Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

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 HTX−0.128%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. ApeX Omni is 0.128% cheaper against HTX than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 4.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CBRS-USDT	210.39	0	get 0.0000% / 8h	7h 24m	$9K	$9K	20x
Short	ApeX Omni CBRSUSDT	210.12	0.0100	get 0.0013% / 1h	24m 33s	$25K	$137K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee ApeX OmnibpOrdersPrice spread, now −0.128%Rate

Funding earned: $21
Price spread: −0.128% → 0.000%: −$12.83
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$13.83
Costs to cover: 0.220%
Break-even: 11.6 days

Slippage unknown: HTX: no order-book sample; ApeX Omni: live order book, 46 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 46 min ago	29.36 bp	39.5 bp −$39	220.6 bp −$2,206	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CBRSUSDC	−0.0448%	4h	210.33	−0.027%	$24K	$221K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	210.20	−0.089%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	210.13	−0.124%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.01	−0.181%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	210.20	−0.090%	$2.9M	$3.0M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	210.02	−0.176%	$2.4M	$2.8M	20x	as long as short
GRVT CBRS_USDT_Perp	0.0000%	8h	210.34	−0.023%	$219	$213K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.47	+0.038%	$1K	$3.2M	10x	as long as short
HTX CBRS-USDTlong	0.0000%	8h	210.39	long leg	$9K	$9K	20x
Coinbase International CBRS-PERP-INTX	+0.0024%	1h	208.44	−0.927%	$114K	$114K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CBRS-USD-PERP	+0.0030%	1h	209.72	−0.318%	—	$98K	10x	as long as short
QFEX CBRS-USD	+0.0031%	1h	209.90	−0.233%	$1.1M	$3.4M	10x	as long as short
Lighter CBRS	+0.0032%	1h	210.00	−0.185%	$91K	$859K	10x	as long as short
Phoenix CBRS	+0.0038%	1h	210.23	−0.076%	$1K	$111K	10x	as long as short
tradeXYZ xyz:CBRS	+0.0049%	1h	209.87	−0.247%	$43.0M	$3.6M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	210.14	−0.119%	$54K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	210.34	−0.024%	$343K	$926K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	210.14	−0.119%	$114K	$122K	20x	as long as short
ApeX Omni CBRSUSDTshort	+0.0100%	1h	210.12	−0.128%	$25K	$137K	50x
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	210.23	−0.076%	$863	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	210.23	−0.077%	$244	—	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0131%	1h	210.28	−0.052%	$12K	$5K	10x	as long as short
Variational Omni CBRS	+0.0429%	8h	210.25	−0.069%	$425K	$321K	—	as long as short
BloFin CBRS-USDT	+0.0449%	8h	210.16	−0.109%	$147K	$71K	20x	as long as short
Binance CBRSUSDT	+0.0458%	8h	210.03	−0.173%	$10.3M	$29.8M	25x	as long as short
Extended CBRS_24_5-USD	+0.0464%	1h	209.98	−0.196%	$45K	$266K	10x	as long as short