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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.032%
Price spread now: Orderly against Coinbase International−1.108%7-day average · you buy dearer than you sell
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 5 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 against this trade now: funding costs −$7 a day on $10k at the current rate, and Orderly is 1.108% cheaper against Coinbase International than usual: you would sell low and buy high (−$111 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0320pay 0.0040% / 1h46m 40s$115K$107K10x
ShortOrderly PERP_CBRS_USDC_mythos207.940.0100get 0.0100% / 8h5h 46m$822$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$46.24
Price spread: −1.108% → 0.000%
−$110.81
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$173.05
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 64 min ago; Orderly: 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, 64 min ago9.72 bp15.3 bp −$1527.5 bp −$275doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS−0.0116%1h207.57−1.284%$1K$109K10xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0038%1h207.91−1.122%$12K$5K10xas long as short
QFEX CBRS-USD−0.0009%1h208.02−1.070%$1.1M$3.0M10xas long as short
Aster CBRSUSDT0.0000%8h208.05−1.057%$66K$149K20xas long as short
Bybit CBRSUSDT0.0000%8h207.99−1.084%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.80−1.175%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h207.81−1.170%$2.3M$2.8M20xas long as short
SunX CBRS-USDT0.0000%8h208.31−0.932%$1K$2.5M10xas long as short
Variational Omni CBRS+0.0010%8h207.74−1.205%$398K$101Kas long as short
HTX CBRS-USDT+0.0016%8h208.26−0.956%$9K$10K20xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.45−0.866%$105K10xas long as short
Lighter CBRS+0.0032%1h207.78−1.184%$90K$1.2M10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h207.70−1.222%$42.6M$4.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h207.70−1.222%$51K$464K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.02−1.070%$329K$730K10xas long as short
Extended CBRS_24_5-USD+0.0080%1h207.71−1.217%$44K$386K10xas long as short
Binance CBRSUSDT+0.0082%8h207.78−1.184%$10.2M$32.9M25xas long as short
BloFin CBRS-USDT+0.0083%8h207.94−1.108%$149K$74K20xas long as short
Orderly PERP_CBRS_USDC_mythosshort+0.0100%8h207.94−1.108%$822$2K10x
KuCoin CBRSUSDTM+0.0100%8h207.87−1.141%$114K$267K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h207.34−1.393%$24K$139K50xas long as short
Aevo CBRS-PERP+0.0104%1h207.97−1.094%$24110xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0320%1h210.27long leg$115K$107K10x
Gate CBRS_USDT+0.0327%8h207.90−1.127%$2.9M$3.3M50xas long as short
GRVT CBRS_USDT_Perp+0.0591%8h208.11−1.025%$681$228K10xas long as short
edgeX CBRSUSDC+0.0936%4h207.70−1.223%$23K$222K10xas long as short