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−0.0833%/8h= −91.2% APRpaid last 24h −0.141%
Price spread now: edgeX against Aster−0.108%90s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$690.690% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.376%−$38 on $10k
Price spread, last 4 days (all we have)−0.065%−$6 · spread now −0.108%, 7d avg 0.000%
Together, before fees−0.441%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$44 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and edgeX is 0.109% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of 0.000%). Swap the legs. The two prices were read 90 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 -0.376% in total (about -19.6% 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
LongAster CBRSUSDT209.450get 0.0000% / 8h6h 16m$66K$147K20x
ShortedgeX CBRSUSDC209.22−0.0833pay 0.0416% / 4h2h 16m$24K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$174.93
Price spread: −0.108% → 0.000%
−$10.86
Slippage, 4 orders
−$52.01
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$254.8
Costs to cover
0.690%
Break-even
never at this rate
Slippage from Aster: live order book, 50 min ago; edgeX: live order book, 51 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, 50 min ago6.19 bp22.8 bp −$23255.9 bp −$2,559doesn't fitdoesn't fit
Sell edgeX live order book, 51 min ago5.48 bp10.3 bp −$1015.5 bp −$155doesn'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 CBRSUSDCshort−0.0833%4h209.22−0.108%$24K$220K10x
tradeXYZ xyz:CBRS−0.0123%1h209.23−0.105%$42.9M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.482%$114K$114K10xas long as short
Aster CBRSUSDTlong0.0000%8h209.45long leg$66K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h209.41−0.019%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.44−0.005%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.21−0.113%$795$206K10xas long as short
SunX CBRS-USDT0.0000%8h209.88+0.205%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.59+0.067%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.19−0.124%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.29−0.077%$90K$850K10xas long as short
QFEX CBRS-USD+0.0038%1h209.42−0.014%$1.1M$3.3M10xas long as short
Phoenix CBRS+0.0038%1h209.13−0.153%$1K$109K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.43−0.010%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.48+0.014%$340K$741K10xas long as short
Gate CBRS_USDT+0.0065%8h209.60+0.071%$2.9M$3.0M50xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.41−0.019%$115K$120K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.30−0.072%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.450.000%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.49+0.021%$24310xas long as short
Bybit CBRSUSDT+0.0116%8h209.59+0.067%$2.1M$1.9M25xas long as short
Variational Omni CBRS+0.0316%8h209.46+0.003%$423K$124Kas long as short
Extended CBRS_24_5-USD+0.0344%1h209.43−0.011%$44K$271K10xas long as short
Binance CBRSUSDT+0.0345%8h209.47+0.010%$10.3M$29.5M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0514%1h209.47+0.009%$12K$5K10xas long as short