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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.014%
Price spread now: ApeX Omni against Bybit+0.088%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.088%, 7d avg −0.022%
Together, before fees+0.004%$0 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 0.110% dearer against Bybit than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT203.740get 0.0000% / 8h7h 26m$2.0M$2.1M25x
ShortApeX Omni CBRSUSDT203.920.0100get 0.0013% / 1h26m 48s$24K$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: +0.088% → −0.022%
$11.01
Slippage, 4 orders
−$97.95
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.94
Costs to cover
1.190%
Break-even
36.0 days
Slippage from Bybit: live order book, 5 min ago; ApeX Omni: 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 Bybit live order book, 5 min ago4.65 bp19.7 bp −$20107.5 bp −$1,075doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago24.52 bp37.1 bp −$37193.4 bp −$1,934doesn'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
GRVT CBRS_USDT_Perp−0.0677%8h204.07+0.161%$624$215K10xas long as short
Bitget CBRSUSDT−0.0284%8h203.57−0.083%$2.4M$2.5M20xas long as short
Lighter CBRS−0.0128%1h203.42−0.157%$91K$1.1M10xas long as short
Ondo Perps CBRS-USD.P−0.0123%1h203.57−0.083%$330K$705K10xas long as short
Phoenix CBRS−0.0039%1h203.67−0.034%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0006%8h203.52−0.108%$147K$71K20xas long as short
Aster CBRSUSDT0.0000%8h203.90+0.080%$64K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h203.65−0.043%$43K$382K10xas long as short
Binance CBRSUSDT0.0000%8h203.65−0.044%$10.0M$31.4M25xas long as short
Bybit CBRSUSDTlong0.0000%8h203.74long leg$2.0M$2.1M25x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h203.73−0.005%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h203.60−0.069%$2.8M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h204.08+0.168%$389K$98Kas long as short
SunX CBRS-USDT0.0000%8h203.97+0.113%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h203.83+0.044%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h203.36−0.187%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h203.18−0.275%$106K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h203.33−0.201%$41.6M$4.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h203.55−0.093%$50K$471K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h203.62−0.059%$805$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h203.78+0.020%$112K$156K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h203.92+0.088%$24K$137K50x
Aevo CBRS-PERP+0.0104%1h203.50−0.117%$23610xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0193%1h203.43−0.152%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+3.205%$115K$108K10xas long as short
edgeX CBRSUSDC+0.0818%4h204.00+0.128%$23K$222K10xas long as short