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−0.0777%/8h= −85.0% APRpaid last 24h −0.101%
Price spread now: edgeX against OKX−0.010%91s7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$580.575% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.403%−$40 on $10k
Price spread, last 3 days (all we have)+0.016%+$2 · spread now −0.010%, 7d avg +0.014%
Together, before fees−0.387%+ Points / potential airdropedgeX: Active · farm board−$39 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and edgeX is 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.014%). Swap the legs. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.403% in total (about -21.0% 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
LongOKX CBRS-USDT-SWAP209.360get 0.0000% / 8h35m 56s$2.2M$3.6M25x
ShortedgeX CBRSUSDC209.34−0.0777pay 0.0388% / 4h35m 56s$24K$221K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against OKX. 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
−$163.11
Price spread: −0.010% → +0.014%
−$2.32
Slippage, 4 orders
−$38.53
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$222.96
Costs to cover
0.575%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 41 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 OKX live order book, 1 min ago0.24 bp19.6 bp −$2060.9 bp −$609doesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago5.74 bp10.7 bp −$1115.9 bp −$159doesn'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−0.0777%4h209.34−0.010%$24K$221K10x
tradeXYZ xyz:CBRS−0.0041%1h209.12−0.115%$42.8M$3.5M10xas long as short
Aster CBRSUSDT0.0000%8h209.24−0.059%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.43+0.033%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h209.36long leg$2.2M$3.6M25x
Bitget CBRSUSDT0.0000%8h209.27−0.043%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.32−0.019%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.58+0.105%$1K$3.3M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.30−0.029%$12K$4K10xas long as short
HTX CBRS-USDT0.0000%8h209.38+0.010%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CBRS_USDT+0.0011%8h209.40+0.019%$2.9M$3.1M50xas long as short
Vest CBRS-USD-PERP+0.0016%1h208.96−0.191%$94K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.439%$114K$114K10xas long as short
QFEX CBRS-USD+0.0021%1h209.27−0.043%$1.1M$3.4M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.13−0.110%$48K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.25−0.053%$343K$918K10xas long as short
Lighter CBRS+0.0080%1h209.44+0.038%$90K$867K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.17−0.091%$143K$92K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.09−0.129%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.32−0.019%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.34−0.008%$24310xas long as short
Variational Omni CBRS+0.0433%8h209.31−0.026%$423K$321Kas long as short
BloFin CBRS-USDT+0.0460%8h209.38+0.010%$146K$70K20xas long as short
Binance CBRSUSDT+0.0469%8h209.29−0.033%$10.3M$30.0M25xas long as short
Extended CBRS_24_5-USD+0.0472%1h209.21−0.070%$43K$246K10xas long as short
GRVT CBRS_USDT_Perp+0.0567%8h209.42+0.029%$599$224K10xas long as short