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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Bybit against ApeX Omni+0.005%49s7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1171.174% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 3 days (all we have)+0.031%+$3 · spread now +0.005%, 7d avg +0.024%
Together, before fees−0.089%−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT210.120.0100pay 0.0013% / 1h24m 41s$25K$137K50x
ShortBybit CBRSUSDT210.130get 0.0000% / 8h7h 24m$2.0M$1.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$21
Price spread: +0.005% → +0.024%
−$1.91
Slippage, 4 orders
−$96.42
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$140.33
Costs to cover
1.174%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 46 min ago; Bybit: live order book, 2 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, 46 min ago29.36 bp39.4 bp −$39205.3 bp −$2,053doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago3.33 bp17.3 bp −$17124.4 bp −$1,244doesn'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−0.0448%4h210.33+0.101%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h210.28+0.075%$66K$147K20xas long as short
Bybit CBRSUSDTshort0.0000%8h210.13+0.005%$2.0M$1.9M25x
OKX CBRS-USDT-SWAP0.0000%8h210.10−0.010%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30+0.086%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.02−0.048%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h210.34+0.106%$219$213K10xas long as short
SunX CBRS-USDT0.0000%8h210.47+0.167%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.39+0.128%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.800%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0030%1h210.03−0.043%$97K10xas long as short
QFEX CBRS-USD+0.0031%1h210.19+0.033%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.00−0.057%$91K$859K10xas long as short
Phoenix CBRS+0.0038%1h210.23+0.052%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0049%1h209.87−0.119%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.14+0.010%$54K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h210.34+0.105%$343K$926K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.17+0.024%$114K$122K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h210.12long leg$25K$137K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.23+0.052%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.23+0.052%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0131%1h210.28+0.076%$12K$5K10xas long as short
Variational Omni CBRS+0.0429%8h210.25+0.060%$425K$321Kas long as short
BloFin CBRS-USDT+0.0449%8h210.16+0.019%$147K$71K20xas long as short
Binance CBRSUSDT+0.0458%8h210.06−0.029%$10.3M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0464%1h210.18+0.028%$45K$266K10xas long as short