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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0555%/8h= +60.8% APRnext payment +$5.55 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Bitget−0.037%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$860.860% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now −0.037%, 7d avg −0.017%
Together, before fees−0.101%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.021% cheaper against Bitget than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of −0.017%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$17 a day). Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.067% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.55 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT205.68−0.0555get 0.0555% / 8h2h 30m$2.4M$2.4M20x
ShortAster CBRSUSDT205.600get 0.0000% / 8h2h 30m$65K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$116.55
Price spread: −0.037% → −0.017%
−$2.08
Slippage, 4 orders
−$65.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$28.48
Costs to cover
0.860%
Break-even
5.3 days
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 16 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 Bitget live order book, 2 min ago3.16 bp20.1 bp −$2025.1 bp −$25183.4 bp −$8,344doesn't fit
Sell Aster live order book, 16 min ago4.59 bp20.8 bp −$2162.6 bp −$626doesn'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
Bitget CBRSUSDTlong−0.0555%8h205.68long leg$2.4M$2.4M20x
tradeXYZ xyz:CBRS−0.0241%1h205.28−0.194%$42.0M$3.9M10xas long as short
Aster CBRSUSDTshort0.0000%8h205.60−0.037%$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h205.70+0.010%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.51−0.083%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h205.83+0.073%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h205.62−0.029%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0014%1h205.10−0.282%$105K10xas long as short
QFEX CBRS-USD+0.0024%1h205.56−0.058%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.29−0.190%$50K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS+0.0067%8h205.47−0.101%$400K$86Kas long as short
Lighter CBRS+0.0080%1h205.28−0.194%$89K$880K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.52−0.078%$114K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.42−0.126%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.38−0.146%$812$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.44−0.114%$23810xas long as short
Binance CBRSUSDT+0.0126%8h205.62−0.029%$10.0M$30.3M25xas long as short
Extended CBRS_24_5-USD+0.0128%1h205.57−0.051%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0133%8h205.58−0.049%$147K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0145%8h205.62−0.029%$512$212K10xas long as short
Ondo Perps CBRS-USD.P+0.0146%1h205.61−0.034%$334K$714K10xas long as short
Bybit CBRSUSDT+0.0284%8h205.65−0.015%$2.0M$2.0M25xas long as short
Gate CBRS_USDT+0.0347%8h205.80+0.058%$2.8M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+2.232%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0510%4h205.54−0.070%$23K$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0822%1h205.45−0.112%$12K$5K10xas long as short