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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0138%/8h= +15.2% APRpaid last 24h +0.145%
Price spread now: Bybit against edgeX+0.018%61s7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.614% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.442%+$44 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now +0.018%, 7d avg −0.003%
Together, before fees+0.423%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.021% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.003%. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CBRSUSDC208.76−0.0138get 0.0069% / 4h1h 46m$24K$220K10x
ShortBybit CBRSUSDT208.800get 0.0000% / 8h1h 46m$2.0M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$29.06
Price spread: +0.018% → −0.003%
$2.06
Slippage, 4 orders
−$41.42
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$30.3
Costs to cover
0.614%
Break-even
14.3 days
Slippage from edgeX: live order book, 36 min ago; Bybit: live order book, just now.

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, 36 min ago5.99 bp11.1 bp −$1117.0 bp −$170doesn't fitdoesn't fit
Sell Bybit live order book, just now2.39 bp20.7 bp −$21130.7 bp −$1,307doesn'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
tradeXYZ xyz:CBRS−0.0157%1h208.51−0.121%$42.7M$3.6M10xas long as short
edgeX CBRSUSDClong−0.0138%4h208.76long leg$24K$220K10x
Coinbase International CBRS-PERP-INTX−0.0008%1h208.44−0.154%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h208.65−0.055%$65K$147K20xas long as short
Bybit CBRSUSDTshort0.0000%8h208.80+0.018%$2.0M$1.9M25x
OKX CBRS-USDT-SWAP0.0000%8h208.76−0.001%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.80+0.018%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.76−0.001%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h208.69−0.035%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h208.99+0.109%$1K$3.4M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.79+0.013%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.93+0.080%$9K$6K20xas long as short
Vest CBRS-USD-PERP+0.0023%1h208.71−0.025%$90K10xas long as short
QFEX CBRS-USD+0.0027%1h208.80+0.018%$1.1M$3.3M10xas long as short
Lighter CBRS+0.0032%1h208.71−0.025%$92K$883K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h208.70−0.030%$31K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.70−0.030%$344K$906K10xas long as short
Variational Omni CBRS+0.0080%8h208.75−0.007%$422K$321Kas long as short
KuCoin CBRSUSDTM+0.0100%8h208.75−0.006%$143K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.51−0.121%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.76−0.001%$857$1K10xas long as short
BloFin CBRS-USDT+0.0103%8h208.70−0.030%$146K$70K20xas long as short
Aevo CBRS-PERP+0.0104%1h208.77+0.002%$24210xas long as short
Extended CBRS_24_5-USD+0.0128%1h208.75−0.008%$43K$246K10xas long as short
Binance CBRSUSDT+0.0128%8h208.77+0.004%$10.3M$30.3M25xas long as short
GRVT CBRS_USDT_Perp+0.0286%8h208.76−0.003%$887$240K10xas long as short