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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0620%/8h= −67.8% APRpaid last 24h −0.097%
Price spread now: edgeX against SunX−0.076%74s7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1501.498% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.347%−$35 on $10k
Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.076%, 7d avg −0.107%
Together, before fees−0.282%+ Points / potential airdropedgeX: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.030% dearer against SunX than usual: you sell high and buy low (spread −0.076% now, against its 7-day average of −0.107%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.347% in total) that is about 15 hours. The two prices were read 74 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 -0.347% in total (about -18.1% 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
LongSunX CBRS-USDT208.600get 0.0000% / 8h2h 12m$1K$3.4M10x
ShortedgeX CBRSUSDC208.44−0.0620pay 0.0310% / 4h2h 12m$24K$221K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
−$130.11
Price spread: −0.076% → −0.107%
$3.03
Slippage, 4 orders
−$132.84
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$276.92
Costs to cover
1.498%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 10 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 SunX live order book, 6 min ago29.94 bp48.6 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 10 min ago5.99 bp10.9 bp −$1116.4 bp −$164doesn'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−0.0620%4h208.44−0.076%$24K$221K10x
tradeXYZ xyz:CBRS−0.0130%1h208.21−0.187%$42.7M$3.6M10xas long as short
Phoenix CBRS−0.0038%1h208.40−0.096%$1K$112K10xas long as short
Aster CBRSUSDT0.0000%8h208.32−0.133%$65K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.42−0.086%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.48−0.058%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.50−0.048%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.42−0.086%$2.4M$2.8M20xas long as short
Variational Omni CBRS0.0000%8h208.43−0.084%$421K$321Kas long as short
SunX CBRS-USDTlong0.0000%8h208.60long leg$1K$3.4M10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.45−0.072%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.57−0.014%$9K$6K20xas long as short
QFEX CBRS-USD+0.0017%1h208.35−0.120%$1.1M$3.2M10xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.17−0.206%$90K10xas long as short
Lighter CBRS+0.0032%1h208.33−0.129%$90K$932K10xas long as short
Binance CBRSUSDT+0.0045%8h208.43−0.081%$10.2M$30.3M25xas long as short
Extended CBRS_24_5-USD+0.0048%1h208.41−0.090%$43K$246K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h208.32−0.134%$24K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.41−0.091%$329K$884K10xas long as short
BloFin CBRS-USDT+0.0071%8h208.41−0.091%$146K$70K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0072%1h208.24−0.173%$113K$113K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.29−0.149%$142K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.50−0.048%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.44−0.077%$856$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.49−0.055%$24210xas long as short
GRVT CBRS_USDT_Perp+0.0226%8h208.48−0.058%$901$242K10xas long as short