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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.013%
Price spread now: ApeX Omni against Lighter−0.057%108s7-day average +0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$890.892% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 3 days (all we have)+0.101%+$10 · spread now −0.057%, 7d avg +0.054%
Together, before fees+0.243%+ Points / potential airdropLighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.111% cheaper against Lighter than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of +0.054%). If the spread goes back, that is −$11 on $10k: about 5.5 days of funding at the current rate (+$2 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS209.440.0032pay 0.0004% / 1h19m 39s$91K$868K10x
ShortApeX Omni CBRSUSDT209.320.0100get 0.0013% / 1h19m 39s$24K$136K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$14.28
Price spread: −0.057% → +0.054%
−$11.14
Slippage, 4 orders
−$79.18
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$86.04
Costs to cover
0.892%
Break-even
49.2 days
Slippage from Lighter: live order book, 56 min ago; ApeX Omni: live order book, 56 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 Lighter live order book, 56 min ago0.48 bp6.7 bp −$79.5 bp −$95doesn't fitdoesn't fit
Sell ApeX Omni live order book, 56 min ago24.84 bp42.0 bp −$42221.1 bp −$2,211doesn'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
Deribit CBRS_USDC-PERPETUAL−0.0705%1h209.32−0.057%$12K$5K10xas long as short
edgeX CBRSUSDC−0.0599%4h209.31−0.060%$24K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0217%1h209.38−0.029%$42.9M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.36−0.039%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.61+0.081%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.60+0.076%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.50+0.029%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.32−0.057%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.63+0.091%$964$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.43−0.005%$9K$7K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CBRS_USDT+0.0004%8h209.50+0.029%$2.9M$3.1M50xas long as short
Vest CBRS-USD-PERP+0.0014%1h209.11−0.158%$94K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.477%$114K$114K10xas long as short
QFEX CBRS-USD+0.0021%1h209.39−0.024%$1.1M$3.4M10xas long as short
Lighter CBRSlong+0.0032%1h209.44long leg$91K$868K10x
Polymarket Perps CBRS-USD+0.0050%1h209.25−0.091%$57K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.26−0.086%$342K$919K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.41−0.014%$143K$92K20xas long as short
ApeX Omni CBRSUSDTshort+0.0100%1h209.32−0.057%$24K$136K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.34−0.048%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.44+0.001%$24310xas long as short
Variational Omni CBRS+0.0445%8h209.32−0.059%$423K$321Kas long as short
BloFin CBRS-USDT+0.0456%8h209.39−0.024%$146K$70K20xas long as short
Extended CBRS_24_5-USD+0.0472%1h209.40−0.021%$43K$246K10xas long as short
Binance CBRSUSDT+0.0472%8h209.45+0.004%$10.3M$30.0M25xas long as short
GRVT CBRS_USDT_Perp+0.0556%8h209.37−0.033%$488$222K10xas long as short