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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.002%
Price spread now: Orderly against Lighter+0.062%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.062% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS208.350.0032pay 0.0004% / 1h3m 41s$90K$932K10x
ShortOrderly PERP_CBRS_USDC_mythos208.480.0100get 0.0100% / 8h2h 03m$856$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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: +0.062% → 0.000%
$6.24
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$14.52
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Lighter: live order book, 17 min ago; Orderly: no order-book sample. Net counts fees only.

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, 17 min ago14.38 bp14.4 bp −$1417.3 bp −$173doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS−0.0161%1h208.28−0.034%$42.7M$3.6M10xas long as short
Phoenix CBRS−0.0038%1h208.44+0.043%$1K$112K10xas long as short
Aster CBRSUSDT0.0000%8h208.39+0.020%$65K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.47+0.058%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.58+0.110%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.50+0.072%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.50+0.072%$2.4M$2.8M20xas long as short
SunX CBRS-USDT0.0000%8h208.68+0.158%$1K$3.4M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.56+0.101%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.54+0.091%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0017%1h208.48+0.062%$1.1M$3.3M10xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.20−0.072%$90K10xas long as short
Variational Omni CBRS+0.0029%8h208.45+0.048%$421K$321Kas long as short
Lighter CBRSlong+0.0032%1h208.35long leg$90K$932K10x
Polymarket Perps CBRS-USD+0.0050%1h208.38+0.014%$24K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.48+0.062%$329K$884K10xas long as short
Extended CBRS_24_5-USD+0.0064%1h208.49+0.066%$43K$246K10xas long as short
Binance CBRSUSDT+0.0069%8h208.50+0.070%$10.2M$30.3M25xas long as short
BloFin CBRS-USDT+0.0071%8h208.42+0.034%$146K$70K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0072%1h208.24−0.053%$113K$113K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.350.000%$142K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.55+0.096%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythosshort+0.0100%8h208.48+0.062%$856$1K10x
Aevo CBRS-PERP+0.0104%1h208.54+0.091%$24210xas long as short
GRVT CBRS_USDT_Perp+0.0238%8h208.49+0.066%$901$242K10xas long as short
edgeX CBRSUSDC+0.0978%4h208.44+0.045%$24K$220K10xas long as short