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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.195%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.195%, 7d avg −0.189%
Together, before fees+0.147%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.189%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT210.160get 0.0000% / 8h4h 35m$1K$3.0M10x
ShortLighter CBRS209.750.0032get 0.0004% / 1h35m 46s$92K$844K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
$6.72
Price spread: −0.195% → −0.189%
−$0.64
Slippage, 4 orders
−$134.09
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$136
Costs to cover
1.421%
Break-even
148.7 days
Slippage from SunX: live order book, 12 min ago; Lighter: live order book, 19 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 SunX live order book, 12 min ago29.49 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 19 min ago0.71 bp6.5 bp −$612.0 bp −$120doesn'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
edgeX CBRSUSDC−0.0285%4h209.92−0.112%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.87−0.140%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.04−0.057%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.93−0.109%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.96−0.094%$388$205K10xas long as short
SunX CBRS-USDTlong0.0000%8h210.16long leg$1K$3.0M10x
HTX CBRS-USDT0.0000%8h210.01−0.071%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.59−0.271%$94K10xas long as short
Lighter CBRSshort+0.0032%1h209.75−0.195%$92K$844K10x
Phoenix CBRS+0.0038%1h209.82−0.162%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.71−0.214%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.82−0.162%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h209.85−0.148%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88−0.133%$1.1M$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.81−0.167%$12K$5K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.83−0.157%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.94−0.105%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.87−0.138%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.90−0.124%$24310xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.052%$115K$116K10xas long as short
Variational Omni CBRS+0.0153%8h209.91−0.120%$424K$101Kas long as short
BloFin CBRS-USDT+0.0191%8h209.99−0.081%$148K$69K20xas long as short
Binance CBRSUSDT+0.0202%8h209.94−0.103%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.90−0.124%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0314%8h210.05−0.052%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0333%8h210.10−0.029%$2.9M$2.9M50xas long as short