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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.1% APRnext payment $0.31 per $10,000 · paid last 24h −0.061%
Price spread now: tradeXYZ against ApeX Omni−0.179%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$980.976% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.408%−$41 on $10k
Price spread, last 4 days (all we have)+0.345%+$34 · spread now −0.179%, 7d avg −0.079%
Together, before fees−0.064%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and tradeXYZ is 0.100% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT206.280.0100pay 0.0013% / 1h34m 54s$24K$138K50x
ShorttradeXYZ xyz:CBRS205.91−0.0148pay 0.0018% / 1h34m 54s$42.2M$4.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$52.03
Price spread: −0.179% → −0.079%
−$10.04
Slippage, 4 orders
−$69.63
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$159.7
Costs to cover
0.976%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 1 min ago; tradeXYZ: 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, 1 min ago24.99 bp35.4 bp −$35213.2 bp −$2,132doesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.73 bp13.2 bp −$13doesn't fitdoesn'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
edgeX CBRSUSDC−0.0535%4h206.09−0.093%$23K$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0478%1h205.97−0.150%$12K$5K10xas long as short
Bitget CBRSUSDT−0.0451%8h206.18−0.048%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRSshort−0.0148%1h205.91−0.179%$42.2M$4.0M10x
Aster CBRSUSDT0.0000%8h206.24−0.022%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.08−0.097%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h206.06−0.107%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.150%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.26−0.010%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h205.74−0.262%$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS+0.0026%8h205.97−0.148%$402K$90Kas long as short
Lighter CBRS+0.0032%1h206.09−0.092%$92K$912K10xas long as short
QFEX CBRS-USD+0.0050%1h205.91−0.179%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.81−0.228%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.97−0.150%$335K$716K10xas long as short
BloFin CBRS-USDT+0.0078%8h206.09−0.092%$146K$71K20xas long as short
Extended CBRS_24_5-USD+0.0080%1h206.08−0.095%$44K$388K10xas long as short
Binance CBRSUSDT+0.0082%8h206.14−0.068%$10.1M$30.6M25xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.18−0.048%$113K$105K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h206.28long leg$24K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.15−0.063%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.11−0.081%$23910xas long as short
GRVT CBRS_USDT_Perp+0.0156%8h206.26−0.010%$635$217K10xas long as short
Bybit CBRSUSDT+0.0244%8h206.16−0.058%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0392%8h206.30+0.010%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+1.934%$115K$112K10xas long as short