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+0.0480%/8h= +52.6% APRpaid last 24h +0.061%
Price spread now: Coinbase International against Aster+2.345%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs+$169as in the Price arb table
costs, in and out, $10k−$650.648% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.333%+$33 on $10k
Price spread, last 4 days (all we have)−2.530%−$253 · spread now +2.345%, 7d avg +0.005%
Together, before fees−2.197%+ Points / potential airdropAster: Stage 5 · farm board−$220 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 2.340% dearer against Aster than usual: you sell high and buy low: +$234 more if the spread goes back to its 7-day average of +0.005%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.333% in total (about 17.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT205.450get 0.0000% / 8h7h 41m$65K$147K20x
ShortCoinbase International CBRS-PERP-INTX210.270.0480get 0.0060% / 1h41m 07s$115K$108K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$100.8
Price spread: +2.345% → +0.005%
$233.96
Slippage, 4 orders
−$46.84
Fee Aster: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$269.92
Costs to cover
0.648%
Break-even
from the start
Slippage from Aster: live order book, 55 min ago; Coinbase International: live order book, 57 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, 55 min ago3.88 bp24.4 bp −$24335.2 bp −$3,352doesn't fitdoesn't fit
Sell Coinbase International live order book, 57 min ago3.88 bp10.2 bp −$1023.4 bp −$234doesn'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
Deribit CBRS_USDC-PERPETUAL−0.0724%1h205.22−0.113%$12K$5K10xas long as short
edgeX CBRSUSDC−0.0657%4h205.40−0.024%$23K$222K10xas long as short
GRVT CBRS_USDT_Perp−0.0339%8h205.32−0.065%$257$216K10xas long as short
Bitget CBRSUSDT−0.0319%8h205.22−0.113%$2.4M$2.5M20xas long as short
Lighter CBRS−0.0304%1h205.18−0.133%$93K$1.0M10xas long as short
Ondo Perps CBRS-USD.P−0.0168%1h205.16−0.143%$334K$710K10xas long as short
Phoenix CBRS−0.0039%1h205.16−0.143%$1K$108K10xas long as short
Aster CBRSUSDTlong0.0000%8h205.45long leg$65K$147K20x
Extended CBRS_24_5-USD0.0000%1h205.20−0.121%$44K$382K10xas long as short
Binance CBRSUSDT0.0000%8h205.24−0.104%$10.1M$31.1M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CBRSUSDT0.0000%8h205.26−0.094%$2.1M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.22−0.113%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h205.40−0.026%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h205.19−0.130%$392K$98Kas long as short
SunX CBRS-USDT0.0000%8h205.46+0.003%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h205.66+0.101%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h205.19−0.128%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h204.63−0.401%$103K10xas long as short
BloFin CBRS-USDT+0.0021%8h205.20−0.123%$147K$71K20xas long as short
tradeXYZ xyz:CBRS+0.0050%1h204.99−0.225%$42.0M$4.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.06−0.191%$50K$472K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.31−0.070%$812$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.18−0.133%$113K$140K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.41−0.021%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.16−0.142%$23810xas long as short
Coinbase International CBRS-PERP-INTXshort+0.0480%1h210.27+2.345%$115K$108K10x