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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.023%
Price spread now: ApeX Omni against QFEX−0.152%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$900.900% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.102%+$10 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now −0.152%, 7d avg −0.040%
Together, before fees+0.117%+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.112% cheaper against QFEX than usual: you would sell low and buy high (spread −0.152% now, against its 7-day average of −0.040%). If the spread goes back, that is −$11 on $10k: about 7.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD210.210.0051pay 0.0006% / 1h5m 29s$1.1M$3.3M10x
ShortApeX Omni CBRSUSDT209.890.0100get 0.0013% / 1h5m 29s$25K$139K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$10.2
Price spread: −0.152% → −0.040%
−$11.22
Slippage, 4 orders
−$69.99
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$91.02
Costs to cover
0.900%
Break-even
69.5 days
Slippage from QFEX: live order book, 3 min ago; ApeX Omni: live order book, 55 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 QFEX live order book, 3 min ago1.90 bp7.4 bp −$715.1 bp −$151doesn't fitdoesn't fit
Sell ApeX Omni live order book, 55 min ago27.02 bp37.5 bp −$38204.6 bp −$2,046doesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27+0.029%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.17−0.018%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.38+0.081%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.26+0.024%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.99−0.105%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.45+0.114%$989$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.28+0.033%$9K$9K20xas long as short
GRVT CBRS_USDT_Perp+0.0016%8h210.12−0.043%$574$205K10xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.69−0.247%$94K10xas long as short
Lighter CBRS+0.0032%1h210.04−0.081%$90K$831K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.94−0.128%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.14−0.033%$55K$1.1M10xas long as short
QFEX CBRS-USDlong+0.0051%1h210.21long leg$1.1M$3.3M10x
Ondo Perps CBRS-USD.P+0.0086%1h210.12−0.043%$341K$734K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.08−0.062%$115K$116K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.89−0.152%$25K$139K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.19−0.010%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.21−0.001%$24410xas long as short
Variational Omni CBRS+0.0227%8h210.15−0.027%$425K$107Kas long as short
Bybit CBRSUSDT+0.0268%8h210.35+0.067%$2.1M$1.9M25xas long as short
Extended CBRS_24_5-USD+0.0272%1h210.18−0.017%$45K$262K10xas long as short
Binance CBRSUSDT+0.0273%8h210.24+0.016%$10.3M$29.4M25xas long as short
Gate CBRS_USDT+0.0281%8h210.40+0.090%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0289%8h210.25+0.019%$105K$69K20xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0417%1h210.16−0.024%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0712%4h210.19−0.007%$24K$220K10xas long as short