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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.044%
Price spread now: Aster against tradeXYZ+0.033%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$740.739% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$22 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.033%, 7d avg +0.102%
Together, before fees+0.306%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.068% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.033% now, against its 7-day average of +0.102%). If the spread goes back, that is −$7 on $10k: about 45 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.41−0.0121get 0.0015% / 1h16m 49s$42.9M$3.5M10x
ShortAster CBRSUSDT209.480get 0.0000% / 8h6h 16m$66K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
$25.34
Price spread: +0.033% → +0.102%
−$6.82
Slippage, 4 orders
−$47.92
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$55.41
Costs to cover
0.739%
Break-even
22.3 days
Slippage from tradeXYZ: live order book, 3 min ago; Aster: live order book, 49 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 tradeXYZ live order book, 3 min ago0.96 bp12.6 bp −$1314.5 bp −$145doesn't fitdoesn't fit
Sell Aster live order book, 49 min ago6.19 bp25.5 bp −$25629.9 bp −$6,299doesn't fitdoesn't fit

CBRS on 25 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 CBRSUSDC−0.0833%4h209.22−0.089%$24K$220K10xas long as short
tradeXYZ xyz:CBRSlong−0.0121%1h209.41long leg$42.9M$3.5M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.463%$114K$114K10xas long as short
Aster CBRSUSDTshort0.0000%8h209.48+0.033%$66K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h209.47+0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.50+0.043%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.21−0.094%$795$206K10xas long as short
SunX CBRS-USDT0.0000%8h209.88+0.224%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.12−0.138%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.08−0.158%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.28−0.062%$90K$850K10xas long as short
QFEX CBRS-USD+0.0038%1h209.48+0.033%$1.1M$3.3M10xas long as short
Phoenix CBRS+0.0038%1h209.13−0.134%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.46+0.024%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.48+0.033%$339K$741K10xas long as short
Gate CBRS_USDT+0.0064%8h209.50+0.043%$2.9M$3.0M50xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.45+0.019%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.30−0.053%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.49+0.038%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.52+0.050%$24310xas long as short
Bybit CBRSUSDT+0.0116%8h209.61+0.096%$2.1M$1.9M25xas long as short
Variational Omni CBRS+0.0327%8h209.15−0.124%$423K$155Kas long as short
Extended CBRS_24_5-USD+0.0344%1h209.44+0.012%$44K$271K10xas long as short
Binance CBRSUSDT+0.0345%8h209.52+0.053%$10.3M$29.5M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0944%1h209.55+0.067%$12K$5K10xas long as short