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−0.0131%/8h= −14.3% APRpaid last 24h −0.069%
Price spread now: Lighter against BloFin−0.034%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.120%−$12 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.034%, 7d avg −0.092%
Together, before fees−0.140%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.058% dearer against BloFin than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.092%): +$6 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.120% in total) that is about 3.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin CBRS-USDT205.660.0163pay 0.0163% / 8h1h 38m$147K$70K20x
ShortLighter CBRS205.590.0032get 0.0004% / 1h38m 37s$89K$888K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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
−$27.47
Price spread: −0.034% → −0.092%
$5.78
Slippage, 4 orders
−$26.95
Fee BloFin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$60.64
Costs to cover
0.389%
Break-even
never at this rate
Slippage from BloFin: live order book, 36 min ago; Lighter: live order book, 1 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 BloFin live order book, 36 min ago1.21 bp9.5 bp −$915.0 bp −$150doesn't fitdoesn't fit
Sell Lighter live order book, 1 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%8h205.82+0.078%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0232%1h205.34−0.156%$42.0M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h205.80+0.069%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.67+0.005%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h205.90+0.117%$2K$2.9M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.54−0.058%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h205.72+0.029%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0018%1h205.46−0.097%$107K10xas long as short
Lighter CBRSshort+0.0032%1h205.59−0.034%$89K$888K10x
Phoenix CBRS+0.0039%1h205.50−0.078%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.41−0.122%$50K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.52−0.068%$335K$716K10xas long as short
QFEX CBRS-USD+0.0080%1h205.59−0.034%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0083%8h205.58−0.037%$416K$89Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.62−0.019%$114K$110K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.64−0.010%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.56−0.049%$813$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.57−0.043%$23810xas long as short
Binance CBRSUSDT+0.0131%8h205.71+0.023%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h205.60−0.030%$44K$389K10xas long as short
BloFin CBRS-USDTlong+0.0163%8h205.66long leg$147K$70K20x
GRVT CBRS_USDT_Perp+0.0202%8h205.64−0.010%$942$217K10xas long as short
Bybit CBRSUSDT+0.0333%8h205.71+0.024%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0374%8h205.80+0.068%$2.9M$3.0M50xas long as short
edgeX CBRSUSDC+0.0488%4h205.58−0.040%$23K$220K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.242%$115K$116K10xas long as short