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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0853%/8h= −93.4% APRpaid last 24h −0.102%
Price spread now: edgeX against OKX+0.301%71s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$660.664% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.322%−$32 on $10k
Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.301%, 7d avg +0.012%
Together, before fees−0.620%+ Points / potential airdropedgeX: Active · farm board−$62 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.289% dearer against OKX than usual: you sell high and buy low (spread +0.301% now, against its 7-day average of +0.012%): +$29 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 27 hours. At the pace of the last 7 days (−0.322% in total) that is about 6.3 days. The two prices were read 71 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 -0.322% in total (about -16.8% 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
LongOKX CBRS-USDT-SWAP207.280get 0.0000% / 8h3h 22m$2.2M$3.5M25x
ShortedgeX CBRSUSDC207.90−0.0853pay 0.0426% / 4h3h 22m$23K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
−$179.05
Price spread: +0.301% → +0.012%
$28.88
Slippage, 4 orders
−$47.42
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$216.59
Costs to cover
0.664%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: live order book, 30 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 OKX live order book, 5 min ago0.96 bp20.9 bp −$2165.8 bp −$658doesn't fitdoesn't fit
Sell edgeX live order book, 30 min ago6.45 bp11.4 bp −$1116.8 bp −$168doesn'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 CBRSUSDCshort−0.0853%4h207.90+0.301%$23K$220K10x
tradeXYZ xyz:CBRS−0.0331%1h206.97−0.150%$42.3M$3.7M10xas long as short
Aster CBRSUSDT0.0000%8h206.82−0.222%$65K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h207.28long leg$2.2M$3.5M25x
Bitget CBRSUSDT0.0000%8h207.29+0.005%$2.4M$2.4M20xas long as short
SunX CBRS-USDT0.0000%8h207.26−0.010%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h207.13−0.072%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0018%1h206.90−0.183%$98K10xas long as short
Lighter CBRS+0.0032%1h206.83−0.217%$89K$856K10xas long as short
Phoenix CBRS+0.0038%1h207.56+0.135%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h207.08−0.096%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.73−0.265%$337K$716K10xas long as short
GRVT CBRS_USDT_Perp+0.0056%8h207.02−0.125%$683$212K10xas long as short
QFEX CBRS-USD+0.0063%1h207.08−0.096%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0076%8h207.33+0.023%$418K$85Kas long as short
KuCoin CBRSUSDTM+0.0100%8h207.34+0.029%$114K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h207.81+0.256%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.98−0.145%$819$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h207.06−0.106%$24010xas long as short
Binance CBRSUSDT+0.0125%8h207.02−0.125%$10.1M$29.7M25xas long as short
Extended CBRS_24_5-USD+0.0128%1h207.19−0.045%$48K$258K10xas long as short
BloFin CBRS-USDT+0.0146%8h207.00−0.135%$146K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.442%$115K$116K10xas long as short
Gate CBRS_USDT+0.0344%8h207.20−0.039%$2.8M$2.9M50xas long as short
Bybit CBRSUSDT+0.0344%8h207.16−0.058%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1008%1h206.98−0.145%$12K$5K10xas long as short