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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.071%
Price spread now: KuCoin against tradeXYZ+0.043%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$376as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4224.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.462%+$46 on $10k
Price spread, last 4 days (all we have)+0.394%+$39 · spread now +0.043%, 7d avg +0.090%
Together, before fees+0.856%+ Points / potential airdroptradeXYZ: Active · farm board+$86 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.047% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.090%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.462% in total) that is about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.930.0050pay 0.0006% / 1h59m 12s$43.0M$3.5M10x
ShortKuCoin CBRSUSDTM210.020.0100get 0.0100% / 8h4h 59m$115K$115K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$10.5
Price spread: +0.043% → +0.090%
−$4.68
Slippage, 4 orders
−$392.16
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$416.35
Costs to cover
4.222%
Break-even
284.6 days
Slippage from tradeXYZ: live order book, 10 min ago; KuCoin: 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 tradeXYZ live order book, 10 min ago0.48 bp9.7 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 15 min ago9.76 bp159.3 bp −$159doesn'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
edgeX CBRSUSDC−0.0412%4h210.12+0.089%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h210.07+0.069%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.27+0.162%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.11+0.086%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h210.03+0.048%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.36+0.205%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.21+0.133%$9K$9K20xas long as short
GRVT CBRS_USDT_Perp+0.0018%8h210.19+0.125%$511$205K10xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.110%$94K10xas long as short
Lighter CBRS+0.0032%1h210.00+0.033%$90K$818K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRSlong+0.0050%1h209.93long leg$43.0M$3.5M10x
Polymarket Perps CBRS-USD+0.0050%1h210.05+0.057%$54K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h210.12+0.091%$341K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h210.09+0.076%$1.1M$3.2M10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h210.02+0.043%$115K$115K20x
ApeX Omni CBRSUSDT+0.0100%1h209.97+0.019%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.05+0.057%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.12+0.088%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.162%$115K$116K10xas long as short
Variational Omni CBRS+0.0218%8h210.11+0.088%$425K$106Kas long as short
BloFin CBRS-USDT+0.0246%8h210.14+0.100%$148K$69K20xas long as short
Binance CBRSUSDT+0.0262%8h210.12+0.092%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0264%1h210.07+0.066%$45K$262K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0274%1h210.12+0.091%$12K$5K10xas long as short
Bybit CBRSUSDT+0.0286%8h210.26+0.157%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0288%8h210.30+0.176%$2.9M$2.9M50xas long as short