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+0.0285%/8h= +31.2% APRpaid last 24h +0.002%
Price spread now: Gate against ApeX Omni+0.184%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1511.509% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.184%, 7d avg +0.034%
Together, before fees−0.255%−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Gate is 0.150% dearer against ApeX Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.100%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.100% in total (about -5.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT206.120.0100pay 0.0013% / 1h17m 22s$24K$139K50x
ShortGate CBRS_USDT206.500.0385get 0.0385% / 8h1h 17m$2.9M$3.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$59.85
Price spread: +0.184% → +0.034%
$15.05
Slippage, 4 orders
−$125.87
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$75.97
Costs to cover
1.509%
Break-even
15.9 days
Slippage from ApeX Omni: live order book, 23 min ago; Gate: live order book, 6 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, 23 min ago27.96 bp39.4 bp −$39211.8 bp −$2,118doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago2.42 bp30.1 bp −$3076.0 bp −$760253.5 bp −$25.3Kdoesn'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−0.0609%8h206.44+0.155%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0179%1h206.16+0.019%$42.2M$4.1M10xas long as short
Aster CBRSUSDT0.0000%8h206.31+0.090%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.45+0.160%$2.2M$3.4M25xas long as short
SunX CBRS-USDT0.0000%8h206.64+0.252%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.29+0.082%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h206.09−0.015%$108K10xas long as short
Lighter CBRS+0.0032%1h206.09−0.015%$91K$898K10xas long as short
Phoenix CBRS+0.0039%1h205.86−0.126%$1K$108K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.17+0.024%$51K$1.1M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h206.31+0.092%$336K$719K10xas long as short
edgeX CBRSUSDC+0.0073%4h206.16+0.019%$23K$221K10xas long as short
QFEX CBRS-USD+0.0080%1h206.30+0.087%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0095%8h206.14+0.009%$401K$100Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.23+0.053%$114K$108K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h206.12long leg$24K$139K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.26+0.068%$816$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.25+0.064%$23910xas long as short
Binance CBRSUSDT+0.0142%8h206.39+0.133%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.33+0.102%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0176%8h206.23+0.053%$147K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0217%8h206.18+0.030%$449$217K10xas long as short
Bybit CBRSUSDT+0.0324%8h206.33+0.102%$2.1M$2.0M25xas long as short
Gate CBRS_USDTshort+0.0385%8h206.50+0.184%$2.9M$3.0M50x
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.013%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0963%1h206.31+0.092%$12K$5K10xas long as short