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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0068%/8h= −7.4% APRnext payment $0.09 per $10,000 · paid last 24h −0.020%
Price spread now: Lighter against ApeX Omni−0.024%48s7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$960.959% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.149%−$15 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.024%, 7d avg −0.055%
Together, before fees−0.161%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.030% dearer against ApeX Omni than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.055%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CBRSUSDT205.640.0100pay 0.0013% / 1h38m 22s$24K$138K50x
ShortLighter CBRS205.590.0032get 0.0004% / 1h38m 22s$89K$888K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX 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
−$14.28
Price spread: −0.024% → −0.055%
$3.05
Slippage, 4 orders
−$85.91
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$107.14
Costs to cover
0.959%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; Lighter: live order book, 2 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 ApeX Omni live order book, 2 min ago27.96 bp39.4 bp −$39211.8 bp −$2,118doesn't fitdoesn't fit
Sell Lighter live order book, 2 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−0.0628%8h205.76+0.058%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0237%1h205.50−0.068%$42.0M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h205.74+0.048%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.96+0.156%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h205.90+0.126%$2K$2.9M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.54−0.049%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h205.72+0.039%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0018%1h205.55−0.044%$107K10xas long as short
Lighter CBRSshort+0.0032%1h205.59−0.024%$89K$888K10x
Phoenix CBRS+0.0039%1h205.50−0.068%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.44−0.097%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.52−0.058%$335K$716K10xas long as short
QFEX CBRS-USD+0.0080%1h205.59−0.024%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0083%8h205.58−0.027%$416K$89Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.640.000%$114K$110K20xas long as short
ApeX Omni CBRSUSDTlong+0.0100%1h205.64long leg$24K$138K50x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.56−0.039%$813$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.57−0.033%$23810xas long as short
Binance CBRSUSDT+0.0131%8h205.70+0.031%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h205.60−0.020%$44K$389K10xas long as short
BloFin CBRS-USDT+0.0163%8h205.66+0.010%$147K$70K20xas long as short
GRVT CBRS_USDT_Perp+0.0202%8h205.640.000%$942$217K10xas long as short
Bybit CBRSUSDT+0.0333%8h205.79+0.073%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0374%8h205.80+0.078%$2.9M$3.0M50xas long as short
edgeX CBRSUSDC+0.0488%4h205.58−0.031%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.252%$115K$116K10xas long as short