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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against ApeX Omni−0.096%7-day average +0.131% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2062.062% 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)+0.136%+$14 · spread now −0.096%, 7d avg +0.131%
Together, before fees−0.079%−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.227% cheaper against ApeX Omni than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.131%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT208.050.0100pay 0.0013% / 1h44m 57s$24K$139K50x
ShortSunX CBRS-USDT207.850get 0.0000% / 8h5h 44m$1K$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: −0.096% → +0.131%
−$22.7
Slippage, 4 orders
−$188.23
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$249.94
Costs to cover
2.062%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 63 min ago; SunX: 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, 63 min ago27.24 bp41.2 bp −$41201.4 bp −$2,014doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago29.78 bp78.9 bp −$79doesn't fitdoesn't fitdoesn't fit

CBRS on 26 exchanges

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−0.0289%4h207.95−0.047%$23K$222K10xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0136%1h207.42−0.303%$12K$5K10xas long as short
Phoenix CBRS−0.0116%1h207.57−0.231%$1K$109K10xas long as short
QFEX CBRS-USD−0.0009%1h207.45−0.288%$1.1M$3.0M10xas long as short
Aster CBRSUSDT0.0000%8h207.69−0.172%$66K$149K20xas long as short
Bybit CBRSUSDT0.0000%8h207.61−0.211%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.59−0.221%$2.2M$3.4M25xas long as short
Bitget CBRSUSDT0.0000%8h207.57−0.231%$2.3M$2.8M20xas long as short
SunX CBRS-USDTshort0.0000%8h207.85−0.096%$1K$2.5M10x
HTX CBRS-USDT+0.0007%8h208.26+0.101%$9K$10K20xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0019%1h208.10+0.024%$106K10xas long as short
Variational Omni CBRS+0.0031%8h207.65−0.191%$399K$101Kas long as short
Lighter CBRS+0.0032%1h207.36−0.332%$90K$1.2M10xas long as short
tradeXYZ xyz:CBRS+0.0039%1h207.61−0.211%$42.6M$4.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h207.70−0.168%$51K$464K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h207.44−0.293%$329K$729K10xas long as short
Extended CBRS_24_5-USD+0.0080%1h207.48−0.274%$44K$386K10xas long as short
Binance CBRSUSDT+0.0082%8h207.54−0.243%$10.2M$33.0M25xas long as short
BloFin CBRS-USDT+0.0087%8h207.55−0.240%$149K$74K20xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h207.51−0.260%$821$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h207.76−0.139%$113K$269K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h208.05long leg$24K$139K50x
Aevo CBRS-PERP+0.0104%1h207.54−0.244%$24110xas long as short
Gate CBRS_USDT+0.0320%8h207.60−0.216%$2.9M$3.3M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0320%1h210.27+1.067%$115K$107K10xas long as short
GRVT CBRS_USDT_Perp+0.0609%8h208.03−0.010%$974$230K10xas long as short