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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0016%/8h= −1.8% APRnext payment $0.02 per $10,000 · paid last 24h +0.040%
Price spread now: Extended against Lighter+0.072%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.072%, 7d avg +0.056%
Together, before fees+0.018%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS205.880.0016pay 0.0002% / 1h55m 41s$90K$1.1M10x
ShortExtended CBRS_24_5-USD206.030get 0.0000% / 1h55m 41s$44K$387K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$3.36
Price spread: +0.072% → +0.056%
$1.56
Slippage, 4 orders
−$43.14
Fee Lighter: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$49.94
Costs to cover
0.481%
Break-even
never at this rate
Slippage from Lighter: live order book, 5 min ago; Extended: live order book, 37 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, 5 min ago4.61 bp9.1 bp −$915.1 bp −$151doesn't fitdoesn't fit
Sell Extended live order book, 37 min ago2.70 bp16.7 bp −$17159.9 bp −$1,599doesn'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
tradeXYZ xyz:CBRS−0.0231%1h205.880.000%$42.2M$4.0M10xas long as short
Bitget CBRSUSDT−0.0142%8h205.97+0.044%$2.3M$2.7M20xas long as short
Phoenix CBRS−0.0039%1h205.91+0.015%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0018%8h206.08+0.097%$147K$72K20xas long as short
Aster CBRSUSDT0.0000%8h206.11+0.111%$65K$148K20xas long as short
Extended CBRS_24_5-USDshort0.0000%1h206.03+0.072%$44K$387K10x
Binance CBRSUSDT0.0000%8h205.98+0.049%$10.2M$32.4M25xas long as short
Bybit CBRSUSDT0.0000%8h206.01+0.063%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.07+0.092%$2.2M$3.5M25xas long as short
Variational Omni CBRS0.0000%8h206.10+0.109%$395K$101Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CBRS_USDT_Perp0.0000%8h206.12+0.117%$649$220K10xas long as short
SunX CBRS-USDT0.0000%8h206.49+0.296%$1K$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.267%$9K$10K20xas long as short
Lighter CBRSlong+0.0016%1h205.88long leg$90K$1.1M10x
Vest CBRS-USD-PERP+0.0022%1h205.87−0.005%$107K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.07+0.092%$51K$471K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.09+0.102%$329K$724K10xas long as short
QFEX CBRS-USD+0.0066%1h206.14+0.126%$1.1M$3.0M10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.08+0.097%$815$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.14+0.126%$112K$190K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.86−0.010%$24K$138K50xas long as short
Aevo CBRS-PERP+0.0104%1h206.05+0.081%$23910xas long as short
Gate CBRS_USDT+0.0151%8h206.30+0.204%$2.9M$3.1M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0187%1h206.18+0.146%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0300%4h206.18+0.145%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0400%1h210.27+2.132%$115K$108K10xas long as short