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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Bitget+0.057%83s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1091.092% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.148%+$15 on $10k
Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.057%, 7d avg −0.040%
Together, before fees+0.026%+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.097% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CBRSUSDT209.370get 0.0000% / 8h3h 52m$2.4M$2.7M20x
ShortApeX Omni CBRSUSDT209.490.0100get 0.0013% / 1h52m 10s$25K$140K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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: +0.057% → −0.040%
$9.68
Slippage, 4 orders
−$87.25
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$78.57
Costs to cover
1.092%
Break-even
33.2 days
Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 63 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 Bitget live order book, 5 min ago2.86 bp16.1 bp −$1629.6 bp −$29690.3 bp −$9,027doesn't fit
Sell ApeX Omni live order book, 63 min ago29.05 bp39.5 bp −$39218.6 bp −$2,186doesn'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−0.0484%4h209.38+0.003%$24K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0414%1h209.17−0.096%$42.8M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.24−0.061%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.48+0.053%$2.2M$3.5M25xas long as short
Bitget CBRSUSDTlong0.0000%8h209.37long leg$2.4M$2.7M20x
SunX CBRS-USDT0.0000%8h209.61+0.115%$419$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.51+0.067%$9K$10K20xas long as short
GRVT CBRS_USDT_Perp+0.0021%8h209.57+0.094%$622$209K10xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.05−0.153%$94K10xas long as short
Lighter CBRS+0.0032%1h209.21−0.076%$90K$834K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix CBRS+0.0038%1h209.07−0.143%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.21−0.076%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h209.31−0.029%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.33−0.019%$114K$114K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.49+0.057%$25K$140K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.13−0.115%$827$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.35−0.008%$24310xas long as short
Variational Omni CBRS+0.0105%8h209.52+0.073%$422K$92Kas long as short
BloFin CBRS-USDT+0.0164%8h209.50+0.062%$148K$70K20xas long as short
Extended CBRS_24_5-USD+0.0168%1h209.27−0.047%$45K$263K10xas long as short
Binance CBRSUSDT+0.0169%8h209.32−0.024%$10.2M$29.5M25xas long as short
Ondo Perps CBRS-USD.P+0.0240%1h209.10−0.129%$340K$719K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.430%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0388%8h209.45+0.038%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0401%8h209.50+0.062%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1233%1h209.35−0.010%$12K$5K10xas long as short