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−0.0305%/8h= −33.4% APRpaid last 24h +0.020%
Price spread now: Extended against Gate−0.065%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as 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)−0.019%−$2 · spread now −0.065%, 7d avg −0.034%
Together, before fees−0.002%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Extended is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
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
LongGate CBRS_USDT206.200.0393pay 0.0393% / 8h36m 04s$2.9M$3.0M50x
ShortExtended CBRS_24_5-USD206.070.0088get 0.0011% / 1h36m 04s$44K$388K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$64.05
Price spread: −0.065% → −0.034%
−$3.14
Slippage, 4 orders
−$80.56
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$167.75
Costs to cover
1.006%
Break-even
never at this rate
Slippage from Gate: live order book, 2 min ago; Extended: 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 Gate live order book, 2 min ago4.84 bp27.5 bp −$2748.7 bp −$48762.7 bp −$6,274doesn't fit
Sell Extended live order book, 1 min ago3.16 bp17.1 bp −$17151.4 bp −$1,514doesn't fitdoesn'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−0.0452%8h206.06−0.068%$2.4M$2.5M20xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0138%1h206.04−0.078%$12K$5K10xas long as short
tradeXYZ xyz:CBRS−0.0133%1h205.84−0.175%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.21+0.004%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.96−0.116%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h206.06−0.068%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.189%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.26+0.029%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h205.75−0.218%$108K10xas long as short
Lighter CBRS+0.0032%1h206.09−0.053%$92K$912K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS+0.0035%8h206.29+0.046%$402K$91Kas long as short
QFEX CBRS-USD+0.0050%1h206.01−0.092%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.87−0.160%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.97−0.112%$335K$716K10xas long as short
Binance CBRSUSDT+0.0087%8h206.06−0.069%$10.1M$30.6M25xas long as short
Extended CBRS_24_5-USDshort+0.0088%1h206.07−0.065%$44K$388K10x
KuCoin CBRSUSDTM+0.0100%8h206.13−0.034%$113K$105K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.19−0.005%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.16−0.019%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.12−0.039%$23910xas long as short
BloFin CBRS-USDT+0.0108%8h206.13−0.034%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0156%8h206.26+0.029%$635$217K10xas long as short
Bybit CBRSUSDT+0.0247%8h206.12−0.039%$2.1M$2.0M25xas long as short
Gate CBRS_USDTlong+0.0393%8h206.20long leg$2.9M$3.0M50x
edgeX CBRSUSDC+0.0490%4h206.21+0.006%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+1.974%$115K$112K10xas long as short