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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0609%/8h= +66.7% APRnext payment +$0.76 per $10,000 · paid last 24h +0.077%
Price spread now: ApeX Omni against tradeXYZ+0.177%45s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1031.035% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.431%+$43 on $10k
Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.177%, 7d avg +0.074%
Together, before fees+0.299%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and ApeX Omni is 0.102% dearer against tradeXYZ than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.074%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS209.38−0.0509get 0.0064% / 1h56m 39s$42.9M$3.6M10x
ShortApeX Omni CBRSUSDT209.750.0100get 0.0013% / 1h56m 39s$25K$138K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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
$127.95
Price spread: +0.177% → +0.074%
$10.25
Slippage, 4 orders
−$75.46
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$34.74
Costs to cover
1.035%
Break-even
5.1 days
Slippage from tradeXYZ: live order book, 3 min ago; ApeX Omni: live order book, 9 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 tradeXYZ live order book, 3 min ago1.19 bp13.1 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 9 min ago26.91 bp38.8 bp −$39204.4 bp −$2,044doesn'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−0.0928%4h209.89+0.242%$24K$219K10xas long as short
tradeXYZ xyz:CBRSlong−0.0509%1h209.38long leg$42.9M$3.6M10x
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.449%$114K$114K10xas long as short
Polymarket Perps CBRS-USD−0.0002%1h209.40+0.010%$53K$1.1M10xas long as short
Aster CBRSUSDT0.0000%8h209.72+0.161%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.53+0.072%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.67+0.139%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.95+0.272%$590$211K10xas long as short
SunX CBRS-USDT0.0000%8h209.90+0.248%$1K$3.2M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.58+0.096%$12K$5K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h210.06+0.325%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h209.40+0.010%$98K10xas long as short
Lighter CBRS+0.0032%1h209.56+0.086%$90K$842K10xas long as short
QFEX CBRS-USD+0.0038%1h209.54+0.076%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.64+0.124%$1K$109K10xas long as short
Gate CBRS_USDT+0.0049%8h209.70+0.153%$2.9M$2.9M50xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.81+0.205%$342K$916K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.64+0.124%$114K$122K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.75+0.177%$25K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.68+0.143%$861$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.63+0.120%$24310xas long as short
Bybit CBRSUSDT+0.0135%8h209.63+0.119%$2.0M$1.9M25xas long as short
Variational Omni CBRS+0.0407%8h209.93+0.264%$424K$321Kas long as short
Binance CBRSUSDT+0.0430%8h209.58+0.096%$10.3M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0432%1h209.53+0.072%$46K$270K10xas long as short
BloFin CBRS-USDT+0.0457%8h209.64+0.124%$147K$71K20xas long as short