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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.042%
Price spread now: Coinbase International against OKX+0.124%7-day average −0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$650.650% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.286%+$29 on $10k
Price spread, last 4 days (all we have)−0.199%−$20 · spread now +0.124%, 7d avg −0.081%
Together, before fees+0.087%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.204% dearer against OKX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP210.010get 0.0000% / 8h4h 37m$2.2M$3.5M25x
ShortCoinbase International CBRS-PERP-INTX210.270.0104get 0.0013% / 1h37m 18s$115K$116K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against OKX. 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
$21.84
Price spread: +0.124% → −0.081%
$20.45
Slippage, 4 orders
−$44.98
Fee OKX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$22.69
Costs to cover
0.650%
Break-even
14.3 days
Slippage from OKX: live order book, 5 min ago; Coinbase International: live order book, 20 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 OKX live order book, 5 min ago0.24 bp15.5 bp −$1551.4 bp −$514doesn't fitdoesn't fit
Sell Coinbase International live order book, 20 min ago3.57 bp9.8 bp −$1018.7 bp −$187doesn'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
edgeX CBRSUSDC−0.0285%4h209.92−0.041%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.92−0.042%$66K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h210.01long leg$2.2M$3.5M25x
Bitget CBRSUSDT0.0000%8h209.94−0.033%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.96−0.023%$388$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.16+0.071%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.010.000%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.59−0.200%$94K10xas long as short
Lighter CBRS+0.0032%1h209.82−0.090%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.090%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.72−0.138%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.81−0.095%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.98−0.014%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88−0.062%$1.1M$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.89−0.057%$12K$5K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.83−0.086%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.94−0.033%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.90−0.052%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.92−0.044%$24410xas long as short
Coinbase International CBRS-PERP-INTXshort+0.0104%1h210.27+0.124%$115K$116K10x
Variational Omni CBRS+0.0167%8h209.96−0.026%$424K$101Kas long as short
BloFin CBRS-USDT+0.0191%8h209.99−0.010%$148K$69K20xas long as short
Binance CBRSUSDT+0.0207%8h209.95−0.029%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.89−0.056%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0309%8h210.10+0.043%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0330%8h210.10+0.043%$2.9M$2.9M50xas long as short