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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0016%/8h= +1.8% APRpaid last 24h +0.066%
Price spread now: Coinbase International against Aster−0.336%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$690.692% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 3 days (all we have)+0.239%+$24 · spread now −0.336%, 7d avg −0.076%
Together, before fees+0.565%+ Points / potential airdropAster: Stage 5 · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.260% cheaper against Aster than usual: you would sell low and buy high (spread −0.336% now, against its 7-day average of −0.076%). If the spread goes back, that is −$26 on $10k: about 54 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.326% in total) that is about 5.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT209.140get 0.0000% / 8h44m 35s$66K$147K20x
ShortCoinbase International CBRS-PERP-INTX208.440.0016get 0.0002% / 1h44m 35s$114K$114K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Aster. 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
$3.36
Price spread: −0.336% → −0.076%
−$25.97
Slippage, 4 orders
−$51.24
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$91.86
Costs to cover
0.692%
Break-even
198.4 days
Slippage from Aster: live order book, 32 min ago; Coinbase International: live order book, 33 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 Aster live order book, 32 min ago5.02 bp24.0 bp −$24271.8 bp −$2,718doesn't fitdoesn't fit
Sell Coinbase International live order book, 33 min ago5.26 bp12.3 bp −$1224.8 bp −$248doesn'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
Aster CBRSUSDTlong0.0000%8h209.14long leg$66K$147K20x
Bybit CBRSUSDT0.0000%8h209.40+0.123%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.41+0.128%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.50+0.171%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.32+0.085%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.36+0.104%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.63+0.233%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.47+0.157%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTXshort+0.0016%1h208.44−0.336%$114K$114K10x
Vest CBRS-USD-PERP+0.0016%1h208.95−0.092%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0021%1h209.30+0.076%$1.1M$3.4M10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.13−0.006%$42.8M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.24+0.047%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.27+0.061%$347K$913K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.40+0.123%$12K$4K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11−0.015%$143K$93K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.08−0.030%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.36+0.104%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.43+0.136%$24310xas long as short
Lighter CBRS+0.0216%1h209.44+0.142%$93K$861K10xas long as short
edgeX CBRSUSDC+0.0318%4h209.37+0.108%$24K$221K10xas long as short
Variational Omni CBRS+0.0405%8h209.37+0.108%$423K$321Kas long as short
Extended CBRS_24_5-USD+0.0440%1h209.22+0.040%$43K$246K10xas long as short
Binance CBRSUSDT+0.0445%8h209.29+0.069%$10.3M$30.0M25xas long as short
BloFin CBRS-USDT+0.0464%8h209.39+0.119%$146K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0548%8h209.42+0.133%$477$227K10xas long as short