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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0260%/8h= +28.5% APRnext payment +$0.32 per $10,000 · paid last 24h +0.080%
Price spread now: Extended against tradeXYZ+0.176%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$570.570% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.337%+$34 on $10k
Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.176%, 7d avg +0.083%
Together, before fees+0.248%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.093% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.083%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS206.49−0.0100get 0.0012% / 1h7m 15s$42.2M$4.0M10x
ShortExtended CBRS_24_5-USD206.850.0160get 0.0020% / 1h7m 15s$44K$389K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$54.56
Price spread: +0.176% → +0.083%
$9.32
Slippage, 4 orders
−$34
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$6.88
Costs to cover
0.570%
Break-even
6.1 days
Slippage from tradeXYZ: live order book, 12 min ago; Extended: live order book, 40 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, 12 min ago0.73 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 40 min ago2.17 bp16.0 bp −$16243.6 bp −$2,436doesn'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−0.0598%8h206.96+0.228%$2.4M$2.5M20xas long as short
edgeX CBRSUSDC−0.0495%4h206.88+0.188%$23K$220K10xas long as short
tradeXYZ xyz:CBRSlong−0.0100%1h206.49long leg$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h207.01+0.251%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.92+0.208%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h206.62+0.063%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h207.36+0.421%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.83+0.165%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.55+0.029%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.77+0.136%$1.1M$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h206.74+0.121%$90K$887K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.59+0.048%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0092%8h206.91+0.205%$417K$96Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.63+0.068%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.59+0.048%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.93+0.213%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.94+0.220%$24010xas long as short
Binance CBRSUSDT+0.0156%8h206.93+0.215%$10.1M$30.4M25xas long as short
Extended CBRS_24_5-USDshort+0.0160%1h206.85+0.176%$44K$389K10x
BloFin CBRS-USDT+0.0168%8h206.94+0.218%$145K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0195%8h206.90+0.200%$557$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0209%1h206.81+0.155%$336K$719K10xas long as short
Bybit CBRSUSDT+0.0336%8h206.98+0.237%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0359%8h207.20+0.344%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+1.831%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1105%1h206.90+0.199%$12K$5K10xas long as short