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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.215%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$505as in the Funding arb table
Net, price: spread back to 7d avg − costs−$539as in the Price arb table
costs, in and out, $10k−$5305.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.250%+$25 on $10k
Price spread, last 3 days (all we have)+0.116%+$12 · spread now −0.215%, 7d avg −0.125%
Together, before fees+0.366%+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.090% cheaper against SunX than usual: you would sell low and buy high (spread −0.215% now, against its 7-day average of −0.125%). If the spread goes back, that is −$9 on $10k: about 3.0 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT209.220get 0.0000% / 8h6h 34m$1K$3.1M10x
ShortKuCoin CBRSUSDTM208.770.0100get 0.0100% / 8h6h 34m$114K$121K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.215% → −0.125%
−$8.98
Slippage, 4 orders
−$509.65
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$517.64
Costs to cover
5.297%
Break-even
179.5 days
Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 69 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, 3 min ago30.33 bp48.6 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 69 min ago9.76 bp172.8 bp −$173doesn't fitdoesn'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
tradeXYZ xyz:CBRS−0.0303%1h208.71−0.244%$42.7M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.373%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h208.82−0.189%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.95−0.129%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.97−0.119%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.00−0.105%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h208.94−0.134%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.17−0.026%$456$208K10xas long as short
SunX CBRS-USDTlong0.0000%8h209.22long leg$1K$3.1M10x
HTX CBRS-USDT0.0000%8h209.12−0.048%$9K$9K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.71−0.244%$97K10xas long as short
Lighter CBRS+0.0032%1h208.61−0.292%$90K$846K10xas long as short
QFEX CBRS-USD+0.0038%1h208.87−0.167%$1.1M$3.4M10xas long as short
Polymarket Perps CBRS-USD+0.0038%1h208.73−0.234%$53K$1.1M10xas long as short
Phoenix CBRS+0.0038%1h209.10−0.057%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.96−0.124%$339K$890K10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h208.77−0.215%$114K$121K20x
ApeX Omni CBRSUSDT+0.0100%1h209.10−0.057%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.84−0.182%$857$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.85−0.176%$24210xas long as short
Variational Omni CBRS+0.0327%8h208.98−0.113%$422K$234Kas long as short
Extended CBRS_24_5-USD+0.0352%1h208.86−0.173%$46K$268K10xas long as short
Binance CBRSUSDT+0.0352%8h208.97−0.120%$10.2M$29.7M25xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.072%$148K$71K20xas long as short
edgeX CBRSUSDC+0.0864%4h209.09−0.062%$24K$219K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1044%1h208.90−0.153%$12K$5K10xas long as short