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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0036%/8h= −4.0% APRpaid last 24h −0.057%
Price spread now: Lighter against Variational Omni−0.126%7-day average −0.079% · 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 4 days (all we have)−0.049%−$5 on $10k
Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.126%, 7d avg −0.079%
Together, before fees+0.036%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.047% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.079%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CBRS206.060.0068pay 0.0068% / 8h56m 04s$402K$95K
ShortLighter CBRS205.800.0032get 0.0004% / 1h56m 04s$93K$906K10x

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
−$7.61
Price spread: −0.126% → −0.079%
−$4.7
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
−$12.31
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 48 min ago; Lighter: live order book, 44 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, 48 min ago2.58 bpdoesn't fit54.5 bp −$545doesn't fitdoesn't fit
Sell Lighter live order book, 44 min ago0.97 bp4.5 bp −$59.1 bp −$91doesn'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
Bitget CBRSUSDT−0.0522%8h206.11+0.025%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0205%1h205.66−0.194%$42.1M$3.9M10xas long as short
Aster CBRSUSDT0.0000%8h205.94−0.060%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.86−0.097%$2.2M$3.4M25xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.258%$998$2.8M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.85−0.101%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h206.01−0.024%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h205.70−0.174%$108K10xas long as short
Lighter CBRSshort+0.0032%1h205.80−0.126%$93K$906K10x
Phoenix CBRS+0.0039%1h206.07+0.005%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0050%1h205.85−0.101%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h205.72−0.164%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.94−0.058%$335K$716K10xas long as short
Variational Omni CBRSlong+0.0068%8h206.06long leg$402K$95K
BloFin CBRS-USDT+0.0095%8h206.22+0.078%$147K$71K20xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.83−0.111%$113K$107K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.20+0.068%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.86−0.097%$814$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.82−0.114%$23910xas long as short
Binance CBRSUSDT+0.0110%8h205.96−0.048%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0112%1h205.83−0.110%$44K$388K10xas long as short
GRVT CBRS_USDT_Perp+0.0192%8h206.13+0.034%$721$218K10xas long as short
Bybit CBRSUSDT+0.0267%8h205.89−0.082%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0384%8h206.00−0.029%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.044%$115K$112K10xas long as short
edgeX CBRSUSDC+0.0654%4h206.23+0.083%$23K$220K10xas long as short