Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.031%

Price spread now: Aevo against Aster−0.043%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.043% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster CBRSUSDT	206.93	0	get 0.0000% / 8h	2h 55m	$65K	$147K	20x
Short	Aevo CBRS-PERP	206.84	0.0104	get 0.0013% / 1h	55m 17s	$240	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee AevobpOrdersPrice spread, now −0.043%Rate

Funding earned: $21.84
Price spread: −0.043% → 0.000%: −$4.26
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$6.42
Costs to cover: 0.240%
Break-even: 9.1 days

Slippage unknown: Aster: live order book, 56 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 56 min ago	4.30 bp	27.9 bp −$28	277.7 bp −$2,777	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CBRSUSDC	−0.0765%	4h	206.76	−0.082%	$23K	$220K	10x	as long as short
Bitget CBRSUSDT	−0.0301%	8h	206.90	−0.014%	$2.4M	$2.4M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0167%	1h	206.83	−0.047%	$42.3M	$3.8M	10x	as long as short
Aster CBRSUSDTlong	0.0000%	8h	206.93	long leg	$65K	$147K	20x
OKX CBRS-USDT-SWAP	0.0000%	8h	206.90	−0.014%	$2.2M	$3.5M	25x	as long as short
SunX CBRS-USDT	0.0000%	8h	207.20	+0.131%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	206.97	+0.020%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0016%	1h	206.53	−0.192%	—	$104K	10x	as long as short
QFEX CBRS-USD	+0.0024%	1h	206.92	−0.004%	$1.1M	$3.1M	10x	as long as short
Phoenix CBRS	+0.0038%	1h	206.47	−0.221%	$1K	$108K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USD	+0.0050%	1h	206.84	−0.043%	$51K	$1.1M	10x	as long as short
Variational Omni CBRS	+0.0070%	8h	207.07	+0.068%	$403K	$92K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	206.69	−0.115%	$116K	$113K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	206.67	−0.125%	$24K	$140K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.86	−0.033%	$818	$1K	10x	as long as short
Aevo CBRS-PERPshort	+0.0104%	1h	206.84	−0.043%	$240	—	10x
BloFin CBRS-USDT	+0.0105%	8h	206.97	+0.020%	$148K	$69K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0107%	8h	206.84	−0.043%	$213	$212K	10x	as long as short
Binance CBRSUSDT	+0.0133%	8h	206.98	+0.024%	$10.1M	$30.0M	25x	as long as short
Extended CBRS_24_5-USD	+0.0136%	1h	206.91	−0.007%	$44K	$390K	10x	as long as short
Lighter CBRS	+0.0152%	1h	206.72	−0.101%	$90K	$854K	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0235%	1h	206.84	−0.043%	$337K	$716K	10x	as long as short
Bybit CBRSUSDT	+0.0313%	8h	206.73	−0.096%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0343%	8h	207.00	+0.035%	$2.8M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0464%	1h	210.27	+1.615%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.1881%	1h	206.92	−0.004%	$12K	$5K	10x	as long as short