Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0968%/8h= +106.0% APRpaid last 24h −0.204%

Price spread now: edgeX against GRVT+0.008%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$530.534% of the position

Long on GRVT Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.557%−$56 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.008%, 7d avg −0.007%

Together, before fees−0.574%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$57 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: +$29 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.557%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.557% in total (about -29.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT CBRS_USDT_Perp	210.10	0	get 0.0000% / 8h	5h 12m	$366	$205K	10x
Short	edgeX CBRSUSDC	210.12	0.0968	get 0.0484% / 4h	1h 12m	$24K	$221K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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

Position, each leg$Hold fordaysFee GRVTbpFee edgeXbpOrdersPrice spread, now +0.008%Rate

Funding earned: $203.21
Price spread: +0.008% → −0.007%: $1.45
Slippage, 4 orders: −$35.42
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $151.23
Costs to cover: 0.534%
Break-even: 1.8 days

Slippage from GRVT: live order book, 50 min ago; edgeX: live order book, 50 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 50 min ago	2.63 bp	19.6 bp −$20	41.3 bp −$413	doesn't fit	doesn't fit
Sell edgeX live order book, 50 min ago	5.50 bp	10.3 bp −$10	15.5 bp −$155	doesn't fit	doesn't fit

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Coinbase International CBRS-PERP-INTX	−0.0056%	1h	208.44	−0.791%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	210.11	+0.004%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.13	+0.014%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	210.08	−0.010%	$2.4M	$2.7M	20x	as long as short
GRVT CBRS_USDT_Perplong	0.0000%	8h	210.10	long leg	$366	$205K	10x
Phoenix CBRS	0.0000%	1h	209.92	−0.086%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.31	+0.099%	$827	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.17	+0.033%	$9K	$9K	20x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	209.51	−0.281%	—	$94K	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.90	−0.096%	$90K	$831K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.88	−0.105%	$43.0M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	210.00	−0.048%	$55K	$1.1M	10x	as long as short
QFEX CBRS-USD	+0.0051%	1h	210.00	−0.048%	$1.1M	$3.3M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0086%	1h	210.16	+0.028%	$340K	$734K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.88	−0.105%	$114K	$116K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.68	−0.200%	$25K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	210.07	−0.015%	$863	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	210.10	0.000%	$244	—	10x	as long as short
Variational Omni CBRS	+0.0216%	8h	210.13	+0.016%	$424K	$110K	—	as long as short
Bybit CBRSUSDT	+0.0232%	8h	210.18	+0.038%	$2.1M	$1.9M	25x	as long as short
BloFin CBRS-USDT	+0.0254%	8h	210.22	+0.057%	$105K	$69K	20x	as long as short
Gate CBRS_USDT	+0.0261%	8h	210.20	+0.047%	$2.9M	$3.0M	50x	as long as short
Binance CBRSUSDT	+0.0277%	8h	210.08	−0.012%	$10.3M	$29.4M	25x	as long as short
Extended CBRS_24_5-USD	+0.0280%	1h	210.01	−0.042%	$44K	$262K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0512%	1h	210.07	−0.015%	$12K	$5K	10x	as long as short
edgeX CBRSUSDCshort	+0.0968%	4h	210.12	+0.008%	$24K	$221K	10x