Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0654%/8h= +71.6% APRpaid last 24h +0.031%

Price spread now: Aevo against Bitget−0.035%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread −0.035% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$20 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CBRSUSDT	206.80	−0.0550	get 0.0550% / 8h	2h 02m	$2.4M	$2.5M	20x
Short	Aevo CBRS-PERP	206.73	0.0104	get 0.0013% / 1h	2m 38s	$240	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee AevobpOrdersPrice spread, now −0.035%Rate

Funding earned: $137.34
Price spread: −0.035% → 0.000%: −$3.48
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: $105.86
Costs to cover: 0.280%
Break-even: 1.6 days

Slippage unknown: Bitget: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	2.17 bp	21.8 bp −$22	30.5 bp −$305	69.2 bp −$6,917	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CBRSUSDTlong	−0.0550%	8h	206.80	long leg	$2.4M	$2.5M	20x
tradeXYZ xyz:CBRS	−0.0069%	1h	206.46	−0.164%	$42.2M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.85	+0.026%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	206.86	+0.029%	$2.2M	$3.5M	25x	as long as short
Phoenix CBRS	0.0000%	1h	206.79	−0.005%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	206.96	+0.077%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	206.76	−0.019%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0015%	1h	206.33	−0.227%	—	$107K	10x	as long as short
QFEX CBRS-USD	+0.0024%	1h	206.66	−0.068%	$1.1M	$3.0M	10x	as long as short
Lighter CBRS	+0.0032%	1h	206.50	−0.145%	$90K	$887K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USD	+0.0050%	1h	206.45	−0.169%	$51K	$1.1M	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	206.57	−0.111%	$115K	$111K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	206.78	−0.010%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.69	−0.053%	$817	$1K	10x	as long as short
Aevo CBRS-PERPshort	+0.0104%	1h	206.73	−0.035%	$240	—	10x
Variational Omni CBRS	+0.0110%	8h	207.01	+0.103%	$418K	$95K	—	as long as short
Extended CBRS_24_5-USD	+0.0160%	1h	206.69	−0.052%	$44K	$389K	10x	as long as short
BloFin CBRS-USDT	+0.0161%	8h	206.77	−0.015%	$145K	$71K	20x	as long as short
Binance CBRSUSDT	+0.0162%	8h	206.75	−0.025%	$10.1M	$30.5M	25x	as long as short
edgeX CBRSUSDC	+0.0170%	4h	206.87	+0.032%	$23K	$221K	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0213%	1h	206.78	−0.010%	$336K	$719K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0213%	8h	207.03	+0.111%	$551	$213K	10x	as long as short
Bybit CBRSUSDT	+0.0357%	8h	206.81	+0.005%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0364%	8h	206.90	+0.048%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0464%	1h	210.27	+1.678%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0767%	1h	206.63	−0.082%	$12K	$5K	10x	as long as short