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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0361%/8h= −39.5% APRpaid last 24h −0.001%
Price spread now: Bitget against tradeXYZ+0.191%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.223%+$22 on $10k
Price spread, last 7 days−0.136%−$14 · spread now +0.191%, 7d avg +0.142%
Together, before fees+0.087%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.049% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.142%): +$5 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.223%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.223% in total (about 11.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS204.550.0050pay 0.0006% / 1h34m 53s$41.9M$4.0M10x
ShortBitget CBRSUSDT204.94−0.0311pay 0.0311% / 8h7h 34m$2.4M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$75.81
Price spread: +0.191% → +0.142%
$4.91
Slippage, 4 orders
−$33.88
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$134.78
Costs to cover
0.639%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; Bitget: live order book, 2 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 tradeXYZ live order book, 3 min ago0.24 bp12.5 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 2 min ago2.44 bp18.7 bp −$1924.7 bp −$24777.0 bp −$7,697doesn'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−0.0852%4h205.15+0.293%$23K$221K10xas long as short
GRVT CBRS_USDT_Perp−0.0443%8h205.21+0.323%$776$214K10xas long as short
Bitget CBRSUSDTshort−0.0311%8h204.94+0.191%$2.4M$2.5M20x
Ondo Perps CBRS-USD.P−0.0249%1h204.85+0.147%$333K$707K10xas long as short
Lighter CBRS−0.0248%1h204.51−0.020%$92K$1.1M10xas long as short
Bybit CBRSUSDT−0.0143%8h205.03+0.235%$2.0M$2.1M25xas long as short
Phoenix CBRS−0.0039%1h205.25+0.342%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0008%8h204.86+0.152%$147K$71K20xas long as short
Aster CBRSUSDT0.0000%8h204.91+0.175%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h204.85+0.145%$44K$382K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDT0.0000%8h204.92+0.181%$10.1M$31.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h204.94+0.191%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h205.00+0.220%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h204.85+0.145%$392K$98Kas long as short
SunX CBRS-USDT0.0000%8h205.12+0.279%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h205.10+0.269%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h204.88+0.161%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h204.80+0.122%$102K10xas long as short
tradeXYZ xyz:CBRSlong+0.0050%1h204.55long leg$41.9M$4.0M10x
Polymarket Perps CBRS-USD+0.0050%1h204.47−0.039%$50K$472K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h204.78+0.112%$810$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h204.95+0.196%$114K$147K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.22+0.328%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h204.64+0.046%$23710xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.796%$115K$108K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0728%1h204.73+0.088%$12K$5K10xas long as short