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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0182%/8h= −20.0% APRpaid last 24h +0.026%
Price spread now: Bitget against edgeX−0.059%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$680.678% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.304%+$30 on $10k
Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.059%, 7d avg +0.010%
Together, before fees+0.417%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.068% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.304%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC205.85−0.0056get 0.0028% / 4h3h 13m$23K$222K10x
ShortBitget CBRSUSDT205.73−0.0238pay 0.0238% / 8h7h 13m$2.4M$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
−$38.29
Price spread: −0.059% → +0.010%
−$6.82
Slippage, 4 orders
−$46.79
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$112.9
Costs to cover
0.678%
Break-even
never at this rate
Slippage from edgeX: live order book, 19 min ago; Bitget: live order book, 4 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 edgeX live order book, 19 min ago5.39 bp10.2 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.67 bp25.9 bp −$2630.8 bp −$30885.1 bp −$8,514doesn'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
Deribit CBRS_USDC-PERPETUAL−0.1254%1h205.78−0.034%$12K$5K10xas long as short
Bitget CBRSUSDTshort−0.0238%8h205.73−0.059%$2.4M$2.6M20x
Lighter CBRS−0.0096%1h205.84−0.005%$92K$1.1M10xas long as short
GRVT CBRS_USDT_Perp−0.0095%8h205.80−0.022%$589$218K10xas long as short
tradeXYZ xyz:CBRS−0.0065%1h205.77−0.039%$42.1M$4.0M10xas long as short
edgeX CBRSUSDClong−0.0056%4h205.85long leg$23K$222K10x
Phoenix CBRS−0.0039%1h205.79−0.030%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0027%8h205.71−0.068%$146K$72K20xas long as short
Aster CBRSUSDT0.0000%8h205.80−0.024%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.76−0.046%$46K$383K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDT0.0000%8h205.78−0.035%$10.2M$31.9M25xas long as short
Bybit CBRSUSDT0.0000%8h205.92+0.034%$2.1M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.69−0.078%$2.2M$3.5M25xas long as short
Gate CBRS_USDT0.0000%8h206.00+0.072%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h205.90+0.022%$395K$101Kas long as short
SunX CBRS-USDT0.0000%8h206.26+0.199%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h205.95+0.048%$9K$10K20xas long as short
Ondo Perps CBRS-USD.P+0.0014%1h205.80−0.025%$333K$720K10xas long as short
Vest CBRS-USD-PERP+0.0016%1h205.44−0.200%$107K10xas long as short
QFEX CBRS-USD+0.0017%1h205.62−0.112%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.14+0.140%$51K$471K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.83−0.010%$814$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.87+0.009%$112K$170K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.83−0.010%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.77−0.038%$23910xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.147%$115K$108K10xas long as short