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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.020%
Price spread now: Lighter against Variational Omni+0.077%7-day average −0.079% · 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 3 days (all we have)−0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.101%−$10 · spread now +0.077%, 7d avg −0.079%
Together, before fees−0.103%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.156% dearer against Variational Omni than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.079%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 3 days (−0.002% in total) that is about 8 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CBRS209.380.0381pay 0.0381% / 8h46m 43s$423K$321K
ShortLighter CBRS209.540.0248get 0.0031% / 1h46m 43s$93K$861K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
−$27.94
Price spread: +0.077% → −0.079%
$15.57
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.37
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 32 min ago; Lighter: live order book, 28 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 Variational Omni RFQ quote, 32 min ago2.98 bpdoesn't fit43.6 bp −$436doesn't fitdoesn't fit
Sell Lighter live order book, 28 min ago0.48 bp4.7 bp −$510.7 bp −$107doesn'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
Aster CBRSUSDT0.0000%8h209.29−0.041%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.52+0.067%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.54+0.077%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.50+0.058%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.45+0.034%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.23−0.071%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.66+0.134%$1K$3.3M10xas long as short
HTX CBRS-USDT0.0000%8h209.49+0.053%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.448%$114K$114K10xas long as short
Vest CBRS-USD-PERP+0.0016%1h208.95−0.205%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0021%1h209.34−0.019%$1.1M$3.4M10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.27−0.052%$42.9M$3.6M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.28−0.047%$30K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.37−0.004%$346K$913K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.17−0.100%$143K$93K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.00−0.181%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.38+0.001%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.50+0.056%$24310xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0228%1h209.43+0.024%$12K$4K10xas long as short
Lighter CBRSshort+0.0248%1h209.54+0.077%$93K$861K10x
edgeX CBRSUSDC+0.0318%4h209.37−0.005%$24K$221K10xas long as short
Variational Omni CBRSlong+0.0381%8h209.38long leg$423K$321K
BloFin CBRS-USDT+0.0430%8h209.38+0.001%$146K$70K20xas long as short
Extended CBRS_24_5-USD+0.0432%1h209.36−0.008%$43K$246K10xas long as short
Binance CBRSUSDT+0.0438%8h209.42+0.022%$10.3M$30.0M25xas long as short
GRVT CBRS_USDT_Perp+0.0548%8h209.42+0.020%$477$227K10xas long as short