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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.131%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2022.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$22 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.131%, 7d avg −0.132%
Together, before fees+0.273%+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.132%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT206.290get 0.0000% / 8h20m 25s$1K$2.8M10x
ShortApeX Omni CBRSUSDT206.020.0100get 0.0013% / 1h20m 25s$24K$138K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.131% → −0.132%
$0.11
Slippage, 4 orders
−$183.51
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$180.39
Costs to cover
2.015%
Break-even
67.1 days
Slippage from SunX: live order book, 7 min ago; ApeX Omni: live order book, 15 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 SunX live order book, 7 min ago29.56 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 15 min ago24.99 bp39.2 bp −$39203.2 bp −$2,032doesn'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
Bitget CBRSUSDT−0.0427%8h206.06−0.111%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0246%1h205.78−0.247%$42.1M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h205.98−0.149%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.05−0.116%$2.2M$3.4M25xas long as short
Variational Omni CBRS0.0000%8h206.07−0.105%$401K$90Kas long as short
Phoenix CBRS0.0000%1h205.88−0.199%$1K$108K10xas long as short
SunX CBRS-USDTlong0.0000%8h206.29long leg$1K$2.8M10x
HTX CBRS-USDT0.0000%8h206.11−0.087%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0025%1h205.67−0.301%$108K10xas long as short
Lighter CBRS+0.0032%1h205.91−0.184%$92K$922K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CBRSUSDT+0.0039%8h205.99−0.145%$10.1M$30.6M25xas long as short
Extended CBRS_24_5-USD+0.0040%1h205.94−0.172%$44K$389K10xas long as short
BloFin CBRS-USDT+0.0046%8h206.21−0.039%$147K$71K20xas long as short
QFEX CBRS-USD+0.0050%1h205.91−0.184%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.78−0.247%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.93−0.175%$334K$715K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.95−0.165%$113K$109K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h206.02−0.131%$24K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.95−0.165%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.95−0.166%$23910xas long as short
GRVT CBRS_USDT_Perp+0.0110%8h206.02−0.131%$571$216K10xas long as short
Bybit CBRSUSDT+0.0192%8h206.08−0.102%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0235%1h206.11−0.087%$12K$5K10xas long as short
Gate CBRS_USDT+0.0387%8h206.10−0.092%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+1.929%$115K$112K10xas long as short
edgeX CBRSUSDC+0.0997%4h206.01−0.134%$23K$220K10xas long as short