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−0.0146%/8h= −16.0% APRnext payment $0.18 per $10,000 · paid last 24h −0.051%
Price spread now: tradeXYZ against QFEX−0.081%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.080%−$8 on $10k
Price spread, last 7 days−0.024%−$2 · spread now −0.081%, 7d avg −0.107%
Together, before fees−0.104%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.026% dearer against QFEX than usual: you sell high and buy low (spread −0.081% now, against its 7-day average of −0.107%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD209.400.0038pay 0.0005% / 1h13m 23s$1.1M$3.3M10x
ShorttradeXYZ xyz:CBRS209.23−0.0109pay 0.0014% / 1h13m 23s$42.9M$3.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against QFEX. 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
−$30.75
Price spread: −0.081% → −0.107%
$2.55
Slippage, 4 orders
−$16.23
Fee QFEX: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$72.43
Costs to cover
0.442%
Break-even
never at this rate
Slippage from QFEX: live order book, 5 min ago; tradeXYZ: live order book, 6 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 QFEX live order book, 5 min ago1.43 bp9.3 bp −$916.4 bp −$164doesn't fitdoesn't fit
Sell tradeXYZ live order book, 6 min ago0.96 bp13.1 bp −$13doesn'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:CBRSshort−0.0109%1h209.23−0.081%$42.9M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.458%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.52+0.056%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.54+0.067%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.42+0.010%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.48+0.038%$796$206K10xas long as short
SunX CBRS-USDT0.0000%8h209.76+0.172%$1K$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.48+0.038%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.59+0.091%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.10−0.143%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.44+0.019%$90K$850K10xas long as short
QFEX CBRS-USDlong+0.0038%1h209.40long leg$1.1M$3.3M10x
Phoenix CBRS+0.0038%1h209.35−0.024%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.36−0.019%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.42+0.010%$340K$740K10xas long as short
Gate CBRS_USDT+0.0066%8h209.60+0.096%$2.9M$3.0M50xas long as short
Bybit CBRSUSDT+0.0085%8h209.51+0.053%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.41+0.005%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.37−0.014%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.44+0.019%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.46+0.027%$24310xas long as short
Variational Omni CBRS+0.0316%8h209.46+0.027%$423K$124Kas long as short
Binance CBRSUSDT+0.0337%8h209.48+0.037%$10.3M$29.5M25xas long as short
Extended CBRS_24_5-USD+0.0344%1h209.47+0.033%$44K$271K10xas long as short
edgeX CBRSUSDC+0.0895%4h209.45+0.024%$24K$221K10xas long as short