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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0066%/8h= +7.2% APRpaid last 24h +0.046%
Price spread now: Binance against ApeX Omni−0.002%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$960.958% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.002%, 7d avg +0.024%
Together, before fees−0.095%−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.026% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.024%). If the spread goes back, that is −$3 on $10k: about 32 hours of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT208.790.0100pay 0.0013% / 1h42m 47s$24K$141K50x
ShortBinance CBRSUSDT208.790.0166get 0.0166% / 8h3h 42m$10.1M$29.5M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against ApeX Omni. 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
$13.85
Price spread: −0.002% → +0.024%
−$2.61
Slippage, 4 orders
−$75.83
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$84.58
Costs to cover
0.958%
Break-even
49.7 days
Slippage from ApeX Omni: live order book, 8 min ago; Binance: live order book, 14 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 ApeX Omni live order book, 8 min ago22.47 bp32.5 bp −$33202.6 bp −$2,026doesn't fitdoesn't fit
Sell Binance live order book, 14 min ago1.43 bp11.4 bp −$1131.0 bp −$310123.9 bp −$12.4Kdoesn'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
tradeXYZ xyz:CBRS−0.0368%1h208.52−0.129%$42.7M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.71−0.039%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.85+0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.77−0.010%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h209.01+0.105%$769$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.73−0.029%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h208.83+0.019%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.44−0.168%$94K10xas long as short
Lighter CBRS+0.0032%1h208.65−0.067%$90K$840K10xas long as short
Phoenix CBRS+0.0038%1h208.63−0.077%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h208.58−0.101%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0063%1h208.76−0.014%$1.1M$3.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0067%8h208.78−0.005%$257$209K10xas long as short
Ondo Perps CBRS-USD.P+0.0088%1h208.91+0.057%$339K$719K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.75−0.019%$114K$113K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h208.79long leg$24K$141K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.76−0.014%$826$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.78−0.006%$24210xas long as short
Variational Omni CBRS+0.0107%8h208.90+0.052%$421K$89Kas long as short
BloFin CBRS-USDT+0.0138%8h208.76−0.014%$148K$69K20xas long as short
Binance CBRSUSDTshort+0.0166%8h208.79−0.002%$10.1M$29.5M25x
Extended CBRS_24_5-USD+0.0168%1h208.72−0.033%$49K$263K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.709%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0375%8h208.90+0.053%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0396%8h209.00+0.101%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0746%4h208.95+0.076%$24K$221K10xas long as short