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+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.076%
Price spread now: Binance against SunX−0.149%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$153as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.181%+$18 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.149%, 7d avg −0.107%
Together, before fees+0.231%+$23 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.042% cheaper against SunX than usual: you would sell low and buy high (spread −0.149% now, against its 7-day average of −0.107%). If the spread goes back, that is −$4 on $10k: about 25 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT206.440get 0.0000% / 8h1h 11m$964$2.8M10x
ShortBinance CBRSUSDT206.130.0137get 0.0137% / 8h1h 11m$10.1M$30.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$28.78
Price spread: −0.149% → −0.107%
−$4.22
Slippage, 4 orders
−$131
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$124.44
Costs to cover
1.490%
Break-even
37.3 days
Slippage from SunX: live order book, 7 min ago; Binance: live order book, 15 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 SunX live order book, 7 min ago29.75 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.73 bp9.6 bp −$1040.2 bp −$402125.9 bp −$12.6Kdoesn'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−0.0583%8h206.11−0.160%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0195%1h205.82−0.300%$42.1M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.16−0.138%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.14−0.145%$2.2M$3.4M25xas long as short
SunX CBRS-USDTlong0.0000%8h206.44long leg$964$2.8M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.09−0.170%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.15−0.140%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h205.76−0.329%$108K10xas long as short
Lighter CBRS+0.0032%1h206.03−0.199%$91K$902K10xas long as short
Phoenix CBRS+0.0039%1h205.95−0.237%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.91−0.257%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.03−0.199%$335K$718K10xas long as short
QFEX CBRS-USD+0.0080%1h206.06−0.184%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0090%8h206.26−0.085%$402K$99Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.00−0.213%$113K$108K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.96−0.233%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.07−0.179%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.13−0.150%$23910xas long as short
Extended CBRS_24_5-USD+0.0136%1h206.07−0.179%$46K$391K10xas long as short
Binance CBRSUSDTshort+0.0137%8h206.13−0.149%$10.1M$30.5M25x
BloFin CBRS-USDT+0.0137%8h206.14−0.145%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0213%8h206.12−0.155%$903$218K10xas long as short
Bybit CBRSUSDT+0.0305%8h206.13−0.150%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0390%8h206.30−0.068%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.855%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0809%4h206.09−0.168%$23K$220K10xas long as short