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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0066%/8h= +7.2% APRnext payment +$0.08 per $10,000 · paid last 24h +0.031%
Price spread now: Aevo against Phoenix+0.089%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aevo is 0.089% dearer against Phoenix than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix CBRS209.070.0038pay 0.0005% / 1h51m 04s$1K$108K10x
ShortAevo CBRS-PERP209.260.0104get 0.0013% / 1h51m 04s$24310x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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
$13.81
Price spread: +0.089% → 0.000%
$8.94
Slippage, 4 orders
no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$0.24
Costs to cover
0.230%
Break-even
7.1 days
Slippage unknown: Phoenix: live order book, 59 min ago; Aevo: no order-book sample. 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 Phoenix live order book, 59 min ago10.49 bp39.0 bp −$39112.7 bp −$1,127doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
tradeXYZ xyz:CBRS−0.0403%1h208.87−0.096%$42.7M$3.6M10xas long as short
edgeX CBRSUSDC−0.0343%4h209.38+0.149%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.14+0.035%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.18+0.053%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.18+0.053%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h209.56+0.234%$463$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.51+0.210%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.02−0.024%$94K10xas long as short
Lighter CBRS+0.0032%1h209.10+0.014%$90K$834K10xas long as short
Phoenix CBRSlong+0.0038%1h209.07long leg$1K$108K10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CBRS_USDT_Perp+0.0045%8h209.42+0.167%$620$209K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.16+0.043%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h209.24+0.081%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.28+0.100%$114K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.46+0.187%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.25+0.086%$828$1K10xas long as short
Aevo CBRS-PERPshort+0.0104%1h209.26+0.089%$24310x
Variational Omni CBRS+0.0111%8h209.28+0.102%$422K$90Kas long as short
BloFin CBRS-USDT+0.0166%8h209.40+0.158%$148K$70K20xas long as short
Extended CBRS_24_5-USD+0.0168%1h209.21+0.066%$45K$263K10xas long as short
Binance CBRSUSDT+0.0172%8h209.08+0.005%$10.1M$29.5M25xas long as short
Ondo Perps CBRS-USD.P+0.0234%1h209.10+0.014%$340K$719K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.574%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0391%8h209.15+0.038%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0399%8h209.40+0.158%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0947%1h209.19+0.057%$12K$5K10xas long as short