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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h −0.052%
Price spread now: Aster against Coinbase International−1.887%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$269as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 4 days (all we have)+1.983%+$198 · spread now −1.887%, 7d avg +0.063%
Together, before fees+1.656%+ Points / potential airdropAster: Stage 5 · farm board+$166 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 1.949% cheaper against Coinbase International than usual: you would sell low and buy high (−$195 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0464pay 0.0058% / 1h16m 41s$115K$116K10x
ShortAster CBRSUSDT206.300get 0.0000% / 8h2h 16m$65K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$97.44
Price spread: −1.887% → +0.063%
−$194.93
Slippage, 4 orders
−$56.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$366.71
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 31 min ago; Aster: live order book, 30 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 Coinbase International live order book, 31 min ago6.76 bp12.8 bp −$1323.7 bp −$237doesn't fitdoesn't fit
Sell Aster live order book, 30 min ago4.59 bp20.8 bp −$2162.6 bp −$626doesn'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
Bitget CBRSUSDT−0.0682%8h206.13−1.969%$2.4M$2.4M20xas long as short
edgeX CBRSUSDC−0.0336%4h205.77−2.142%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0194%1h205.86−2.097%$42.1M$3.9M10xas long as short
Aster CBRSUSDTshort0.0000%8h206.30−1.887%$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h206.16−1.955%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h206.02−2.021%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.29−1.893%$1K$2.9M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.07−1.997%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h205.88−2.088%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h205.71−2.169%$107K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0024%1h206.03−2.016%$1.1M$3.1M10xas long as short
Lighter CBRS+0.0032%1h206.06−2.002%$90K$885K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.84−2.107%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0078%8h205.81−2.122%$400K$84Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.06−2.002%$114K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.09−1.988%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.10−1.983%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.11−1.977%$23910xas long as short
BloFin CBRS-USDT+0.0123%8h206.19−1.940%$146K$70K20xas long as short
Binance CBRSUSDT+0.0138%8h206.10−1.985%$10.1M$30.3M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.04−2.013%$44K$389K10xas long as short
Ondo Perps CBRS-USD.P+0.0159%1h206.12−1.974%$335K$716K10xas long as short
GRVT CBRS_USDT_Perp+0.0184%8h206.21−1.931%$600$213K10xas long as short
Bybit CBRSUSDT+0.0293%8h206.19−1.940%$2.0M$2.0M25xas long as short
Gate CBRS_USDT+0.0337%8h206.20−1.936%$2.8M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0464%1h210.27long leg$115K$116K10x