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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.066%
Price spread now: Bitget against ApeX Omni+0.102%7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.185%−$18 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now +0.102%, 7d avg +0.033%
Together, before fees−0.184%−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.069% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.102% now, against its 7-day average of +0.033%): +$7 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.185% in total) that is about 2.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.6% 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
LongApeX Omni CBRSUSDT205.770.0100pay 0.0013% / 1h3m 20s$24K$138K50x
ShortBitget CBRSUSDT205.98−0.0181pay 0.0181% / 8h7h 03m$2.4M$2.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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
−$59.01
Price spread: +0.102% → +0.033%
$6.94
Slippage, 4 orders
−$99.1
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$173.17
Costs to cover
1.211%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Bitget: live order book, 4 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 ApeX Omni live order book, 27 min ago24.52 bp38.6 bp −$39194.9 bp −$1,949doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.91 bp23.0 bp −$2333.6 bp −$33691.2 bp −$9,116doesn'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 CBRSUSDTshort−0.0181%8h205.98+0.102%$2.4M$2.6M20x
tradeXYZ xyz:CBRS−0.0074%1h206.02+0.121%$42.2M$4.0M10xas long as short
Phoenix CBRS−0.0039%1h206.07+0.146%$1K$108K10xas long as short
Lighter CBRS−0.0032%1h205.94+0.083%$91K$1.1M10xas long as short
edgeX CBRSUSDC−0.0018%4h206.19+0.206%$23K$222K10xas long as short
BloFin CBRS-USDT−0.0014%8h206.07+0.146%$147K$72K20xas long as short
Aster CBRSUSDT0.0000%8h206.16+0.189%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h206.04+0.129%$44K$387K10xas long as short
Binance CBRSUSDT0.0000%8h206.06+0.141%$10.2M$32.2M25xas long as short
Bybit CBRSUSDT0.0000%8h206.16+0.190%$2.1M$2.2M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h206.10+0.160%$2.2M$3.5M25xas long as short
Variational Omni CBRS0.0000%8h206.22+0.217%$396K$101Kas long as short
GRVT CBRS_USDT_Perp0.0000%8h206.19+0.202%$612$219K10xas long as short
SunX CBRS-USDT0.0000%8h206.43+0.321%$1K$2.7M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h206.08+0.151%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.38+0.296%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0016%1h205.92+0.073%$107K10xas long as short
QFEX CBRS-USD+0.0017%1h206.10+0.160%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.07+0.146%$51K$471K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.03+0.126%$330K$722K10xas long as short
Gate CBRS_USDT+0.0070%8h206.20+0.209%$2.9M$3.2M50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.03+0.126%$815$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.01+0.117%$113K$182K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h205.77long leg$24K$138K50x
Aevo CBRS-PERP+0.0104%1h206.07+0.146%$23910xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.187%$115K$108K10xas long as short