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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0790%/8h= +86.5% APRpaid last 24h −0.168%
Price spread now: edgeX against Ondo Perps+0.040%7-day average +0.015% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.516%−$52 on $10k
Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.040%, 7d avg +0.015%
Together, before fees−0.549%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$55 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.025% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.516%, 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 -0.516% in total (about -26.9% 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
LongOndo Perps CBRS-USD.P209.730.0050pay 0.0006% / 1h28m 51s$343K$924K10x
ShortedgeX CBRSUSDC209.810.0840get 0.0420% / 4h3h 28m$24K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Ondo Perps. 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
$165.89
Price spread: +0.040% → +0.015%
$2.5
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$154.39
Costs to cover
0.140%
Break-even
0.5 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell edgeX live order book, 43 min ago5.97 bp10.9 bp −$1116.7 bp −$167doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster CBRSUSDT0.0000%8h210.04+0.146%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.33+0.286%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.40+0.319%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30+0.272%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.33+0.286%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.81+0.038%$218$213K10xas long as short
SunX CBRS-USDT0.0000%8h210.41+0.324%$995$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.98+0.119%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.615%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0030%1h209.81+0.038%$97K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0031%1h210.09+0.172%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.01+0.134%$91K$846K10xas long as short
Phoenix CBRS+0.0038%1h209.42−0.148%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0042%1h210.04+0.148%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.89+0.076%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.Plong+0.0050%1h209.73long leg$343K$924K10x
KuCoin CBRSUSDTM+0.0100%8h210.00+0.129%$151K$122K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.76+0.014%$25K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.07+0.162%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.09+0.170%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0274%1h210.13+0.191%$12K$5K10xas long as short
Variational Omni CBRS+0.0432%8h209.86+0.061%$424K$321Kas long as short
Extended CBRS_24_5-USD+0.0456%1h210.24+0.242%$45K$266K10xas long as short
Binance CBRSUSDT+0.0459%8h210.32+0.279%$10.3M$29.7M25xas long as short
BloFin CBRS-USDT+0.0473%8h210.09+0.172%$147K$71K20xas long as short
edgeX CBRSUSDCshort+0.0840%4h209.81+0.040%$24K$222K10x