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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0365%/8h= +39.9% APRpaid last 24h +0.107%
Price spread now: BloFin against tradeXYZ+0.044%68s7-day average +0.114% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.527% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.381%+$38 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.044%, 7d avg +0.114%
Together, before fees+0.390%+ Points / potential airdroptradeXYZ: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.071% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.114%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.381% in total) that is about 31 hours. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS205.88−0.0201get 0.0025% / 1h23m 59s$42.2M$4.0M10x
ShortBloFin CBRS-USDT205.970.0163get 0.0163% / 8h1h 23m$147K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$76.6
Price spread: +0.044% → +0.114%
−$7.07
Slippage, 4 orders
−$22.67
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.87
Costs to cover
0.527%
Break-even
5.5 days
Slippage from tradeXYZ: live order book, 5 min ago; BloFin: live order book, 50 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, 5 min ago0.97 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 50 min ago1.21 bp14.8 bp −$1534.8 bp −$348doesn'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
Bitget CBRSUSDT−0.0649%8h206.19+0.151%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRSlong−0.0201%1h205.88long leg$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h206.04+0.075%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.30+0.204%$2.2M$3.4M25xas long as short
SunX CBRS-USDT0.0000%8h206.27+0.189%$2K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h205.97+0.044%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h205.72−0.078%$108K10xas long as short
Lighter CBRS+0.0032%1h205.93+0.024%$91K$896K10xas long as short
Phoenix CBRS+0.0039%1h205.44−0.214%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.78−0.049%$51K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h205.79−0.044%$335K$717K10xas long as short
QFEX CBRS-USD+0.0080%1h205.99+0.053%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0082%8h205.90+0.009%$401K$101Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.85−0.015%$113K$109K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.50−0.185%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.90+0.010%$814$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.98+0.050%$23910xas long as short
Binance CBRSUSDT+0.0140%8h206.09+0.100%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.02+0.067%$46K$391K10xas long as short
BloFin CBRS-USDTshort+0.0163%8h205.97+0.044%$147K$71K20x
GRVT CBRS_USDT_Perp+0.0210%8h205.76−0.057%$514$216K10xas long as short
Bybit CBRSUSDT+0.0337%8h205.89+0.005%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0382%1h205.96+0.039%$12K$5K10xas long as short
Gate CBRS_USDT+0.0382%8h206.30+0.204%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.132%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0645%4h205.70−0.086%$23K$220K10xas long as short