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+0.0309%/8h= +33.8% APRpaid last 24h −0.020%
Price spread now: Gate against Extended+0.042%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1011.006% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.043%+$4 · spread now +0.042%, 7d avg +0.034%
Together, before fees+0.025%+ Points / potential airdropExtended: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended CBRS_24_5-USD206.110.0088pay 0.0011% / 1h36m 57s$44K$388K10x
ShortGate CBRS_USDT206.200.0397get 0.0397% / 8h36m 57s$2.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Extended. 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
$64.89
Price spread: +0.042% → +0.034%
$0.8
Slippage, 4 orders
−$80.56
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.87
Costs to cover
1.006%
Break-even
10.8 days
Slippage from Extended: live order book, 1 min ago; Gate: live order book, 1 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 Extended live order book, 1 min ago3.16 bp17.4 bp −$17193.5 bp −$1,935doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago4.84 bp38.6 bp −$39190.4 bp −$1,904264.1 bp −$26.4Kdoesn'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
Bitget CBRSUSDT−0.0454%8h206.17+0.027%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0116%1h206.01−0.051%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.23+0.056%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.08−0.017%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h206.06−0.026%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.231%$1K$2.8M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.05−0.031%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.153%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h205.78−0.162%$108K10xas long as short
Lighter CBRS+0.0032%1h206.10−0.007%$93K$910K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS+0.0035%8h206.29+0.088%$402K$91Kas long as short
QFEX CBRS-USD+0.0050%1h206.05−0.031%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.86−0.123%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.36+0.119%$335K$717K10xas long as short
Binance CBRSUSDT+0.0088%8h206.16+0.022%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USDlong+0.0088%1h206.11long leg$44K$388K10x
KuCoin CBRSUSDTM+0.0100%8h206.15+0.017%$113K$105K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.19+0.037%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.05−0.031%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.09−0.014%$23910xas long as short
BloFin CBRS-USDT+0.0108%8h206.13+0.008%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0156%8h206.26+0.071%$635$217K10xas long as short
Bybit CBRSUSDT+0.0251%8h206.12+0.003%$2.1M$2.0M25xas long as short
Gate CBRS_USDTshort+0.0397%8h206.20+0.042%$2.9M$3.0M50x
edgeX CBRSUSDC+0.0490%4h206.21+0.047%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.016%$115K$112K10xas long as short