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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against Bybit−0.166%99s7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1181.179% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.120%+$12 on $10k
Price spread, last 3 days (all we have)+0.131%+$13 · spread now −0.166%, 7d avg −0.024%
Together, before fees+0.251%+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.143% cheaper against Bybit than usual: you would sell low and buy high (spread −0.166% now, against its 7-day average of −0.024%). If the spread goes back, that is −$14 on $10k: about 4.8 days of funding at the current rate (+$3 a day). The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit CBRSUSDT210.320get 0.0000% / 8h7h 47m$2.0M$1.9M25x
ShortApeX Omni CBRSUSDT209.970.0100get 0.0013% / 1h47m 45s$25K$136K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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: −0.166% → −0.024%
−$14.25
Slippage, 4 orders
−$96.89
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$111.15
Costs to cover
1.179%
Break-even
44.0 days
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 23 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 Bybit live order book, 4 min ago3.57 bp21.7 bp −$22123.3 bp −$1,233doesn't fitdoesn't fit
Sell ApeX Omni live order book, 23 min ago29.36 bp39.5 bp −$39220.6 bp −$2,206doesn'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
edgeX CBRSUSDC−0.0681%4h209.88−0.210%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h210.29−0.013%$66K$147K20xas long as short
Bybit CBRSUSDTlong0.0000%8h210.32long leg$2.0M$1.9M25x
OKX CBRS-USDT-SWAP0.0000%8h210.35+0.014%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30−0.010%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.30−0.010%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.91−0.194%$359$218K10xas long as short
SunX CBRS-USDT0.0000%8h210.56+0.114%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.38+0.029%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.894%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0028%1h209.80−0.247%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h210.29−0.014%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.15−0.081%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.78−0.257%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h210.11−0.100%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.14−0.086%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h210.16−0.076%$347K$919K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.19−0.062%$144K$90K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.97−0.166%$25K$136K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.31−0.005%$864$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.28−0.017%$24410xas long as short
Variational Omni CBRS+0.0486%8h210.13−0.092%$425K$321Kas long as short
BloFin CBRS-USDT+0.0498%8h210.33+0.005%$146K$71K20xas long as short
Extended CBRS_24_5-USD+0.0512%1h210.320.000%$40K$265K10xas long as short
Binance CBRSUSDT+0.0514%8h210.36+0.021%$10.3M$29.8M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0797%1h210.30−0.010%$13K$5K10xas long as short