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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.026%
Price spread now: ApeX Omni against OKX−0.228%90s7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1221.222% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.224%+$22 · spread now −0.228%, 7d avg −0.012%
Together, before fees+0.407%+$41 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.215% cheaper against OKX than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of −0.012%). If the spread goes back, that is −$22 on $10k: about 7.2 days of funding at the current rate (+$3 a day). The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP206.290get 0.0000% / 8h1h 50m$2.2M$3.5M25x
ShortApeX Omni CBRSUSDT205.820.0100get 0.0013% / 1h50m 03s$24K$138K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: −0.228% → −0.012%
−$21.53
Slippage, 4 orders
−$102.22
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$122.75
Costs to cover
1.222%
Break-even
47.9 days
Slippage from OKX: live order book, 2 min ago; ApeX Omni: live order book, 56 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 OKX live order book, 2 min ago0.97 bp22.7 bp −$2375.3 bp −$753doesn't fitdoesn't fit
Sell ApeX Omni live order book, 56 min ago25.13 bp35.0 bp −$35188.9 bp −$1,889doesn'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−0.0565%4h206.08−0.100%$23K$220K10xas long as short
Bitget CBRSUSDT−0.0542%8h206.30+0.005%$2.4M$2.5M20xas long as short
Aster CBRSUSDT0.0000%8h206.02−0.132%$65K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h206.29long leg$2.2M$3.5M25x
SunX CBRS-USDT0.0000%8h206.41+0.058%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.18−0.053%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h205.56−0.354%$107K10xas long as short
tradeXYZ xyz:CBRS+0.0023%1h205.76−0.257%$42.1M$4.0M10xas long as short
Lighter CBRS+0.0032%1h205.77−0.252%$91K$877K10xas long as short
Phoenix CBRS+0.0039%1h205.83−0.223%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.76−0.257%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.92−0.179%$335K$716K10xas long as short
QFEX CBRS-USD+0.0080%1h205.99−0.145%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0095%8h206.03−0.128%$416K$92Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.90−0.189%$114K$110K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h205.82−0.228%$24K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.96−0.160%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.98−0.150%$23910xas long as short
BloFin CBRS-USDT+0.0137%8h206.11−0.087%$146K$71K20xas long as short
Binance CBRSUSDT+0.0150%8h206.05−0.117%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0152%1h205.97−0.154%$44K$389K10xas long as short
GRVT CBRS_USDT_Perp+0.0212%8h206.13−0.078%$247$215K10xas long as short
Bybit CBRSUSDT+0.0361%8h206.04−0.121%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0371%8h206.20−0.044%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.929%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0917%1h205.94−0.170%$12K$5K10xas long as short