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+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against Polymarket Perps+0.535%63s7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$910.914% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.535%, 7d avg +0.042%
Together, before fees−0.326%−$33 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.493% dearer against Polymarket Perps than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.042%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD203.610.0050pay 0.0006% / 1h30m 18s$50K$472K10x
ShortApeX Omni CBRSUSDT204.700.0100get 0.0013% / 1h30m 18s$24K$137K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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
$10.5
Price spread: +0.535% → +0.042%
$49.35
Slippage, 4 orders
−$73.44
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.6
Costs to cover
0.914%
Break-even
28.1 days
Slippage from Polymarket Perps: live order book, 33 min ago; ApeX Omni: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 33 min ago2.91 bp8.8 bp −$99.0 bp −$9012.7 bp −$1,270doesn't fit
Sell ApeX Omni live order book, just now24.52 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−0.0733%8h204.91+0.637%$775$214K10xas long as short
Bitget CBRSUSDT−0.0293%8h203.79+0.088%$2.4M$2.5M20xas long as short
edgeX CBRSUSDC−0.0193%4h204.70+0.536%$23K$221K10xas long as short
Lighter CBRS−0.0184%1h203.59−0.010%$91K$1.1M10xas long as short
Ondo Perps CBRS-USD.P−0.0162%1h203.88+0.133%$330K$705K10xas long as short
Phoenix CBRS−0.0039%1h204.55+0.462%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0020%8h203.96+0.172%$147K$71K20xas long as short
Aster CBRSUSDT0.0000%8h204.02+0.202%$64K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h203.84+0.113%$43K$382K10xas long as short
Binance CBRSUSDT0.0000%8h203.87+0.130%$10.0M$31.4M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit CBRSUSDT0.0000%8h203.72+0.054%$2.0M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h203.84+0.113%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h203.90+0.142%$2.8M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h204.08+0.231%$389K$98Kas long as short
SunX CBRS-USDT0.0000%8h204.17+0.275%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h204.83+0.599%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h203.63+0.010%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h203.57−0.020%$106K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h203.610.000%$41.7M$4.0M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h203.61long leg$50K$472K10x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h203.74+0.064%$806$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h203.91+0.147%$112K$152K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h204.70+0.535%$24K$137K50x
Aevo CBRS-PERP+0.0104%1h203.74+0.062%$23610xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+3.271%$115K$108K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0781%1h203.90+0.142%$12K$5K10xas long as short