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: BloFin against edgeX+0.047%221s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs+$12as 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 for this trade now. Funding pays +$32 a day on $10k at the current rate, and BloFin is 0.035% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 221 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
LongedgeX CBRSUSDC209.27−0.0654get 0.0327% / 4h2h 45m$24K$220K10x
ShortBloFin CBRS-USDT209.370.0414get 0.0414% / 8h6h 45m$148K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$224.24
Price spread: +0.047% → +0.012%
$3.46
Slippage, 4 orders
−$22.77
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$183.92
Costs to cover
0.438%
Break-even
1.3 days
Slippage from edgeX: live order book, 22 min ago; BloFin: live order book, 6 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, 22 min ago5.48 bp10.4 bp −$1016.3 bp −$163doesn't fitdoesn't fit
Sell BloFin live order book, 6 min ago0.95 bp12.7 bp −$1326.4 bp −$264doesn'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 CBRSUSDClong−0.0654%4h209.27long leg$24K$220K10x
Deribit CBRS_USDC-PERPETUAL−0.0514%1h209.20−0.034%$12K$5K10xas long as short
tradeXYZ xyz:CBRS−0.0359%1h209.02−0.120%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.397%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.38+0.050%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.30+0.014%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.29+0.009%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.40+0.061%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.22−0.025%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.43+0.078%$475$210K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CBRS-USDT0.0000%8h209.56+0.138%$1K$3.1M10xas long as short
HTX CBRS-USDT0.0000%8h209.44+0.080%$9K$9K20xas long as short
Polymarket Perps CBRS-USD+0.0013%1h209.02−0.120%$53K$1.1M10xas long as short
Vest CBRS-USD-PERP+0.0020%1h208.88−0.187%$98K10xas long as short
Lighter CBRS+0.0032%1h209.25−0.010%$90K$842K10xas long as short
QFEX CBRS-USD+0.0038%1h209.16−0.053%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.37+0.047%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.24−0.015%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.38+0.052%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.44+0.080%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.30+0.014%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.33+0.029%$24310xas long as short
Variational Omni CBRS+0.0366%8h209.23−0.021%$423K$235Kas long as short
Extended CBRS_24_5-USD+0.0392%1h209.19−0.037%$46K$268K10xas long as short
Binance CBRSUSDT+0.0392%8h209.25−0.010%$10.2M$29.6M25xas long as short
BloFin CBRS-USDTshort+0.0414%8h209.37+0.047%$148K$71K20x