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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.019%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4154.149% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)+0.352%+$35 · spread now +0.019%, 7d avg +0.065%
Together, before fees+0.529%+ Points / potential airdropLighter: Season 3 · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Lighter than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.065%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS209.300.0032pay 0.0004% / 1h24m 31s$90K$831K10x
ShortKuCoin CBRSUSDTM209.340.0100get 0.0100% / 8h5h 24m$114K$118K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.019% → +0.065%
−$4.64
Slippage, 4 orders
−$402.85
Fee Lighter: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$405.21
Costs to cover
4.149%
Break-even
205.6 days
Slippage from Lighter: live order book, 36 min ago; KuCoin: live order book, 64 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, 36 min ago0.72 bp11.8 bp −$1214.9 bp −$149doesn't fitdoesn't fit
Sell KuCoin live order book, 64 min ago13.15 bp208.9 bp −$209doesn't fitdoesn'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
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.411%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.42+0.058%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.55+0.119%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.44+0.067%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.44+0.066%$884$204K10xas long as short
Phoenix CBRS0.0000%1h209.300.000%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.70+0.191%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.51+0.100%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.07−0.110%$94K10xas long as short
Lighter CBRSlong+0.0032%1h209.30long leg$90K$831K10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0034%1h209.27−0.014%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.42+0.057%$55K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.43+0.062%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.42+0.057%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.34+0.019%$114K$118K20x
ApeX Omni CBRSUSDT+0.0100%1h209.48+0.086%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.46+0.076%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.48+0.084%$24310xas long as short
Bybit CBRSUSDT+0.0136%8h209.47+0.081%$2.1M$1.9M25xas long as short
Variational Omni CBRS+0.0201%8h209.48+0.087%$423K$112Kas long as short
Gate CBRS_USDT+0.0214%8h209.60+0.143%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0228%8h209.55+0.119%$105K$69K20xas long as short
Extended CBRS_24_5-USD+0.0248%1h209.44+0.065%$44K$266K10xas long as short
Binance CBRSUSDT+0.0249%8h209.51+0.099%$10.3M$29.4M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0706%1h209.47+0.081%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0898%4h209.39+0.041%$24K$219K10xas long as short