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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0338%/8h= +37.0% APRpaid last 24h +0.026%
Price spread now: Bitget against edgeX−0.074%114s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.633% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.304%+$30 on $10k
Price spread, last 4 days (all we have)+0.129%+$13 · spread now −0.074%, 7d avg +0.010%
Together, before fees+0.433%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.084% cheaper against edgeX than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.010%). If the spread goes back, that is −$8 on $10k: about 20 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.304% in total) that is about 46 hours. The two prices were read 114 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC205.40−0.0657get 0.0328% / 4h3h 41m$23K$222K10x
ShortBitget CBRSUSDT205.25−0.0319pay 0.0319% / 8h7h 41m$2.4M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against edgeX. 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
$70.98
Price spread: −0.074% → +0.010%
−$8.39
Slippage, 4 orders
−$42.28
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$0.69
Costs to cover
0.633%
Break-even
7.1 days
Slippage from edgeX: live order book, 55 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 edgeX live order book, 55 min ago5.82 bp10.7 bp −$1115.9 bp −$159doesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago3.17 bp20.1 bp −$2032.3 bp −$32386.7 bp −$8,673doesn'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 CBRSUSDClong−0.0657%4h205.40long leg$23K$222K10x
Deribit CBRS_USDC-PERPETUAL−0.0578%1h205.24−0.079%$12K$5K10xas long as short
GRVT CBRS_USDT_Perp−0.0431%8h205.44+0.018%$861$217K10xas long as short
Bitget CBRSUSDTshort−0.0319%8h205.25−0.074%$2.4M$2.5M20x
Lighter CBRS−0.0304%1h205.19−0.104%$93K$1.0M10xas long as short
Ondo Perps CBRS-USD.P−0.0168%1h205.16−0.118%$334K$710K10xas long as short
Phoenix CBRS−0.0039%1h205.16−0.118%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0022%8h205.30−0.050%$147K$71K20xas long as short
Aster CBRSUSDT0.0000%8h205.45+0.023%$65K$147K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.21−0.094%$44K$382K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDT0.0000%8h205.26−0.068%$10.1M$31.1M25xas long as short
Bybit CBRSUSDT0.0000%8h205.29−0.055%$2.1M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.22−0.089%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h205.40−0.001%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h205.19−0.105%$392K$98Kas long as short
SunX CBRS-USDT0.0000%8h205.50+0.047%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h205.66+0.125%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h205.19−0.104%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h204.68−0.352%$103K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h205.02−0.186%$42.0M$4.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.06−0.167%$50K$473K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.31−0.045%$812$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.19−0.104%$113K$140K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.41+0.004%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.18−0.110%$23810xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.370%$115K$108K10xas long as short