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+0.0050%/8h= +5.5% APRpaid last 24h −0.031%
Price spread now: tradeXYZ against Aster−0.002%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$680.680% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 4 days (all we have)−0.145%−$14 · spread now −0.002%, 7d avg −0.102%
Together, before fees−0.358%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and tradeXYZ is 0.100% dearer against Aster than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.213%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT209.150get 0.0000% / 8h44m 22s$66K$147K20x
ShorttradeXYZ xyz:CBRS209.140.0050get 0.0006% / 1h44m 22s$42.8M$3.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$10.5
Price spread: −0.002% → −0.102%
$9.99
Slippage, 4 orders
−$42.03
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$47.54
Costs to cover
0.680%
Break-even
38.7 days
Slippage from Aster: live order book, 32 min ago; tradeXYZ: 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 Aster live order book, 32 min ago5.02 bp24.0 bp −$24271.8 bp −$2,718doesn't fitdoesn't fit
Sell tradeXYZ live order book, 5 min ago1.20 bp11.1 bp −$11doesn'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
Aster CBRSUSDTlong0.0000%8h209.15long leg$66K$147K20x
Bybit CBRSUSDT0.0000%8h209.40+0.122%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.41+0.127%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.122%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.34+0.093%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.36+0.103%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.63+0.232%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.47+0.155%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.337%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0016%1h208.98−0.079%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0021%1h209.30+0.074%$1.1M$3.4M10xas long as short
tradeXYZ xyz:CBRSshort+0.0050%1h209.14−0.002%$42.8M$3.6M10x
Polymarket Perps CBRS-USD+0.0050%1h209.16+0.007%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.27+0.060%$347K$913K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.40+0.122%$12K$4K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11−0.017%$143K$93K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.08−0.031%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.27+0.060%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.43+0.134%$24310xas long as short
Lighter CBRS+0.0216%1h209.44+0.141%$93K$861K10xas long as short
edgeX CBRSUSDC+0.0318%4h209.37+0.107%$24K$221K10xas long as short
Variational Omni CBRS+0.0405%8h209.37+0.107%$423K$321Kas long as short
Extended CBRS_24_5-USD+0.0440%1h209.22+0.038%$43K$246K10xas long as short
Binance CBRSUSDT+0.0445%8h209.30+0.073%$10.3M$30.0M25xas long as short
BloFin CBRS-USDT+0.0464%8h209.39+0.117%$146K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0548%8h209.42+0.131%$477$227K10xas long as short