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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0013%/8h= −1.4% APRnext payment $0.02 per $10,000 · paid last 24h −0.002%
Price spread now: Vest against Lighter−0.077%7-day average · 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 3 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 · Vest: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Vest is 0.077% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS208.990.0032pay 0.0004% / 1h37m 28s$90K$845K10x
ShortVest CBRS-USD-PERP208.830.0019get 0.0002% / 1h37m 28s$97K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Vest 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
−$2.69
Price spread: −0.077% → 0.000%
−$7.66
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Vest: 1 bp × 2 orders
−$2
Net
−$12.34
Costs to cover
0.020%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 28 min ago; Vest: 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, 28 min ago4.05 bp4.0 bp −$46.5 bp −$65doesn't fitdoesn't fit
Sell Vest no order-book sample
Vest: 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−0.0340%1h208.93−0.029%$42.8M$3.5M10xas long as short
Coinbase International CBRS-PERP-INTX−0.0040%1h208.44−0.263%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.13+0.065%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.09+0.048%$2.1M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.11+0.057%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h209.20+0.100%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h209.18+0.091%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.17+0.084%$456$208K10xas long as short
SunX CBRS-USDT0.0000%8h209.37+0.182%$1K$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h209.13+0.067%$12K$5K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CBRS-USDT0.0000%8h209.24+0.120%$9K$9K20xas long as short
Polymarket Perps CBRS-USD+0.0018%1h208.85−0.067%$53K$1.1M10xas long as short
Vest CBRS-USD-PERPshort+0.0019%1h208.83−0.077%$97K10x
Lighter CBRSlong+0.0032%1h208.99long leg$90K$845K10x
QFEX CBRS-USD+0.0038%1h209.05+0.029%$1.1M$3.4M10xas long as short
Phoenix CBRS+0.0038%1h209.03+0.019%$1K$109K10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.09+0.048%$339K$891K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.11+0.057%$114K$121K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.30+0.148%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.18+0.091%$859$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.20+0.101%$24310xas long as short
Variational Omni CBRS+0.0347%8h209.12+0.063%$423K$235Kas long as short
Binance CBRSUSDT+0.0359%8h209.10+0.053%$10.2M$29.6M25xas long as short
Extended CBRS_24_5-USD+0.0368%1h209.11+0.057%$46K$268K10xas long as short
BloFin CBRS-USDT+0.0414%8h209.37+0.182%$148K$71K20xas long as short
edgeX CBRSUSDC+0.0864%4h209.09+0.048%$24K$219K10xas long as short