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−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against ApeX Omni−0.029%7-day average +0.010% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.075%−$8 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.029%, 7d avg +0.010%
Together, before fees−0.032%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.039% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT210.220.0100pay 0.0013% / 1h45m 30s$25K$136K50x
ShortOndo Perps CBRS-USD.P210.160.0050get 0.0006% / 1h45m 30s$348K$919K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$10.42
Price spread: −0.029% → +0.010%
−$3.87
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$29.28
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 25 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 25 min ago29.36 bp39.4 bp −$39205.3 bp −$2,053doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0341%4h210.26+0.020%$24K$222K10xas long as short
Aster CBRSUSDT0.0000%8h210.35+0.062%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.46+0.114%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.44+0.105%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.40+0.086%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.41+0.090%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h210.26+0.019%$635$216K10xas long as short
SunX CBRS-USDT0.0000%8h210.65+0.205%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.38+0.076%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.847%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0028%1h210.06−0.076%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h210.32+0.048%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.34+0.057%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.97−0.119%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h210.09−0.062%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.24+0.010%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0050%1h210.16−0.029%$348K$919K10x
Deribit CBRS_USDC-PERPETUAL+0.0083%1h210.44+0.105%$13K$5K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.26+0.019%$144K$90K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h210.22long leg$25K$136K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.40+0.086%$864$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.45+0.108%$24410xas long as short
Variational Omni CBRS+0.0479%8h210.39+0.082%$425K$321Kas long as short
BloFin CBRS-USDT+0.0494%8h210.38+0.076%$146K$71K20xas long as short
Binance CBRSUSDT+0.0511%8h210.41+0.088%$10.3M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0512%1h210.36+0.067%$41K$277K10xas long as short