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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1028%/8h= −112.6% APRpaid last 24h −0.147%
Price spread now: edgeX against Extended−0.007%7-day average +0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$530.533% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.428%−$43 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.007%, 7d avg +0.019%
Together, before fees−0.418%+ Points / potential airdropExtended: Active · edgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.025% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.019%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.428% in total (about -22.3% 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
LongExtended CBRS_24_5-USD205.370.0128pay 0.0016% / 1h25m 36s$46K$387K10x
ShortedgeX CBRSUSDC205.36−0.0900pay 0.0450% / 4h2h 25m$23K$220K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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
−$215.87
Price spread: −0.007% → +0.019%
−$2.51
Slippage, 4 orders
−$39.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$271.7
Costs to cover
0.533%
Break-even
never at this rate
Slippage from Extended: live order book, 22 min ago; edgeX: live order book, 21 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 Extended live order book, 22 min ago2.17 bp16.4 bp −$16150.4 bp −$1,504doesn't fitdoesn't fit
Sell edgeX live order book, 21 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
edgeX CBRSUSDCshort−0.0900%4h205.36−0.007%$23K$220K10x
Bitget CBRSUSDT−0.0639%8h205.44+0.033%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0233%1h205.08−0.142%$41.9M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h205.57+0.095%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.62+0.121%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.36−0.006%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h205.70+0.159%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h205.66+0.140%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0014%1h204.95−0.206%$105K10xas long as short
QFEX CBRS-USD+0.0024%1h205.34−0.016%$1.1M$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0048%1h205.16−0.103%$89K$880K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.18−0.094%$50K$1.1M10xas long as short
Variational Omni CBRS+0.0063%8h205.38+0.002%$400K$85Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.34−0.016%$114K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.40+0.013%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.38+0.004%$812$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.38+0.003%$23810xas long as short
Binance CBRSUSDT+0.0126%8h205.47+0.048%$10.0M$30.3M25xas long as short
Ondo Perps CBRS-USD.P+0.0127%1h205.55+0.086%$334K$714K10xas long as short
BloFin CBRS-USDT+0.0128%8h205.43+0.028%$147K$70K20xas long as short
Extended CBRS_24_5-USDlong+0.0128%1h205.37long leg$46K$387K10x
GRVT CBRS_USDT_Perp+0.0151%8h205.65+0.135%$512$212K10xas long as short
Bybit CBRSUSDT+0.0277%8h205.41+0.018%$2.0M$2.0M25xas long as short
Gate CBRS_USDT+0.0343%8h205.50+0.062%$2.8M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+2.385%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0969%1h205.32−0.026%$12K$5K10xas long as short