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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0145%/8h= +15.9% APRnext payment +$0.18 per $10,000 · paid last 24h +0.051%
Price spread now: QFEX against tradeXYZ+0.076%7-day average +0.107% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$440.442% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.080%+$8 on $10k
Price spread, last 7 days+0.028%+$3 · spread now +0.076%, 7d avg +0.107%
Together, before fees+0.109%+ Points / potential airdroptradeXYZ: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.030% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.076% now, against its 7-day average of +0.107%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.24−0.0108get 0.0013% / 1h12m 58s$42.9M$3.5M10x
ShortQFEX CBRS-USD209.400.0038get 0.0005% / 1h12m 58s$1.1M$3.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$30.55
Price spread: +0.076% → +0.107%
−$3.03
Slippage, 4 orders
−$16.23
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$16.71
Costs to cover
0.442%
Break-even
10.8 days
Slippage from tradeXYZ: live order book, 6 min ago; QFEX: live order book, 5 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, 6 min ago0.96 bp12.6 bp −$1314.5 bp −$145doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.43 bp9.3 bp −$917.8 bp −$178doesn't fitdoesn't fit

CBRS on 25 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:CBRSlong−0.0108%1h209.24long leg$42.9M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.382%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.43+0.092%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.54+0.143%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.41+0.081%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.48+0.115%$796$206K10xas long as short
SunX CBRS-USDT0.0000%8h209.76+0.249%$1K$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.47+0.110%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.59+0.167%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.10−0.067%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.37+0.062%$90K$850K10xas long as short
QFEX CBRS-USDshort+0.0038%1h209.40+0.076%$1.1M$3.3M10x
Phoenix CBRS+0.0038%1h209.35+0.053%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.36+0.057%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.42+0.086%$340K$740K10xas long as short
Gate CBRS_USDT+0.0066%8h209.60+0.172%$2.9M$3.0M50xas long as short
Bybit CBRSUSDT+0.0085%8h209.50+0.124%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.36+0.057%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.37+0.062%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.44+0.096%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.46+0.103%$24310xas long as short
Variational Omni CBRS+0.0316%8h209.46+0.103%$423K$124Kas long as short
Extended CBRS_24_5-USD+0.0336%1h209.42+0.088%$44K$271K10xas long as short
Binance CBRSUSDT+0.0337%8h209.48+0.117%$10.3M$29.5M25xas long as short
edgeX CBRSUSDC+0.0895%4h209.45+0.100%$24K$221K10xas long as short