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% APRpaid last 24h +0.019%
Price spread now: Orderly against Lighter−0.010%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS205.890.0032pay 0.0004% / 1h52m 26s$90K$875K10x
ShortOrderly PERP_CBRS_USDC_mythos205.870.0100get 0.0100% / 8h1h 52m$814$1K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$14.28
Price spread: −0.010% → 0.000%
−$0.97
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Orderly: 3 bp × 2 orders
−$6
Net
$7.31
Costs to cover
0.060%
Break-even
3.4 days
Slippage unknown: Lighter: live order book, 53 min ago; Orderly: 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, 53 min ago0.73 bp7.1 bp −$710.6 bp −$106doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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
Bitget CBRSUSDT−0.0532%8h206.11+0.107%$2.4M$2.5M20xas long as short
edgeX CBRSUSDC−0.0435%4h206.42+0.258%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0028%1h205.78−0.053%$42.1M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.01+0.059%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.10+0.102%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h206.44+0.267%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.49+0.291%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0016%1h205.67−0.107%$107K10xas long as short
Lighter CBRSlong+0.0032%1h205.89long leg$90K$875K10x
Phoenix CBRS+0.0039%1h205.83−0.029%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h205.78−0.053%$51K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h205.92+0.015%$336K$716K10xas long as short
QFEX CBRS-USD+0.0080%1h206.13+0.117%$1.1M$3.0M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.90+0.005%$114K$110K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.51+0.301%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythosshort+0.0100%8h205.87−0.010%$814$1K10x
Variational Omni CBRS+0.0103%8h206.42+0.259%$417K$93Kas long as short
Aevo CBRS-PERP+0.0104%1h205.92+0.012%$23910xas long as short
Binance CBRSUSDT+0.0152%8h205.99+0.049%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0152%1h206.04+0.075%$44K$389K10xas long as short
BloFin CBRS-USDT+0.0174%8h206.18+0.141%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0213%8h206.50+0.294%$248$215K10xas long as short
Bybit CBRSUSDT+0.0361%8h206.09+0.097%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0367%8h206.10+0.102%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.127%$115K$116K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0722%1h206.05+0.078%$12K$5K10xas long as short