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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0664%/8h= +72.7% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter+0.065%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$600.603% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.065%−$7 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.065%, 7d avg +0.077%
Together, before fees−0.054%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS205.14−0.0664get 0.0083% / 1h53m 18s$93K$1.0M10x
ShortAster CBRSUSDT205.270get 0.0000% / 8h7h 53m$65K$147K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$139.44
Price spread: +0.065% → +0.077%
−$1.23
Slippage, 4 orders
−$52.25
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$77.95
Costs to cover
0.603%
Break-even
3.1 days
Slippage from Lighter: live order book, 2 min ago; Aster: live order book, 43 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, 2 min ago2.68 bp12.8 bp −$1315.2 bp −$152doesn't fitdoesn't fit
Sell Aster live order book, 43 min ago3.88 bp20.4 bp −$20593.0 bp −$5,930doesn'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
GRVT CBRS_USDT_Perp−0.0952%8h205.47+0.160%$294$216K10xas long as short
Lighter CBRSlong−0.0664%1h205.14long leg$93K$1.0M10x
Bybit CBRSUSDT−0.0555%8h205.21+0.034%$2.1M$2.1M25xas long as short
tradeXYZ xyz:CBRS−0.0530%1h204.07−0.522%$41.8M$4.0M10xas long as short
Ondo Perps CBRS-USD.P−0.0398%1h205.01−0.063%$335K$715K10xas long as short
Bitget CBRSUSDT−0.0375%8h205.06−0.039%$2.4M$2.5M20xas long as short
Deribit CBRS_USDC-PERPETUAL−0.0286%1h205.15+0.005%$12K$5K10xas long as short
Phoenix CBRS−0.0039%1h204.57−0.278%$1K$108K10xas long as short
Aster CBRSUSDTshort0.0000%8h205.27+0.065%$65K$147K20x
Extended CBRS_24_5-USD0.0000%1h205.16+0.010%$44K$385K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h205.31+0.083%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h205.10−0.019%$2.9M$3.0M50xas long as short
Variational Omni CBRS0.0000%8h205.55+0.198%$401K$90Kas long as short
SunX CBRS-USDT0.0000%8h205.49+0.171%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.19+0.512%$9K$10K20xas long as short
Binance CBRSUSDT0.0000%8h205.33+0.092%$10.0M$31.3M25xas long as short
QFEX CBRS-USD+0.0017%1h204.57−0.278%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0017%1h204.03−0.541%$107K10xas long as short
BloFin CBRS-USDT+0.0023%8h205.12−0.010%$147K$71K20xas long as short
Polymarket Perps CBRS-USD+0.0050%1h204.07−0.522%$50K$567K10xas long as short
edgeX CBRSUSDC+0.0082%4h205.35+0.104%$23K$220K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h204.92−0.107%$810$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.27+0.063%$114K$128K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.48+0.166%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h204.98−0.078%$23810xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.501%$115K$108K10xas long as short