Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0022%/8h= −2.4% APRpaid last 24h −0.008%

Price spread now: Aster against Vest+0.158%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.158% dearer against Vest than usual: you sell high and buy low (spread +0.158% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 24 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest CBRS-USD-PERP	209.59	0.0022	pay 0.0003% / 1h	37m 19s	—	$94K	10x
Short	Aster CBRSUSDT	209.92	0	get 0.0000% / 8h	4h 37m	$66K	$147K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$4.65
Price spread: +0.158% → 0.000%: $15.85
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: $1.19
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Aster: live order book, 19 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Aster live order book, 19 min ago	5.00 bp	25.5 bp −$25	604.7 bp −$6,047	doesn't fit	doesn't fit

Vest: 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
edgeX CBRSUSDC	−0.0285%	4h	209.92	+0.160%	$24K	$220K	10x	as long as short
Aster CBRSUSDTshort	0.0000%	8h	209.92	+0.158%	$66K	$147K	20x
OKX CBRS-USDT-SWAP	0.0000%	8h	210.01	+0.200%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.94	+0.167%	$2.4M	$2.7M	20x	as long as short
GRVT CBRS_USDT_Perp	0.0000%	8h	209.96	+0.177%	$388	$205K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.16	+0.272%	$1K	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.01	+0.200%	$9K	$9K	20x	as long as short
Vest CBRS-USD-PERPlong	+0.0022%	1h	209.59	long leg	—	$94K	10x
Lighter CBRS	+0.0032%	1h	209.82	+0.110%	$92K	$844K	10x	as long as short
Phoenix CBRS	+0.0038%	1h	209.82	+0.110%	$1K	$108K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.72	+0.062%	$42.9M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.81	+0.105%	$53K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.98	+0.186%	$340K	$723K	10x	as long as short
QFEX CBRS-USD	+0.0080%	1h	209.88	+0.138%	$1.1M	$3.1M	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0084%	1h	209.89	+0.143%	$12K	$5K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.83	+0.115%	$115K	$115K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.94	+0.167%	$25K	$141K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.90	+0.148%	$862	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.92	+0.157%	$244	—	10x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0104%	1h	210.27	+0.324%	$115K	$116K	10x	as long as short
Variational Omni CBRS	+0.0167%	8h	209.96	+0.175%	$424K	$101K	—	as long as short
BloFin CBRS-USDT	+0.0191%	8h	209.99	+0.191%	$148K	$69K	20x	as long as short
Binance CBRSUSDT	+0.0207%	8h	209.95	+0.172%	$10.3M	$29.4M	25x	as long as short
Extended CBRS_24_5-USD	+0.0208%	1h	209.89	+0.144%	$45K	$260K	10x	as long as short
Bybit CBRSUSDT	+0.0309%	8h	210.10	+0.243%	$2.1M	$1.9M	25x	as long as short
Gate CBRS_USDT	+0.0330%	8h	210.10	+0.243%	$2.9M	$2.9M	50x	as long as short