Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0694%/8h= +76.0% APRpaid last 24h +0.083%

Price spread now: Deribit against Gate−0.101%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Deribit

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Deribit is 0.101% cheaper against Gate than usual: you would sell low and buy high (spread −0.101% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CBRS_USDT	206.90	0.0364	pay 0.0364% / 8h	2h 02m	$2.9M	$3.0M	50x
Short	Deribit CBRS_USDC-PERPETUAL	206.69	0.1058	get 0.0132% / 1h	2m 10s	$12K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee DeribitbpOrdersPrice spread, now −0.101%Rate

Funding earned: $145.74
Price spread: −0.101% → 0.000%: −$10.15
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $113.59
Costs to cover: 0.220%
Break-even: 1.5 days

Slippage unknown: Gate: live order book, 1 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 1 min ago	4.83 bp	24.2 bp −$24	40.7 bp −$407	56.7 bp −$5,674	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CBRSUSDT	−0.0550%	8h	206.77	−0.063%	$2.4M	$2.5M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0068%	1h	206.46	−0.213%	$42.2M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.77	−0.064%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	206.90	0.000%	$2.2M	$3.5M	25x	as long as short
Phoenix CBRS	0.0000%	1h	206.79	−0.053%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	207.02	+0.058%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	206.76	−0.068%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0015%	1h	206.31	−0.285%	—	$107K	10x	as long as short
QFEX CBRS-USD	+0.0024%	1h	206.66	−0.116%	$1.1M	$3.0M	10x	as long as short
Lighter CBRS	+0.0032%	1h	206.49	−0.198%	$90K	$887K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USD	+0.0050%	1h	206.52	−0.184%	$51K	$1.1M	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	206.54	−0.174%	$115K	$111K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	206.78	−0.058%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.71	−0.092%	$818	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	206.75	−0.074%	$240	—	10x	as long as short
Variational Omni CBRS	+0.0110%	8h	207.01	+0.055%	$418K	$95K	—	as long as short
Extended CBRS_24_5-USD	+0.0160%	1h	206.66	−0.116%	$44K	$389K	10x	as long as short
BloFin CBRS-USDT	+0.0161%	8h	206.77	−0.063%	$145K	$71K	20x	as long as short
Binance CBRSUSDT	+0.0162%	8h	206.71	−0.091%	$10.1M	$30.5M	25x	as long as short
edgeX CBRSUSDC	+0.0170%	4h	206.87	−0.016%	$23K	$221K	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0213%	1h	206.78	−0.058%	$336K	$719K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0213%	8h	207.03	+0.063%	$551	$213K	10x	as long as short
Bybit CBRSUSDT	+0.0357%	8h	206.84	−0.029%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDTlong	+0.0364%	8h	206.90	long leg	$2.9M	$3.0M	50x
Coinbase International CBRS-PERP-INTX	+0.0464%	1h	210.27	+1.629%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUALshort	+0.1058%	1h	206.69	−0.101%	$12K	$5K	10x