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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.006%
Price spread now: ApeX Omni against BloFin+0.010%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1031.034% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.010%, 7d avg −0.035%
Together, before fees+0.103%+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. ApeX Omni is 0.045% dearer against BloFin than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.035%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.044% in total (about 2.3% 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
LongBloFin CBRS-USDT209.310.0328pay 0.0328% / 8h1h 05m$146K$70K20x
ShortApeX Omni CBRSUSDT209.330.0100get 0.0013% / 1h5m 57s$24K$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$47.98
Price spread: +0.010% → −0.035%
$4.46
Slippage, 4 orders
−$81.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$146.97
Costs to cover
1.034%
Break-even
never at this rate
Slippage from BloFin: live order book, 67 min ago; ApeX Omni: live order book, 10 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 BloFin live order book, 67 min ago1.20 bp14.6 bp −$1529.3 bp −$293doesn't fitdoesn't fit
Sell ApeX Omni live order book, 10 min ago24.84 bp42.0 bp −$42221.1 bp −$2,211doesn'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
tradeXYZ xyz:CBRS−0.0055%1h209.03−0.134%$42.8M$3.6M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0008%1h208.44−0.416%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.15−0.076%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.30−0.005%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.28−0.014%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.30−0.005%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h209.26−0.024%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.19−0.057%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h209.45+0.067%$1K$3.3M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.24−0.033%$12K$16K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h209.40+0.043%$9K$6K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.05−0.124%$94K10xas long as short
QFEX CBRS-USD+0.0027%1h209.22−0.043%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h209.37+0.029%$93K$907K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.12−0.091%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.18−0.062%$346K$914K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11−0.096%$143K$95K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.33+0.010%$24K$137K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.20−0.053%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.33+0.009%$24310xas long as short
edgeX CBRSUSDC+0.0141%4h209.26−0.025%$24K$220K10xas long as short
Variational Omni CBRS+0.0297%8h209.25−0.030%$423K$321Kas long as short
BloFin CBRS-USDTlong+0.0328%8h209.31long leg$146K$70K20x
Binance CBRSUSDT+0.0350%8h209.25−0.029%$10.3M$30.1M25xas long as short
Extended CBRS_24_5-USD+0.0352%1h209.21−0.049%$43K$246K10xas long as short
GRVT CBRS_USDT_Perp+0.0494%8h209.35+0.018%$630$229K10xas long as short