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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h −0.031%
Price spread now: ApeX Omni against BloFin−0.184%103s7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1021.022% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.184%, 7d avg −0.034%
Together, before fees+0.335%+$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.150% cheaper against BloFin than usual: you would sell low and buy high (spread −0.184% now, against its 7-day average of −0.034%). If the spread goes back, that is −$15 on $10k: about 4.2 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.068% in total) that is about 15 days. The two prices were read 103 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CBRS-USDT206.22−0.0018get 0.0018% / 8h6h 11m$148K$73K20x
ShortApeX Omni CBRSUSDT205.840.0100get 0.0013% / 1h11m 39s$24K$139K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
$24.78
Price spread: −0.184% → −0.034%
−$15.03
Slippage, 4 orders
−$80.22
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$92.46
Costs to cover
1.022%
Break-even
33.1 days
Slippage from BloFin: live order book, 32 min ago; ApeX Omni: live order book, 37 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 BloFin live order book, 32 min ago0.24 bp8.2 bp −$831.6 bp −$316doesn't fitdoesn't fit
Sell ApeX Omni live order book, 37 min ago27.24 bp38.2 bp −$38202.8 bp −$2,028doesn'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
tradeXYZ xyz:CBRS−0.0599%1h206.05−0.082%$42.2M$4.0M10xas long as short
edgeX CBRSUSDC−0.0426%4h206.28+0.031%$23K$222K10xas long as short
Phoenix CBRS−0.0116%1h206.10−0.058%$1K$109K10xas long as short
Lighter CBRS−0.0056%1h206.08−0.068%$90K$1.2M10xas long as short
BloFin CBRS-USDTlong−0.0018%8h206.22long leg$148K$73K20x
Aster CBRSUSDT0.0000%8h205.92−0.145%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h206.20−0.008%$44K$388K10xas long as short
Binance CBRSUSDT0.0000%8h206.27+0.024%$10.2M$32.6M25xas long as short
Bybit CBRSUSDT0.0000%8h206.28+0.029%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.24+0.010%$2.2M$3.4M25xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CBRSUSDT0.0000%8h206.23+0.005%$2.3M$2.7M20xas long as short
Variational Omni CBRS0.0000%8h206.21−0.005%$395K$101Kas long as short
SunX CBRS-USDT0.0000%8h206.44+0.107%$1K$2.6M10xas long as short
HTX CBRS-USDT0.0000%8h206.29+0.034%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h206.10−0.058%$105K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0041%1h206.18−0.019%$12K$5K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.10−0.058%$51K$465K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.12−0.048%$331K$724K10xas long as short
QFEX CBRS-USD+0.0066%1h206.21−0.005%$1.1M$3.1M10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.220.000%$816$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.28+0.029%$112K$238K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h205.84−0.184%$24K$139K50x
Aevo CBRS-PERP+0.0104%1h206.21−0.007%$23910xas long as short
Gate CBRS_USDT+0.0258%8h206.40+0.087%$2.9M$3.2M50xas long as short
GRVT CBRS_USDT_Perp+0.0288%8h206.23+0.004%$738$224K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0400%1h210.27+1.964%$115K$108K10xas long as short