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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0893%/8h= +97.8% APRpaid last 24h −0.124%
Price spread now: edgeX against Bitget−0.081%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$570.574% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.384%−$38 on $10k
Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.081%, 7d avg −0.014%
Together, before fees−0.357%+ Points / potential airdropedgeX: Active · farm board−$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.067% cheaper against Bitget than usual: you would sell low and buy high (spread −0.081% now, against its 7-day average of −0.014%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.384%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% 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
LongBitget CBRSUSDT209.310get 0.0000% / 8h5h 37m$2.4M$2.7M20x
ShortedgeX CBRSUSDC209.140.0893get 0.0446% / 4h1h 37m$24K$219K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$187.51
Price spread: −0.081% → −0.014%
−$6.73
Slippage, 4 orders
−$36.36
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$123.42
Costs to cover
0.574%
Break-even
2.4 days
Slippage from Bitget: live order book, 5 min ago; edgeX: live order book, 25 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 Bitget live order book, 5 min ago1.67 bp19.9 bp −$2030.4 bp −$30467.2 bp −$6,715doesn't fit
Sell edgeX live order book, 25 min ago5.50 bp10.3 bp −$1015.5 bp −$155doesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.416%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.11−0.095%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.33+0.010%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h209.31long leg$2.4M$2.7M20x
GRVT CBRS_USDT_Perp0.0000%8h209.26−0.026%$896$204K10xas long as short
Phoenix CBRS0.0000%1h208.98−0.158%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.61+0.143%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.28−0.014%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.96−0.167%$94K10xas long as short
Lighter CBRS+0.0032%1h208.97−0.162%$92K$830K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.20−0.053%$42.8M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.28−0.014%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.23−0.038%$340K$734K10xas long as short
QFEX CBRS-USD+0.0051%1h209.15−0.076%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.23−0.038%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.96−0.167%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.30−0.005%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.28−0.012%$24310xas long as short
Bybit CBRSUSDT+0.0119%8h209.36+0.024%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0168%8h209.50+0.091%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0231%8h209.13−0.084%$423K$115Kas long as short
BloFin CBRS-USDT+0.0241%8h209.20−0.053%$148K$70K20xas long as short
Extended CBRS_24_5-USD+0.0256%1h209.31+0.001%$46K$263K10xas long as short
Binance CBRSUSDT+0.0260%8h209.37+0.029%$10.3M$29.4M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0611%1h209.36+0.024%$12K$5K10xas long as short
edgeX CBRSUSDCshort+0.0893%4h209.14−0.081%$24K$219K10x