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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0361%/8h= +39.5% APRpaid last 24h +0.145%
Price spread now: Bybit against edgeX−0.025%91s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$600.599% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.442%+$44 on $10k
Price spread, last 3 days (all we have)+0.032%+$3 · spread now −0.025%, 7d avg −0.003%
Together, before fees+0.474%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.022% cheaper against edgeX than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of −0.003%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$11 a day). The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC208.57−0.0361get 0.0180% / 4h2h 22m$24K$219K10x
ShortBybit CBRSUSDT208.520get 0.0000% / 8h2h 22m$2.0M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$75.71
Price spread: −0.025% → −0.003%
−$2.17
Slippage, 4 orders
−$39.86
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$13.68
Costs to cover
0.599%
Break-even
5.7 days
Slippage from edgeX: live order book, 65 min ago; Bybit: live order book, 5 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, 65 min ago5.28 bp10.1 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago1.92 bp16.3 bp −$16138.5 bp −$1,385doesn'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−0.0361%4h208.57long leg$24K$219K10x
tradeXYZ xyz:CBRS−0.0092%1h208.35−0.107%$42.7M$3.6M10xas long as short
Phoenix CBRS−0.0038%1h208.45−0.059%$1K$112K10xas long as short
Aster CBRSUSDT0.0000%8h208.37−0.099%$65K$147K20xas long as short
Bybit CBRSUSDTshort0.0000%8h208.52−0.025%$2.0M$1.9M25x
OKX CBRS-USDT-SWAP0.0000%8h208.45−0.059%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.60+0.013%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.52−0.025%$2.4M$2.9M20xas long as short
Variational Omni CBRS0.0000%8h208.60+0.012%$421K$321Kas long as short
SunX CBRS-USDT0.0000%8h208.75+0.085%$1K$3.4M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.51−0.030%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.57−0.001%$9K$6K20xas long as short
Binance CBRSUSDT+0.0016%8h208.56−0.006%$10.2M$30.3M25xas long as short
Extended CBRS_24_5-USD+0.0016%1h208.50−0.035%$43K$246K10xas long as short
QFEX CBRS-USD+0.0017%1h208.47−0.049%$1.1M$3.2M10xas long as short
Vest CBRS-USD-PERP+0.0021%1h208.15−0.203%$89K10xas long as short
BloFin CBRS-USDT+0.0021%8h208.62+0.023%$146K$70K20xas long as short
Lighter CBRS+0.0032%1h208.43−0.068%$90K$932K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h208.39−0.087%$24K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.43−0.068%$329K$883K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0072%1h208.24−0.159%$113K$113K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.30−0.131%$142K$96K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.22−0.169%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.53−0.020%$856$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.52−0.023%$24210xas long as short
GRVT CBRS_USDT_Perp+0.0189%8h208.54−0.015%$907$242K10xas long as short