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−0.0458%/8h= −50.1% APRpaid last 24h +0.145%
Price spread now: Coinbase International against edgeX+0.632%7-day average −0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs+$30as in the Price arb table
costs, in and out, $10k−$420.420% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.612%+$61 on $10k
Price spread, last 4 days (all we have)−0.763%−$76 · spread now +0.632%, 7d avg −0.089%
Together, before fees−0.151%+ Points / potential airdropedgeX: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Coinbase International is 0.721% dearer against edgeX than usual: you sell high and buy low (spread +0.632% now, against its 7-day average of −0.089%): +$72 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 5.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.612%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC208.950.0746pay 0.0373% / 4h3h 42m$24K$221K10x
ShortCoinbase International CBRS-PERP-INTX210.270.0288get 0.0036% / 1h42m 43s$115K$116K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against edgeX. 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
−$96.1
Price spread: +0.632% → −0.089%
$72.13
Slippage, 4 orders
−$22.96
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$65.93
Costs to cover
0.420%
Break-even
from the start
Slippage from edgeX: live order book, 9 min ago; Coinbase International: live order book, 10 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 edgeX live order book, 9 min ago6.45 bp11.3 bp −$1116.6 bp −$166doesn't fitdoesn't fit
Sell Coinbase International live order book, 10 min ago3.58 bp10.2 bp −$1019.3 bp −$193doesn'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
tradeXYZ xyz:CBRS−0.0368%1h208.52−0.206%$42.7M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.71−0.116%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.86−0.043%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.76−0.091%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h209.01+0.029%$769$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.73−0.105%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h208.83−0.057%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.44−0.244%$94K10xas long as short
Lighter CBRS+0.0032%1h208.65−0.143%$90K$840K10xas long as short
Phoenix CBRS+0.0038%1h208.63−0.153%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h208.58−0.177%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h208.76−0.091%$1.1M$3.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0067%8h208.78−0.081%$257$209K10xas long as short
Ondo Perps CBRS-USD.P+0.0072%1h208.91−0.019%$339K$719K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.75−0.096%$114K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.79−0.076%$24K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.76−0.091%$826$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.78−0.082%$24210xas long as short
Variational Omni CBRS+0.0107%8h208.90−0.024%$421K$89Kas long as short
BloFin CBRS-USDT+0.0138%8h208.76−0.091%$148K$69K20xas long as short
Binance CBRSUSDT+0.0166%8h208.78−0.081%$10.1M$29.5M25xas long as short
Extended CBRS_24_5-USD+0.0168%1h208.67−0.133%$49K$263K10xas long as short
Coinbase International CBRS-PERP-INTXshort+0.0288%1h210.27+0.632%$115K$116K10x
Bybit CBRSUSDT+0.0373%8h208.90−0.024%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0398%8h208.90−0.024%$2.9M$2.9M50xas long as short
edgeX CBRSUSDClong+0.0746%4h208.95long leg$24K$221K10x