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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0435%/8h= +47.6% APRpaid last 24h −0.150%
Price spread now: edgeX against Coinbase International−1.798%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$233as in the Price arb table
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.617%−$62 on $10k
Price spread, last 4 days (all we have)+1.889%+$189 · spread now −1.798%, 7d avg +0.067%
Together, before fees+1.272%+ Points / potential airdropedgeX: Active · farm board+$127 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 1.865% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.798% now, against its 7-day average of +0.067%). If the spread goes back, that is −$186 on $10k: about 14 days of funding at the current rate (+$13 a day). Mind the row above: over the last 7 days funding on this pair cost −0.617%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0464pay 0.0058% / 1h10m 57s$115K$116K10x
ShortedgeX CBRSUSDC206.490.0899get 0.0450% / 4h2h 10m$23K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Coinbase International. 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
$91.37
Price spread: −1.798% → +0.067%
−$186.45
Slippage, 4 orders
−$27.64
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$141.72
Costs to cover
0.466%
Break-even
17.9 days
Slippage from Coinbase International: live order book, 37 min ago; edgeX: live order book, 36 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 Coinbase International live order book, 37 min ago6.76 bp12.8 bp −$1323.7 bp −$237doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago5.55 bp10.5 bp −$1015.7 bp −$157doesn'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
Bitget CBRSUSDT−0.0652%8h206.94−1.584%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0130%1h206.62−1.736%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.95−1.577%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.99−1.560%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.97−2.045%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h207.24−1.441%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.77−1.665%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.26−1.907%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.83−1.636%$1.1M$3.1M10xas long as short
Lighter CBRS+0.0032%1h206.57−1.760%$90K$887K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.67−1.712%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0077%8h205.97−2.045%$401K$82Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.62−1.736%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.17−1.950%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.84−1.631%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.85−1.626%$24010xas long as short
BloFin CBRS-USDT+0.0115%8h206.98−1.565%$147K$70K20xas long as short
Binance CBRSUSDT+0.0143%8h206.92−1.593%$10.1M$30.4M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.86−1.621%$44K$389K10xas long as short
GRVT CBRS_USDT_Perp+0.0171%8h206.01−2.026%$554$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0186%1h206.92−1.593%$336K$719K10xas long as short
Bybit CBRSUSDT+0.0320%8h207.00−1.555%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0346%8h207.00−1.555%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0464%1h210.27long leg$115K$116K10x
edgeX CBRSUSDCshort+0.0899%4h206.49−1.798%$23K$220K10x
Deribit CBRS_USDC-PERPETUAL+0.1784%1h206.89−1.607%$12K$5K10xas long as short