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−0.1068%/8h= −116.9% APRpaid last 24h −0.215%
Price spread now: edgeX against BloFin−0.047%341s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.438% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.555%−$55 on $10k
Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.047%, 7d avg −0.012%
Together, before fees−0.462%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and edgeX is 0.035% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.012%). Swap the legs. The two prices were read 341 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 -0.555% in total (about -28.9% 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
LongBloFin CBRS-USDT209.370.0414pay 0.0414% / 8h6h 42m$148K$71K20x
ShortedgeX CBRSUSDC209.27−0.0654pay 0.0327% / 4h2h 42m$24K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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
−$224.24
Price spread: −0.047% → −0.012%
−$3.45
Slippage, 4 orders
−$22.77
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$271.46
Costs to cover
0.438%
Break-even
never at this rate
Slippage from BloFin: live order book, 9 min ago; edgeX: live order book, 24 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 BloFin live order book, 9 min ago0.95 bp10.3 bp −$1022.4 bp −$224doesn't fitdoesn't fit
Sell edgeX live order book, 24 min ago5.48 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
edgeX CBRSUSDCshort−0.0654%4h209.27−0.047%$24K$220K10x
tradeXYZ xyz:CBRS−0.0379%1h208.95−0.201%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.444%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.25−0.058%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.29−0.038%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.22−0.072%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.30−0.033%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.18−0.091%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.25−0.057%$475$210K10xas long as short
SunX CBRS-USDT0.0000%8h209.67+0.143%$1K$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.32−0.024%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h209.370.000%$9K$9K20xas long as short
Polymarket Perps CBRS-USD+0.0005%1h209.34−0.014%$53K$1.1M10xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.89−0.229%$98K10xas long as short
Lighter CBRS+0.0032%1h209.03−0.162%$90K$842K10xas long as short
QFEX CBRS-USD+0.0038%1h209.08−0.139%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.370.000%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.23−0.067%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.26−0.053%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.44+0.033%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.32−0.024%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.27−0.048%$24310xas long as short
Variational Omni CBRS+0.0366%8h209.23−0.068%$423K$235Kas long as short
Extended CBRS_24_5-USD+0.0376%1h209.19−0.086%$46K$268K10xas long as short
Binance CBRSUSDT+0.0378%8h209.22−0.071%$10.2M$29.6M25xas long as short
BloFin CBRS-USDTlong+0.0414%8h209.37long leg$148K$71K20x