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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.126%7-day average −0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$207as in the Price arb table
costs, in and out, $10k−$2082.079% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$22 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.126%, 7d avg −0.131%
Together, before fees+0.256%+$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.131%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT205.900get 0.0000% / 8h1h 39m$2K$2.9M10x
ShortApeX Omni CBRSUSDT205.640.0100get 0.0013% / 1h39m 16s$24K$138K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.126% → −0.131%
$0.5
Slippage, 4 orders
−$189.93
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$186.43
Costs to cover
2.079%
Break-even
69.1 days
Slippage from SunX: live order book, 8 min ago; ApeX Omni: live order book, 1 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 SunX live order book, 8 min ago29.36 bp47.7 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 1 min ago27.96 bp41.8 bp −$42228.1 bp −$2,281doesn'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
Bitget CBRSUSDT−0.0622%8h205.77−0.063%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0220%1h205.32−0.282%$42.0M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h205.63−0.130%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.69−0.102%$2.2M$3.5M25xas long as short
SunX CBRS-USDTlong0.0000%8h205.90long leg$2K$2.9M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.54−0.175%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h205.72−0.087%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0018%1h205.46−0.214%$107K10xas long as short
Lighter CBRS+0.0032%1h205.61−0.141%$89K$888K10xas long as short
Phoenix CBRS+0.0039%1h205.50−0.194%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.41−0.238%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.53−0.180%$335K$714K10xas long as short
QFEX CBRS-USD+0.0080%1h205.62−0.136%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0083%8h205.58−0.153%$416K$89Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.51−0.189%$114K$110K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h205.64−0.126%$24K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.56−0.165%$813$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.57−0.159%$23810xas long as short
BloFin CBRS-USDT+0.0112%8h205.59−0.151%$147K$70K20xas long as short
Binance CBRSUSDT+0.0133%8h205.54−0.173%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h205.50−0.196%$44K$389K10xas long as short
GRVT CBRS_USDT_Perp+0.0202%8h205.64−0.127%$942$217K10xas long as short
Bybit CBRSUSDT+0.0336%8h205.60−0.146%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0374%8h205.80−0.049%$2.9M$3.0M50xas long as short
edgeX CBRSUSDC+0.0488%4h205.58−0.157%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.122%$115K$116K10xas long as short