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+0.0286%/8h= +31.3% APRnext payment +$0.36 per $10,000 · paid last 24h +0.045%
Price spread now: Lighter against tradeXYZ+0.015%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.478% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.257%+$26 on $10k
Price spread, last 4 days (all we have)+0.051%+$5 · spread now +0.015%, 7d avg +0.027%
Together, before fees+0.308%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CBRS205.85−0.0270get 0.0034% / 1h55m 20s$42.2M$4.0M10x
ShortLighter CBRS205.880.0016get 0.0002% / 1h55m 20s$90K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
$60.07
Price spread: +0.015% → +0.027%
−$1.22
Slippage, 4 orders
−$29.83
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$11.02
Costs to cover
0.478%
Break-even
5.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Lighter: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago0.24 bp17.6 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, just now0.49 bp7.3 bp −$711.6 bp −$116doesn'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:CBRSlong−0.0270%1h205.85long leg$42.2M$4.0M10x
Bitget CBRSUSDT−0.0142%8h205.87+0.010%$2.3M$2.7M20xas long as short
Phoenix CBRS−0.0039%1h206.06+0.102%$1K$109K10xas long as short
BloFin CBRS-USDT−0.0018%8h206.08+0.112%$147K$72K20xas long as short
Aster CBRSUSDT0.0000%8h206.17+0.156%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.75−0.049%$44K$387K10xas long as short
Binance CBRSUSDT0.0000%8h205.81−0.019%$10.2M$32.4M25xas long as short
Bybit CBRSUSDT0.0000%8h206.03+0.087%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.75−0.049%$2.2M$3.5M25xas long as short
Variational Omni CBRS0.0000%8h206.10+0.124%$395K$101Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CBRS_USDT_Perp0.0000%8h206.10+0.121%$719$221K10xas long as short
SunX CBRS-USDT0.0000%8h206.37+0.253%$1K$2.7M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.92+0.034%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.282%$9K$10K20xas long as short
Lighter CBRSshort+0.0016%1h205.88+0.015%$90K$1.1M10x
Vest CBRS-USD-PERP+0.0022%1h205.92+0.034%$107K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.07+0.107%$51K$471K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h206.09+0.117%$329K$724K10xas long as short
QFEX CBRS-USD+0.0066%1h206.07+0.107%$1.1M$3.0M10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.77−0.039%$814$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.14+0.141%$112K$190K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.850.000%$24K$138K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.72−0.062%$23910xas long as short
Gate CBRS_USDT+0.0158%8h206.00+0.073%$2.9M$3.1M50xas long as short
edgeX CBRSUSDC+0.0300%4h206.08+0.111%$23K$221K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0400%1h210.27+2.147%$115K$108K10xas long as short