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−0.0322%/8h= −35.3% APRpaid last 24h +0.124%
Price spread now: SunX against edgeX+0.164%74s7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1491.486% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.317%+$32 on $10k
Price spread, last 3 days (all we have)−0.089%−$9 · spread now +0.164%, 7d avg +0.108%
Together, before fees+0.228%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.056% dearer against edgeX than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.108%): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 7 days funding on this pair paid +0.317%, so the current rate has only just turned against you. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC209.170.0322pay 0.0161% / 4h1h 48m$24K$220K10x
ShortSunX CBRS-USDT209.510get 0.0000% / 8h5h 48m$957$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$67.68
Price spread: +0.164% → +0.108%
$5.62
Slippage, 4 orders
−$131.59
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$210.65
Costs to cover
1.486%
Break-even
never at this rate
Slippage from edgeX: live order book, 14 min ago; SunX: live order book, 9 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, 14 min ago5.50 bp10.3 bp −$1015.3 bp −$153doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago30.31 bp79.5 bp −$80doesn't fitdoesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.347%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.24+0.033%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.34+0.083%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.28+0.054%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.27+0.049%$523$205K10xas long as short
Phoenix CBRS0.0000%1h209.05−0.056%$1K$108K10xas long as short
SunX CBRS-USDTshort0.0000%8h209.51+0.164%$957$3.0M10x
HTX CBRS-USDT0.0000%8h209.47+0.145%$9K$9K20xas long as short
tradeXYZ xyz:CBRS+0.0007%1h209.06−0.051%$42.8M$3.5M10xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.99−0.084%$94K10xas long as short
Show all 25 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.23+0.031%$90K$826K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.18+0.007%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.32+0.074%$339K$737K10xas long as short
QFEX CBRS-USD+0.0051%1h209.24+0.035%$1.1M$3.3M10xas long as short
Bybit CBRSUSDT+0.0089%8h209.41+0.117%$2.1M$1.9M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.30+0.064%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.04−0.060%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.28+0.054%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.32+0.072%$24310xas long as short
Gate CBRS_USDT+0.0118%8h209.40+0.112%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0253%8h209.22+0.025%$423K$118Kas long as short
Binance CBRSUSDT+0.0287%8h209.28+0.054%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0288%1h209.22+0.027%$46K$268K10xas long as short
edgeX CBRSUSDClong+0.0322%4h209.17long leg$24K$220K10x
Deribit CBRS_USDC-PERPETUAL+0.0563%1h209.29+0.059%$12K$5K10xas long as short