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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0814%/8h= +89.1% APRpaid last 24h −0.168%
Price spread now: edgeX against Ondo Perps+0.048%54s7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.514%−$51 on $10k
Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.048%, 7d avg +0.016%
Together, before fees−0.682%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.033% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.514%, so the current rate has only just turned in your favour. The two prices were read 54 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 -0.514% in total (about -26.8% 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
LongOndo Perps CBRS-USD.P208.990.0050pay 0.0006% / 1h36m 26s$339K$890K10x
ShortedgeX CBRSUSDC209.090.0864get 0.0432% / 4h2h 36m$24K$219K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Ondo Perps. 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
$170.95
Price spread: +0.048% → +0.016%
$3.26
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$160.21
Costs to cover
0.140%
Break-even
0.4 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 31 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell edgeX live order book, 31 min ago5.48 bp10.3 bp −$1015.5 bp −$155doesn't fitdoesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0328%1h208.56−0.206%$42.7M$3.5M10xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0085%1h209.10+0.053%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.263%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.12+0.061%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.10+0.053%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.15+0.077%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.20+0.100%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.10+0.053%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.17+0.084%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.37+0.182%$1K$3.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h209.24+0.120%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h208.83−0.077%$97K10xas long as short
Polymarket Perps CBRS-USD+0.0027%1h208.85−0.067%$53K$1.1M10xas long as short
Lighter CBRS+0.0032%1h208.98−0.005%$90K$845K10xas long as short
QFEX CBRS-USD+0.0038%1h209.02+0.014%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.10+0.053%$1K$109K10xas long as short
Ondo Perps CBRS-USD.Plong+0.0050%1h208.99long leg$339K$890K10x
KuCoin CBRSUSDTM+0.0100%8h208.89−0.048%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.30+0.148%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.06+0.033%$858$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.06+0.034%$24310xas long as short
Variational Omni CBRS+0.0347%8h209.12+0.063%$423K$235Kas long as short
Binance CBRSUSDT+0.0355%8h209.08+0.041%$10.2M$29.6M25xas long as short
Extended CBRS_24_5-USD+0.0360%1h209.02+0.014%$46K$268K10xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.182%$148K$71K20xas long as short
edgeX CBRSUSDCshort+0.0864%4h209.09+0.048%$24K$219K10x