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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0464%/8h= −50.8% APRpaid last 24h −0.052%
Price spread now: Aster against Coinbase International−1.549%7-day average +0.063% · you buy dearer than you sell
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$236as in the Price arb table
costs, in and out, $10k−$740.743% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.328%−$33 on $10k
Price spread, last 4 days (all we have)+1.646%+$165 · spread now −1.549%, 7d avg +0.063%
Together, before fees+1.318%+ Points / potential airdropAster: Stage 5 · farm board+$132 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Aster is 1.612% cheaper against Coinbase International than usual: you would sell low and buy high (−$161 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0464pay 0.0058% / 1h6m 36s$115K$116K10x
ShortAster CBRSUSDT207.010get 0.0000% / 8h2h 06m$65K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Coinbase International. 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
−$97.44
Price spread: −1.549% → +0.063%
−$161.2
Slippage, 4 orders
−$56.35
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$332.99
Costs to cover
0.743%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 41 min ago; Aster: live order book, 40 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 Coinbase International live order book, 41 min ago6.76 bp12.8 bp −$1323.7 bp −$237doesn't fitdoesn't fit
Sell Aster live order book, 40 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 CBRSUSDT−0.0584%8h207.06−1.527%$2.4M$2.5M20xas long as short
edgeX CBRSUSDC−0.0495%4h206.88−1.613%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0088%1h206.54−1.774%$42.2M$4.0M10xas long as short
Aster CBRSUSDTshort0.0000%8h207.01−1.549%$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h207.05−1.531%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h206.62−1.736%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h207.36−1.384%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.83−1.636%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.55−1.769%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.97−1.569%$1.1M$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h206.75−1.674%$90K$887K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.67−1.712%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0092%8h206.91−1.596%$417K$96Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.63−1.731%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.59−1.750%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.93−1.588%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.94−1.582%$24010xas long as short
Binance CBRSUSDT+0.0160%8h207.05−1.532%$10.1M$30.4M25xas long as short
Extended CBRS_24_5-USD+0.0160%1h206.97−1.569%$44K$389K10xas long as short
BloFin CBRS-USDT+0.0168%8h206.94−1.584%$145K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0195%8h206.90−1.602%$557$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0218%1h206.93−1.588%$336K$720K10xas long as short
Bybit CBRSUSDT+0.0345%8h207.01−1.550%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0364%8h207.20−1.460%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0464%1h210.27long leg$115K$116K10x
Deribit CBRS_USDC-PERPETUAL+0.1105%1h206.90−1.603%$12K$5K10xas long as short