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−0.0668%/8h= −73.2% APRpaid last 24h +0.149%
Price spread now: Extended against edgeX−0.120%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$560.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.422%+$42 on $10k
Price spread, last 4 days (all we have)+0.297%+$30 · spread now −0.120%, 7d avg −0.019%
Together, before fees+0.719%+ Points / potential airdropedgeX: Active · Extended: Active · farm board+$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Extended is 0.101% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.019%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.422%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.422% in total (about 22.0% 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
LongedgeX CBRSUSDC206.180.0692pay 0.0346% / 4h10m 47s$23K$222K10x
ShortExtended CBRS_24_5-USD205.930.0024get 0.0003% / 1h10m 47s$44K$384K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$140.36
Price spread: −0.120% → −0.019%
−$10.14
Slippage, 4 orders
−$41.99
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$206.49
Costs to cover
0.560%
Break-even
never at this rate
Slippage from edgeX: live order book, 26 min ago; Extended: live order book, 27 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, 26 min ago5.82 bp10.7 bp −$1115.9 bp −$159doesn't fitdoesn't fit
Sell Extended live order book, 27 min ago3.16 bp17.1 bp −$17151.4 bp −$1,514doesn'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−0.0398%8h206.20+0.009%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0266%1h205.96−0.107%$42.2M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h206.06−0.057%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.180.000%$2.2M$3.4M25xas long as short
Variational Omni CBRS0.0000%8h206.18+0.002%$402K$90Kas long as short
Phoenix CBRS0.0000%1h206.09−0.044%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.44+0.126%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.40+0.106%$9K$10K20xas long as short
BloFin CBRS-USDT+0.0019%8h206.28+0.048%$147K$72K20xas long as short
Extended CBRS_24_5-USDshort+0.0024%1h205.93−0.120%$44K$384K10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDT+0.0024%8h206.12−0.027%$10.1M$30.6M25xas long as short
Vest CBRS-USD-PERP+0.0025%1h205.99−0.093%$108K10xas long as short
Lighter CBRS+0.0032%1h205.85−0.160%$94K$926K10xas long as short
QFEX CBRS-USD+0.0050%1h206.13−0.025%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.98−0.097%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.15−0.015%$334K$716K10xas long as short
GRVT CBRS_USDT_Perp+0.0086%8h206.26+0.038%$524$218K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.04−0.068%$113K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.30+0.058%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.20+0.009%$816$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.16−0.012%$23910xas long as short
Bybit CBRSUSDT+0.0168%8h206.13−0.025%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0385%8h206.30+0.058%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+1.983%$115K$112K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0672%1h206.21+0.014%$12K$5K10xas long as short
edgeX CBRSUSDClong+0.0692%4h206.18long leg$23K$222K10x