 28 min ago	15.30 bp	63.2 bp −$63	212.7 bp −$2,127	doesn't fit	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CBRSUSDT	0.0000%	8h	209.27	−0.099%	$66K	$147K	20x	as long as short
Bybit CBRSUSDTlong	0.0000%	8h	209.48	long leg	$2.0M	$1.9M	25x
OKX CBRS-USDT-SWAP	0.0000%	8h	209.43	−0.024%	$2.2M	$3.6M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.38	−0.048%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRSshort	0.0000%	1h	209.36	−0.057%	$1K	$111K	10x
SunX CBRS-USDT	0.0000%	8h	209.61	+0.062%	$994	$3.3M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	209.44	−0.019%	$9K	$6K	20x	as long as short
Gate CBRS_USDT	+0.0004%	8h	209.50	+0.010%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0016%	1h	208.44	−0.496%	$114K	$114K	10x	as long as short
Vest CBRS-USD-PERP	+0.0016%	1h	208.98	−0.239%	—	$94K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX CBRS-USD	+0.0021%	1h	209.30	−0.086%	$1.1M	$3.4M	10x	as long as short
tradeXYZ xyz:CBRS	+0.0026%	1h	209.20	−0.134%	$42.9M	$3.6M	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0037%	1h	209.38	−0.048%	$12K	$4K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.22	−0.124%	$30K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.25	−0.110%	$347K	$913K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.18	−0.143%	$143K	$93K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.07	−0.196%	$24K	$136K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.36	−0.057%	$860	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.32	−0.077%	$243	—	10x	as long as short
edgeX CBRSUSDC	+0.0120%	4h	209.37	−0.054%	$24K	$222K	10x	as long as short
Lighter CBRS	+0.0168%	1h	209.40	−0.038%	$90K	$867K	10x	as long as short
Variational Omni CBRS	+0.0405%	8h	209.37	−0.053%	$423K	$321K	—	as long as short
Extended CBRS_24_5-USD	+0.0456%	1h	209.33	−0.074%	$43K	$246K	10x	as long as short
Binance CBRSUSDT	+0.0458%	8h	209.36	−0.055%	$10.3M	$30.0M	25x	as long as short
BloFin CBRS-USDT	+0.0458%	8h	209.45	−0.014%	$146K	$70K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0565%	8h	209.40	−0.038%	$599	$224K	10x	as long as short