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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.014%
Price spread now: Lighter against Ondo Perps−0.019%7-day average −0.059% · you buy dearer than you sell
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 7 days−0.068%−$7 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.019%, 7d avg −0.059%
Together, before fees−0.044%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.040% dearer against Ondo Perps than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.059%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CBRS-USD.P206.010.0050pay 0.0006% / 1h15m 26s$334K$716K10x
ShortLighter CBRS205.970.0032get 0.0004% / 1h15m 26s$92K$925K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$3.86
Price spread: −0.019% → −0.059%
$3.98
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$4.89
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 20 min ago. 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 Ondo Perps no order-book sample
Sell Lighter live order book, 20 min ago0.49 bp6.3 bp −$610.8 bp −$108doesn't fitdoesn't fit
Ondo Perps: 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
Bitget CBRSUSDT−0.0416%8h206.23+0.107%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0264%1h205.93−0.039%$42.2M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h206.11+0.050%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.28+0.131%$2.2M$3.4M25xas long as short
Variational Omni CBRS0.0000%8h206.11+0.050%$401K$90Kas long as short
Phoenix CBRS0.0000%1h205.85−0.078%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.33+0.155%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.27+0.126%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0025%1h206.10+0.044%$108K10xas long as short
Binance CBRSUSDT+0.0031%8h206.19+0.086%$10.1M$30.6M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRSshort+0.0032%1h205.97−0.019%$92K$925K10x
Extended CBRS_24_5-USD+0.0032%1h206.15+0.068%$44K$389K10xas long as short
BloFin CBRS-USDT+0.0034%8h206.09+0.039%$147K$71K20xas long as short
QFEX CBRS-USD+0.0050%1h206.28+0.131%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.97−0.019%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.Plong+0.0050%1h206.01long leg$334K$716K10x
Deribit CBRS_USDC-PERPETUAL+0.0090%1h206.12+0.053%$12K$5K10xas long as short
GRVT CBRS_USDT_Perp+0.0094%8h206.03+0.011%$940$217K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.03+0.010%$114K$110K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.89−0.058%$24K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.10+0.044%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.09+0.038%$23910xas long as short
Bybit CBRSUSDT+0.0178%8h206.15+0.068%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0388%8h206.30+0.141%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.068%$115K$112K10xas long as short
edgeX CBRSUSDC+0.0632%4h206.09+0.040%$23K$221K10xas long as short