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−0.1004%/8h= −109.9% APRpaid last 24h −0.147%
Price spread now: edgeX against QFEX+0.031%57s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.412% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.395%−$39 on $10k
Price spread, last 3 days (all we have)−0.070%−$7 · spread now +0.031%, 7d avg −0.017%
Together, before fees−0.464%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.048% dearer against QFEX than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.017%): +$5 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 3 days (−0.395% in total) that is about 10 hours. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD209.790.0031pay 0.0004% / 1h29m 45s$1.1M$3.4M10x
ShortedgeX CBRSUSDC209.85−0.0973pay 0.0486% / 4h3h 29m$24K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against QFEX. 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
−$210.81
Price spread: +0.031% → −0.017%
$4.78
Slippage, 4 orders
−$22.23
Fee QFEX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$247.26
Costs to cover
0.412%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; edgeX: live order book, 42 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 QFEX live order book, 3 min ago2.38 bp9.5 bp −$917.4 bp −$174doesn't fitdoesn't fit
Sell edgeX live order book, 42 min ago5.97 bp10.9 bp −$1116.7 bp −$167doesn'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−0.0973%4h209.85+0.031%$24K$222K10x
Aster CBRSUSDT0.0000%8h209.98+0.089%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.08+0.138%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.18+0.186%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.10+0.148%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.08+0.138%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.92+0.062%$227$213K10xas long as short
SunX CBRS-USDT0.0000%8h210.20+0.195%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.98+0.091%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.644%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0029%1h209.58−0.100%$97K10xas long as short
QFEX CBRS-USDlong+0.0031%1h209.79long leg$1.1M$3.4M10x
Lighter CBRS+0.0032%1h209.80+0.005%$91K$846K10xas long as short
tradeXYZ xyz:CBRS+0.0033%1h209.91+0.057%$43.0M$3.6M10xas long as short
Phoenix CBRS+0.0038%1h209.42−0.176%$1K$111K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.80+0.005%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.73−0.029%$343K$924K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.95+0.076%$150K$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%8h209.86+0.033%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.80+0.006%$24310xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0370%1h209.88+0.043%$12K$5K10xas long as short
Variational Omni CBRS+0.0432%8h209.86+0.032%$424K$321Kas long as short
BloFin CBRS-USDT+0.0456%8h209.81+0.010%$147K$71K20xas long as short
Binance CBRSUSDT+0.0460%8h210.10+0.149%$10.3M$29.7M25xas long as short
Extended CBRS_24_5-USD+0.0464%1h210.05+0.123%$45K$268K10xas long as short