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+0.0121%/8h= +13.3% APRpaid last 24h +0.031%
Price spread now: Aster against tradeXYZ+0.173%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$730.733% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.199%+$20 on $10k
Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.173%, 7d avg +0.101%
Together, before fees+0.173%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$17 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 Aster is 0.072% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS206.68−0.0121get 0.0015% / 1h9m 39s$42.2M$4.0M10x
ShortAster CBRSUSDT207.040get 0.0000% / 8h2h 09m$65K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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
$25.44
Price spread: +0.173% → +0.101%
$7.21
Slippage, 4 orders
−$47.29
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Aster: 4 bp × 2 orders
−$8
Net
−$40.65
Costs to cover
0.733%
Break-even
18.2 days
Slippage from tradeXYZ: live order book, 10 min ago; Aster: live order book, 37 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 tradeXYZ live order book, 10 min ago0.73 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 37 min ago4.59 bp20.8 bp −$2162.6 bp −$626doesn'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−0.0638%8h207.05+0.179%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRSlong−0.0121%1h206.68long leg$42.2M$4.0M10x
Aster CBRSUSDTshort0.0000%8h207.04+0.173%$65K$147K20x
OKX CBRS-USDT-SWAP0.0000%8h207.11+0.208%$2.2M$3.5M25xas long as short
Phoenix CBRS0.0000%1h205.97−0.344%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h207.25+0.276%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.77+0.044%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0015%1h206.51−0.082%$107K10xas long as short
QFEX CBRS-USD+0.0024%1h206.88+0.097%$1.1M$3.1M10xas long as short
Lighter CBRS+0.0032%1h206.60−0.039%$90K$887K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h206.74+0.029%$51K$1.1M10xas long as short
Variational Omni CBRS+0.0092%8h206.91+0.113%$417K$96Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.60−0.039%$115K$111K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.17−0.247%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.86+0.087%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.90+0.105%$24010xas long as short
BloFin CBRS-USDT+0.0115%8h206.98+0.145%$147K$70K20xas long as short
Extended CBRS_24_5-USD+0.0152%1h206.90+0.104%$44K$389K10xas long as short
Binance CBRSUSDT+0.0153%8h207.07+0.189%$10.1M$30.4M25xas long as short
GRVT CBRS_USDT_Perp+0.0171%8h206.01−0.324%$554$214K10xas long as short
Ondo Perps CBRS-USD.P+0.0208%1h206.92+0.116%$336K$719K10xas long as short
Bybit CBRSUSDT+0.0332%8h207.12+0.213%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0347%8h207.10+0.203%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0464%1h210.27+1.737%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0899%4h206.49−0.092%$23K$220K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1929%1h206.92+0.116%$12K$5K10xas long as short