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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0020%/8h= −2.2% APRnext payment $0.02 per $10,000 · paid last 24h −0.022%
Price spread now: QFEX against ApeX Omni+0.024%56s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.962% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.103%−$10 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.024%, 7d avg +0.040%
Together, before fees−0.025%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.040%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT209.810.0100pay 0.0013% / 1h18m 15s$25K$140K50x
ShortQFEX CBRS-USD209.860.0080get 0.0010% / 1h18m 15s$1.1M$3.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$4.2
Price spread: +0.024% → +0.040%
−$1.64
Slippage, 4 orders
−$76.16
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$101.99
Costs to cover
0.962%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 37 min ago; QFEX: live order book, 5 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, 37 min ago29.05 bp40.5 bp −$40204.2 bp −$2,042doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.90 bp7.9 bp −$815.5 bp −$155doesn'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
Aster CBRSUSDT0.0000%8h209.82+0.003%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.07+0.124%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.95+0.067%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.98+0.081%$418$207K10xas long as short
SunX CBRS-USDT0.0000%8h210.12+0.148%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.03+0.105%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.55−0.124%$94K10xas long as short
Lighter CBRS+0.0032%1h209.66−0.071%$90K$848K10xas long as short
Phoenix CBRS+0.0038%1h209.82+0.005%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.64−0.081%$42.9M$3.5M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h209.78−0.014%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.92+0.052%$341K$723K10xas long as short
QFEX CBRS-USDshort+0.0080%1h209.86+0.024%$1.1M$3.1M10x
KuCoin CBRSUSDTM+0.0100%8h209.87+0.029%$115K$114K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h209.81long leg$25K$140K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.84+0.014%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.86+0.022%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.219%$115K$116K10xas long as short
Variational Omni CBRS+0.0111%8h210.08+0.127%$424K$98Kas long as short
Extended CBRS_24_5-USD+0.0160%1h209.81−0.001%$45K$263K10xas long as short
Binance CBRSUSDT+0.0162%8h209.87+0.028%$10.3M$29.4M25xas long as short
BloFin CBRS-USDT+0.0180%8h210.08+0.129%$148K$70K20xas long as short
Bybit CBRSUSDT+0.0338%8h210.01+0.095%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0355%8h210.10+0.138%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0418%1h209.79−0.010%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0898%4h209.96+0.074%$24K$220K10xas long as short