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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.157%47s7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$180as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2022.017% 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)+0.222%+$22 · spread now −0.157%, 7d avg −0.134%
Together, before fees+0.438%+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.023% cheaper against SunX than usual: you would sell low and buy high (spread −0.157% now, against its 7-day average of −0.134%). If the spread goes back, that is −$2 on $10k: about 19 hours of funding at the current rate (+$3 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT210.290get 0.0000% / 8h5h 01m$1K$3.0M10x
ShortApeX Omni CBRSUSDT209.960.0100get 0.0013% / 1h1m 24s$25K$139K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.157% → −0.134%
−$2.33
Slippage, 4 orders
−$183.73
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$183.06
Costs to cover
2.017%
Break-even
68.0 days
Slippage from SunX: live order book, 6 min ago; ApeX Omni: live order book, 59 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 SunX live order book, 6 min ago29.44 bp47.7 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 59 min ago27.02 bp37.5 bp −$38204.6 bp −$2,046doesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27−0.010%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.08−0.101%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.23−0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.11−0.086%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.95−0.162%$1K$108K10xas long as short
SunX CBRS-USDTlong0.0000%8h210.29long leg$1K$3.0M10x
HTX CBRS-USDT0.0000%8h210.21−0.038%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.281%$94K10xas long as short
GRVT CBRS_USDT_Perp+0.0022%8h210.11−0.084%$511$205K10xas long as short
Lighter CBRS+0.0032%1h210.00−0.138%$91K$833K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.91−0.181%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.06−0.109%$54K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.06−0.109%$1.1M$3.2M10xas long as short
Ondo Perps CBRS-USD.P+0.0079%1h210.12−0.081%$341K$733K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.05−0.114%$115K$115K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.96−0.157%$25K$139K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.12−0.081%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17−0.058%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.11−0.086%$12K$5K10xas long as short
Variational Omni CBRS+0.0227%8h210.15−0.065%$425K$107Kas long as short
Extended CBRS_24_5-USD+0.0264%1h210.10−0.088%$45K$262K10xas long as short
Binance CBRSUSDT+0.0265%8h210.16−0.062%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0280%8h210.25−0.019%$2.1M$1.9M25xas long as short
BloFin CBRS-USDT+0.0284%8h210.07−0.105%$105K$69K20xas long as short
Gate CBRS_USDT+0.0287%8h210.30+0.005%$2.9M$3.0M50xas long as short
edgeX CBRSUSDC+0.0749%4h210.23−0.029%$24K$220K10xas long as short