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+0.0249%/8h= +27.2% APRpaid last 24h +0.026%
Price spread now: Ondo Perps against Aster−0.067%7-day average −0.019% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.139%+$14 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.067%, 7d avg −0.019%
Together, before fees+0.126%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.049% cheaper against Aster than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of −0.019%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.139% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.139% in total (about 7.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT206.980get 0.0000% / 8h2h 54m$65K$147K20x
ShortOndo Perps CBRS-USD.P206.840.0249get 0.0031% / 1h54m 36s$337K$716K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$52.25
Price spread: −0.067% → −0.019%
−$4.87
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$34.37
Costs to cover
0.130%
Break-even
2.4 days
Slippage unknown: Aster: live order book, 57 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 57 min ago4.30 bp27.9 bp −$28277.7 bp −$2,777doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CBRSUSDC−0.0765%4h206.76−0.107%$23K$220K10xas long as short
Bitget CBRSUSDT−0.0306%8h206.93−0.024%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0233%1h206.79−0.092%$42.3M$3.8M10xas long as short
Aster CBRSUSDTlong0.0000%8h206.98long leg$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h206.94−0.019%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h207.20+0.106%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.97−0.005%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0016%1h206.55−0.208%$104K10xas long as short
QFEX CBRS-USD+0.0024%1h206.93−0.024%$1.1M$3.1M10xas long as short
Phoenix CBRS+0.0038%1h206.47−0.246%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.77−0.101%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0070%8h207.07+0.043%$403K$92Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.70−0.135%$116K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.67−0.150%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.86−0.058%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.84−0.068%$24010xas long as short
BloFin CBRS-USDT+0.0105%8h206.97−0.005%$148K$69K20xas long as short
GRVT CBRS_USDT_Perp+0.0107%8h206.84−0.067%$213$212K10xas long as short
Binance CBRSUSDT+0.0135%8h206.98−0.002%$10.1M$30.0M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h206.90−0.040%$44K$390K10xas long as short
Lighter CBRS+0.0152%1h206.73−0.121%$90K$854K10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0249%1h206.84−0.067%$337K$716K10x
Bybit CBRSUSDT+0.0310%8h206.93−0.024%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0342%8h207.10+0.058%$2.8M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+1.590%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1881%1h206.92−0.029%$12K$5K10xas long as short