Funding arb · Price arb /

CBRS

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against SunX−0.091%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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. Aevo is 0.091% cheaper against SunX than usual: you would sell low and buy high (spread −0.091% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CBRS-USDT	208.99	0	get 0.0000% / 8h	1h 45m	$1K	$3.4M	10x
Short	Aevo CBRS-PERP	208.80	0.0104	get 0.0013% / 1h	45m 51s	$242	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against SunX. 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 SunXbpFee AevobpOrdersPrice spread, now −0.091%Rate

Funding earned: $21.84
Price spread: −0.091% → 0.000%: −$9.08
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$11.24
Costs to cover: 0.240%
Break-even: 10.6 days

Slippage unknown: SunX: live order book, 12 min ago; Aevo: 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 SunX live order book, 12 min ago	29.89 bp	48.5 bp −$49	doesn't fit	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
tradeXYZ xyz:CBRS	−0.0157%	1h	208.54	−0.215%	$42.7M	$3.6M	10x	as long as short
edgeX CBRSUSDC	−0.0138%	4h	208.76	−0.109%	$24K	$220K	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.263%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	208.65	−0.160%	$65K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	208.83	−0.077%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	208.80	−0.091%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	208.80	−0.091%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	208.82	−0.081%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	208.69	−0.144%	$1K	$112K	10x	as long as short
SunX CBRS-USDTlong	0.0000%	8h	208.99	long leg	$1K	$3.4M	10x

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit CBRS_USDC-PERPETUAL	0.0000%	1h	208.78	−0.100%	$12K	$52K	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	208.81	−0.086%	$9K	$6K	20x	as long as short
Vest CBRS-USD-PERP	+0.0023%	1h	208.71	−0.134%	—	$90K	10x	as long as short
QFEX CBRS-USD	+0.0027%	1h	208.80	−0.091%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	208.71	−0.134%	$92K	$883K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	208.70	−0.139%	$31K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	208.70	−0.139%	$344K	$906K	10x	as long as short
Variational Omni CBRS	+0.0080%	8h	208.75	−0.116%	$422K	$321K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	208.78	−0.100%	$143K	$97K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.51	−0.230%	$25K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	208.75	−0.115%	$857	$1K	10x	as long as short
BloFin CBRS-USDT	+0.0103%	8h	208.70	−0.139%	$146K	$70K	20x	as long as short
Aevo CBRS-PERPshort	+0.0104%	1h	208.80	−0.091%	$242	—	10x
Extended CBRS_24_5-USD	+0.0128%	1h	208.76	−0.108%	$43K	$246K	10x	as long as short
Binance CBRSUSDT	+0.0128%	8h	208.81	−0.084%	$10.3M	$30.3M	25x	as long as short
GRVT CBRS_USDT_Perp	+0.0286%	8h	208.76	−0.112%	$887	$240K	10x	as long as short