Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.032%
Price spread now: Polymarket Perps against Aster−0.001%46s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.169%+$17 on $10k
Price spread, last 4 days (all we have)−0.765%−$76 · spread now −0.001%, 7d avg −0.061%
Together, before fees−0.596%+ Points / potential airdropAster: Stage 5 · farm board−$60 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.060% dearer against Aster than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CBRSUSDT209.430get 0.0000% / 8h5h 30m$66K$147K20x
ShortPolymarket Perps CBRS-USD209.430.0050get 0.0006% / 1h30m 42s$55K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$10.5
Price spread: −0.001% → −0.061%
$5.96
Slippage, 4 orders
−$48.92
Fee Aster: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$48.46
Costs to cover
0.649%
Break-even
39.3 days
Slippage from Aster: live order book, 30 min ago; Polymarket Perps: live order book, 2 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, 30 min ago5.26 bp23.8 bp −$24273.4 bp −$2,734doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 2 min ago3.10 bp8.5 bp −$98.7 bp −$8712.2 bp −$1,219doesn'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
edgeX CBRSUSDC−0.0587%4h209.43−0.001%$24K$220K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.474%$114K$114K10xas long as short
Aster CBRSUSDTlong0.0000%8h209.43long leg$66K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h209.59+0.075%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.45+0.008%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.44+0.003%$896$204K10xas long as short
Phoenix CBRS0.0000%1h209.20−0.111%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.73+0.142%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.37−0.030%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.10−0.159%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.26−0.082%$90K$831K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.35−0.039%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h209.43−0.001%$55K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h209.35−0.039%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.42−0.006%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.36−0.035%$114K$118K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.42−0.006%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.48+0.023%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.51+0.038%$24310xas long as short
Bybit CBRSUSDT+0.0137%8h209.57+0.066%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0192%8h209.60+0.080%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0212%8h209.49+0.028%$423K$113Kas long as short
BloFin CBRS-USDT+0.0231%8h209.43−0.001%$148K$70K20xas long as short
Binance CBRSUSDT+0.0256%8h209.54+0.050%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0256%1h209.48+0.024%$46K$263K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0801%1h209.45+0.008%$12K$5K10xas long as short