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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0246%/8h= +27.0% APRnext payment +$2.46 per $10,000 · paid last 24h +0.041%
Price spread now: BloFin against Aster+0.127%52s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$720.722% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.171%+$17 on $10k
Price spread, last 3 days (all we have)−0.185%−$19 · spread now +0.127%, 7d avg +0.014%
Together, before fees−0.014%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.114% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.014%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT209.070get 0.0000% / 8h1h 28m$66K$147K20x
ShortBloFin CBRS-USDT209.340.0246get 0.0246% / 8h1h 28m$146K$70K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$51.69
Price spread: +0.127% → +0.014%
$11.37
Slippage, 4 orders
−$52.22
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$9.16
Costs to cover
0.722%
Break-even
8.2 days
Slippage from Aster: live order book, 53 min ago; BloFin: live order book, 45 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 Aster live order book, 53 min ago4.55 bp25.0 bp −$25282.0 bp −$2,820doesn't fitdoesn't fit
Sell BloFin live order book, 45 min ago1.20 bp11.0 bp −$1123.9 bp −$239doesn'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
tradeXYZ xyz:CBRS−0.0058%1h209.10+0.012%$42.8M$3.6M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0008%1h208.44−0.303%$114K$114K10xas long as short
Aster CBRSUSDTlong0.0000%8h209.07long leg$66K$147K20x
Bybit CBRSUSDT0.0000%8h209.37+0.142%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.33+0.122%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.156%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h209.25+0.084%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.03−0.021%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h209.55+0.228%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.36+0.137%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0021%1h209.07−0.002%$90K10xas long as short
QFEX CBRS-USD+0.0027%1h209.29+0.103%$1.1M$3.3M10xas long as short
Lighter CBRS+0.0032%1h209.08+0.003%$90K$890K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.22+0.070%$31K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.28+0.099%$349K$915K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11+0.017%$143K$96K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.86−0.102%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.32+0.118%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.42+0.166%$24310xas long as short
Variational Omni CBRS+0.0171%8h209.33+0.122%$422K$321Kas long as short
Extended CBRS_24_5-USD+0.0232%1h209.32+0.118%$43K$246K10xas long as short
Binance CBRSUSDT+0.0232%8h209.36+0.137%$10.3M$30.3M25xas long as short
BloFin CBRS-USDTshort+0.0246%8h209.34+0.127%$146K$70K20x
GRVT CBRS_USDT_Perp+0.0381%8h209.32+0.118%$689$235K10xas long as short
edgeX CBRSUSDC+0.0456%4h209.37+0.140%$24K$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1473%1h209.33+0.122%$12K$52K10xas long as short