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−0.0536%/8h= −58.7% APRnext payment $5.36 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster+0.068%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as 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)+0.003%$0 · spread now +0.068%, 7d avg +0.017%
Together, before fees+0.070%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.052% dearer against Aster than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of +0.017%): +$5 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.067%, so the current rate has only just turned against you.
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 $5.36 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
LongAster CBRSUSDT205.470get 0.0000% / 8h2h 31m$65K$147K20x
ShortBitget CBRSUSDT205.61−0.0536pay 0.0536% / 8h2h 31m$2.4M$2.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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
−$112.56
Price spread: +0.068% → +0.017%
$5.18
Slippage, 4 orders
−$65.99
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$193.37
Costs to cover
0.860%
Break-even
never at this rate
Slippage from Aster: live order book, 15 min ago; Bitget: live order book, 1 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 Aster live order book, 15 min ago4.59 bp27.8 bp −$28316.4 bp −$3,164doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.16 bp17.2 bp −$1727.9 bp −$27987.2 bp −$8,719doesn'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 CBRSUSDTshort−0.0536%8h205.61+0.068%$2.4M$2.4M20x
tradeXYZ xyz:CBRS−0.0243%1h205.25−0.107%$42.0M$3.9M10xas long as short
Aster CBRSUSDTlong0.0000%8h205.47long leg$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h205.56+0.044%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.51+0.020%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h205.83+0.176%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h205.62+0.073%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0014%1h205.10−0.180%$105K10xas long as short
QFEX CBRS-USD+0.0024%1h205.46−0.005%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.29−0.087%$50K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS+0.0076%8h205.94+0.228%$401K$87Kas long as short
Lighter CBRS+0.0096%1h205.28−0.092%$90K$880K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.39−0.039%$114K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.42−0.024%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.38−0.043%$812$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.44−0.012%$23810xas long as short
Binance CBRSUSDT+0.0126%8h205.51+0.020%$10.0M$30.3M25xas long as short
Extended CBRS_24_5-USD+0.0128%1h205.49+0.008%$46K$391K10xas long as short
Ondo Perps CBRS-USD.P+0.0142%1h205.61+0.068%$334K$714K10xas long as short
GRVT CBRS_USDT_Perp+0.0145%8h205.62+0.073%$512$212K10xas long as short
BloFin CBRS-USDT+0.0156%8h205.75+0.137%$147K$70K20xas long as short
Bybit CBRSUSDT+0.0283%8h205.51+0.020%$2.0M$2.0M25xas long as short
Gate CBRS_USDT+0.0343%8h205.70+0.112%$2.8M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+2.336%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0510%4h205.54+0.032%$23K$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0822%1h205.45−0.009%$12K$5K10xas long as short