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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Ondo Perps against Lighter+0.010%7-day average +0.056% · you sell dearer than you buy
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 7 days+0.065%+$7 on $10k
Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.010%, 7d avg +0.056%
Together, before fees+0.236%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against Lighter than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.056%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS205.770get 0.0000% / 1h54m 06s$90K$1.1M10x
ShortOndo Perps CBRS-USD.P205.790.0050get 0.0006% / 1h54m 06s$329K$724K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: +0.010% → +0.056%
−$4.66
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$0.93
Costs to cover
0.050%
Break-even
6.4 days
Slippage unknown: Lighter: live order book, 2 min ago; Ondo Perps: 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, 2 min ago0.49 bp8.6 bp −$911.8 bp −$118doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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
Deribit CBRS_USDC-PERPETUAL−0.1061%1h205.73−0.019%$12K$5K10xas long as short
tradeXYZ xyz:CBRS−0.0506%1h205.70−0.034%$42.1M$4.0M10xas long as short
Bitget CBRSUSDT−0.0140%8h205.72−0.024%$2.3M$2.7M20xas long as short
Phoenix CBRS−0.0039%1h206.06+0.141%$1K$109K10xas long as short
BloFin CBRS-USDT−0.0006%8h205.87+0.049%$147K$72K20xas long as short
Lighter CBRSlong0.0000%1h205.77long leg$90K$1.1M10x
Aster CBRSUSDT0.0000%8h206.00+0.109%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.65−0.061%$44K$387K10xas long as short
Binance CBRSUSDT0.0000%8h205.67−0.046%$10.2M$32.5M25xas long as short
Bybit CBRSUSDT0.0000%8h205.83+0.029%$2.1M$2.2M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h205.67−0.049%$2.2M$3.5M25xas long as short
Variational Omni CBRS0.0000%8h206.10+0.163%$395K$101Kas long as short
GRVT CBRS_USDT_Perp0.0000%8h206.10+0.160%$719$221K10xas long as short
SunX CBRS-USDT0.0000%8h206.03+0.126%$985$2.7M10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.321%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h205.91+0.068%$107K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.07+0.146%$51K$471K10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0050%1h205.79+0.010%$329K$724K10x
QFEX CBRS-USD+0.0066%1h205.92+0.073%$1.1M$3.0M10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.71−0.029%$814$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.88+0.053%$111K$192K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.85+0.039%$24K$138K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.64−0.061%$23910xas long as short
Gate CBRS_USDT+0.0138%8h205.70−0.034%$2.9M$3.1M50xas long as short
edgeX CBRSUSDC+0.0300%4h206.08+0.150%$23K$221K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0400%1h210.27+2.187%$115K$108K10xas long as short