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−0.0252%/8h= −27.6% APRpaid last 24h −0.011%
Price spread now: KuCoin against Extended−0.037%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$423as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4344.341% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.037%, 7d avg +0.007%
Together, before fees+0.205%+ Points / potential airdropExtended: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and KuCoin is 0.045% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.007%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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-USD208.890.0352pay 0.0044% / 1h33m 57s$46K$268K10x
ShortKuCoin CBRSUSDTM208.810.0100get 0.0100% / 8h6h 33m$114K$121K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$52.92
Price spread: −0.037% → +0.007%
−$4.46
Slippage, 4 orders
−$417.13
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$491.51
Costs to cover
4.341%
Break-even
never at this rate
Slippage from Extended: live order book, 33 min ago; KuCoin: live order book, 70 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, 33 min ago2.38 bp15.8 bp −$16124.5 bp −$1,245doesn't fitdoesn't fit
Sell KuCoin live order book, 70 min ago9.76 bp172.8 bp −$173doesn't fitdoesn't fitdoesn't fit

CBRS on 25 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
tradeXYZ xyz:CBRS−0.0295%1h208.70−0.090%$42.7M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.215%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h208.85−0.019%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.05+0.077%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.00+0.053%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.00+0.053%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h208.94+0.025%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.17+0.133%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.25+0.173%$1K$3.1M10xas long as short
HTX CBRS-USDT0.0000%8h209.12+0.111%$9K$9K20xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.69−0.095%$97K10xas long as short
Lighter CBRS+0.0032%1h208.59−0.143%$90K$846K10xas long as short
QFEX CBRS-USD+0.0038%1h208.86−0.014%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.10+0.101%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0046%1h208.68−0.100%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.96+0.034%$339K$890K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h208.81−0.037%$114K$121K20x
ApeX Omni CBRSUSDT+0.0100%1h209.10+0.101%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.85−0.018%$858$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.90+0.007%$24210xas long as short
Variational Omni CBRS+0.0327%8h208.98+0.045%$422K$234Kas long as short
Extended CBRS_24_5-USDlong+0.0352%1h208.89long leg$46K$268K10x
Binance CBRSUSDT+0.0352%8h208.95+0.030%$10.2M$29.7M25xas long as short
edgeX CBRSUSDC+0.0864%4h209.09+0.097%$24K$219K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1188%1h208.92+0.015%$12K$5K10xas long as short