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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0475%/8h= +52.0% APRnext payment +$0.59 per $10,000 · paid last 24h +0.053%
Price spread now: Deribit against Coinbase International+0.465%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Deribit is 0.465% dearer against Coinbase International than usual: you sell high and buy low: +$47 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX208.44−0.0056get 0.0007% / 1h28m 09s$114K$114K10x
ShortDeribit CBRS_USDC-PERPETUAL209.410.0419get 0.0052% / 1h28m 09s$12K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Coinbase International. 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
$99.75
Price spread: +0.465% → 0.000%
$46.54
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
$129.28
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Coinbase International: live order book, 35 min ago; Deribit: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Coinbase International live order book, 35 min ago5.02 bp12.9 bp −$1318.2 bp −$182doesn't fitdoesn't fit
Sell Deribit no order-book sample
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0587%4h209.43+0.475%$24K$220K10xas long as short
Coinbase International CBRS-PERP-INTXlong−0.0056%1h208.44long leg$114K$114K10x
Aster CBRSUSDT0.0000%8h209.43+0.475%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.59+0.552%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.45+0.485%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.50+0.508%$884$204K10xas long as short
Phoenix CBRS0.0000%1h209.33+0.427%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.70+0.604%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.64+0.576%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.09+0.312%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.30+0.413%$90K$831K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.32+0.422%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.38+0.451%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.41+0.465%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.41+0.465%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.34+0.432%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.37+0.446%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.49+0.504%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.46+0.487%$24310xas long as short
Bybit CBRSUSDT+0.0135%8h209.54+0.528%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0203%8h209.60+0.557%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0212%8h209.49+0.505%$423K$113Kas long as short
Binance CBRSUSDT+0.0254%8h209.46+0.491%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0256%1h209.41+0.465%$46K$263K10xas long as short
BloFin CBRS-USDT+0.0276%8h209.52+0.518%$148K$69K20xas long as short
Deribit CBRS_USDC-PERPETUALshort+0.0419%1h209.41+0.465%$12K$5K10x