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+0.0037%/8h= +4.0% APRnext payment +$0.05 per $10,000 · paid last 24h +0.021%
Price spread now: ApeX Omni against QFEX+0.081%56s7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.886% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.103%+$10 on $10k
Price spread, last 4 days (all we have)−0.148%−$15 · spread now +0.081%, 7d avg −0.038%
Together, before fees−0.045%−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.119% dearer against QFEX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.038%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX CBRS-USD208.650.0063pay 0.0008% / 1h39m 47s$1.1M$3.1M10x
ShortApeX Omni CBRSUSDT208.820.0100get 0.0013% / 1h39m 47s$24K$141K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against QFEX. 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
$7.76
Price spread: +0.081% → −0.038%
$11.93
Slippage, 4 orders
−$68.55
Fee QFEX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$68.86
Costs to cover
0.886%
Break-even
69.1 days
Slippage from QFEX: live order book, 3 min ago; ApeX Omni: live order book, 11 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 QFEX live order book, 3 min ago1.92 bp7.9 bp −$818.9 bp −$189doesn't fitdoesn't fit
Sell ApeX Omni live order book, 11 min ago22.47 bp40.1 bp −$40209.9 bp −$2,099doesn'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
tradeXYZ xyz:CBRS−0.0427%1h208.33−0.153%$42.6M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.54−0.054%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.66+0.005%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.55−0.048%$2.4M$2.7M20xas long as short
SunX CBRS-USDT0.0000%8h208.77+0.058%$921$3.0M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.55−0.048%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h208.66+0.005%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.44−0.101%$95K10xas long as short
Lighter CBRS+0.0032%1h208.43−0.105%$90K$841K10xas long as short
Phoenix CBRS+0.0038%1h208.63−0.010%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h208.38−0.129%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.56−0.043%$339K$718K10xas long as short
QFEX CBRS-USDlong+0.0063%1h208.65long leg$1.1M$3.1M10x
GRVT CBRS_USDT_Perp+0.0067%8h208.78+0.062%$257$209K10xas long as short
Variational Omni CBRS+0.0098%8h208.52−0.063%$421K$88Kas long as short
KuCoin CBRSUSDTM+0.0100%8h208.56−0.043%$114K$114K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h208.82+0.081%$24K$141K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.59−0.029%$825$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.61−0.021%$24210xas long as short
Binance CBRSUSDT+0.0157%8h208.51−0.067%$10.1M$29.6M25xas long as short
Extended CBRS_24_5-USD+0.0160%1h208.53−0.057%$49K$263K10xas long as short
BloFin CBRS-USDT+0.0165%8h208.44−0.101%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.776%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0357%8h208.58−0.034%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0396%8h208.70+0.024%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0910%4h208.75+0.047%$23K$220K10xas long as short