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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against ApeX Omni+0.323%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$229as in the Funding arb table
Net, price: spread back to 7d avg − costs−$188as in the Price arb table
costs, in and out, $10k−$2072.073% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.215%−$22 on $10k
Price spread, last 4 days (all we have)−0.288%−$29 · spread now +0.323%, 7d avg +0.132%
Together, before fees−0.503%−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.192% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.323% now, against its 7-day average of +0.132%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT207.290.0100pay 0.0013% / 1h51m 20s$24K$139K50x
ShortSunX CBRS-USDT207.960get 0.0000% / 8h5h 51m$1K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: +0.323% → +0.132%
$19.15
Slippage, 4 orders
−$189.28
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$209.13
Costs to cover
2.073%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 57 min ago; SunX: live order book, 9 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, 57 min ago27.24 bp41.2 bp −$41201.4 bp −$2,014doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago29.87 bp79.6 bp −$80doesn't fitdoesn't fitdoesn't fit

CBRS on 26 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS−0.0116%1h207.23−0.029%$1K$109K10xas long as short
tradeXYZ xyz:CBRS−0.0091%1h207.49+0.096%$42.5M$4.1M10xas long as short
QFEX CBRS-USD−0.0009%1h207.66+0.178%$1.1M$3.0M10xas long as short
Aster CBRSUSDT0.0000%8h207.29−0.001%$66K$148K20xas long as short
Bybit CBRSUSDT0.0000%8h207.63+0.164%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.84+0.265%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h207.76+0.227%$2.3M$2.8M20xas long as short
Variational Omni CBRS0.0000%8h207.39+0.047%$398K$101Kas long as short
SunX CBRS-USDTshort0.0000%8h207.96+0.323%$1K$2.5M10x
HTX CBRS-USDT0.0000%8h207.77+0.232%$9K$10K20xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0020%1h207.46+0.082%$105K10xas long as short
Lighter CBRS+0.0024%1h207.46+0.082%$90K$1.2M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h207.49+0.096%$51K$465K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h207.55+0.125%$329K$728K10xas long as short
Binance CBRSUSDT+0.0053%8h207.73+0.213%$10.2M$32.8M25xas long as short
Extended CBRS_24_5-USD+0.0056%1h207.66+0.176%$44K$386K10xas long as short
BloFin CBRS-USDT+0.0058%8h207.65+0.174%$149K$73K20xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h207.62+0.159%$821$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h207.55+0.125%$114K$260K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h207.29long leg$24K$139K50x
Aevo CBRS-PERP+0.0104%1h207.79+0.239%$24110xas long as short
edgeX CBRSUSDC+0.0164%4h207.68+0.187%$23K$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0184%1h207.67+0.183%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0320%1h210.27+1.438%$115K$107K10xas long as short
Gate CBRS_USDT+0.0356%8h207.80+0.246%$2.9M$3.3M50xas long as short
GRVT CBRS_USDT_Perp+0.0521%8h207.67+0.183%$719$227K10xas long as short