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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0824%/8h= +90.2% APRpaid last 24h +0.150%
Price spread now: Coinbase International against edgeX+1.802%7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs+$15as in the Funding arb table
Net, price: spread back to 7d avg − costs+$140as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.617%+$62 on $10k
Price spread, last 4 days (all we have)−1.893%−$189 · spread now +1.802%, 7d avg −0.067%
Together, before fees−1.275%+ Points / potential airdropedgeX: Active · farm board−$128 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Coinbase International is 1.868% dearer against edgeX than usual: you sell high and buy low: +$187 more if the spread goes back to its 7-day average of −0.067%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC206.55−0.0224get 0.0112% / 4h1h 57m$23K$220K10x
ShortCoinbase International CBRS-PERP-INTX210.270.0600get 0.0075% / 1h57m 19s$115K$116K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$172.95
Price spread: +1.802% → −0.067%
$186.82
Slippage, 4 orders
−$27.64
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$313.13
Costs to cover
0.466%
Break-even
from the start
Slippage from edgeX: live order book, 50 min ago; Coinbase International: live order book, 50 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, 50 min ago5.55 bp10.5 bp −$1015.8 bp −$158doesn't fitdoesn't fit
Sell Coinbase International live order book, 50 min ago6.76 bp12.9 bp −$1324.7 bp −$247doesn'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−0.0527%8h206.50−0.024%$2.4M$2.5M20xas long as short
edgeX CBRSUSDClong−0.0224%4h206.55long leg$23K$220K10x
tradeXYZ xyz:CBRS−0.0070%1h206.20−0.169%$42.1M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.67+0.059%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.58+0.015%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h206.37−0.086%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.96+0.199%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.79+0.117%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0016%1h206.05−0.241%$107K10xas long as short
Lighter CBRS+0.0032%1h206.40−0.072%$90K$870K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.26−0.140%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.67+0.059%$336K$719K10xas long as short
QFEX CBRS-USD+0.0080%1h206.45−0.048%$1.1M$3.0M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.42−0.062%$114K$110K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.67+0.059%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.42−0.062%$816$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.44−0.050%$23910xas long as short
Variational Omni CBRS+0.0109%8h206.63+0.038%$417K$94Kas long as short
Extended CBRS_24_5-USD+0.0160%1h206.40−0.072%$44K$389K10xas long as short
Binance CBRSUSDT+0.0161%8h206.48−0.033%$10.1M$30.5M25xas long as short
BloFin CBRS-USDT+0.0172%8h206.58+0.015%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0223%8h206.66+0.056%$333$214K10xas long as short
Bybit CBRSUSDT+0.0366%8h206.63+0.039%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0371%8h206.70+0.073%$2.9M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0573%1h206.61+0.030%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTXshort+0.0600%1h210.27+1.802%$115K$116K10x