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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0022%/8hnext payment $0.03 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Lighter+0.053%7-day average +0.102% · you sell dearer than you buy
to open and close $10k−$32fees + slippage, both legs, in and out
costs, in % of the position0.318%what the two incomes have to cover
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.068%−$7 on $10k
Price spread, last 3 days (all we have)+0.082%+$8 · spread now +0.053%, 7d avg +0.102%
Together, before fees+0.014%+ Points / potential airdropLighter: Season 3 · farm board+$1 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 QFEX is 0.049% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.102%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CBRS208.070.0032pay 0.0004% / 1h49m 19s$87K$817K10x
ShortQFEX CBRS-USD208.180.0010get 0.0001% / 1h49m 19s$1.1M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$4.7
Price spread: +0.053% → +0.102%
−$4.9
Slippage, 4 orders
−$21.76
Fee Lighter: 0 bp × 2 orders
$0
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$41.36
Costs to cover
0.318%
Break-even
never at this rate
Slippage from Lighter: live order book, 38 min ago; QFEX: live order book, 3 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 Lighter live order book, 38 min ago0.72 bp4.3 bp −$49.0 bp −$90doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.44 bp8.0 bp −$819.3 bp −$193doesn'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
tradeXYZ xyz:CBRS−0.0176%1h208.02−0.024%$42.8M$3.2M10xas long as short
Phoenix CBRS−0.0038%1h208.09+0.010%$1K$110K10xas long as short
BloFin CBRS-USDT−0.0005%8h208.14+0.034%$150K$67K20xas long as short
Aster CBRSUSDT0.0000%8h208.32+0.122%$65K$146K20xas long as short
Extended CBRS_24_5-USD0.0000%1h208.15+0.041%$42K$246K10xas long as short
Binance CBRSUSDT0.0000%8h208.17+0.048%$10.3M$28.5M25xas long as short
Bybit CBRSUSDT0.0000%8h208.23+0.077%$2.0M$1.8M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.11+0.019%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h208.20+0.062%$2.8M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h208.10+0.014%$2.4M$2.8M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS0.0000%8h208.03−0.018%$404K$327Kas long as short
GRVT CBRS_USDT_Perp0.0000%8h207.98−0.041%$736$235K10xas long as short
SunX CBRS-USDT0.0000%8h208.49+0.202%$1K$3.4M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.14+0.034%$12K$51K10xas long as short
HTX CBRS-USDT0.0000%8h207.98−0.043%$9K$5K20xas long as short
QFEX CBRS-USDshort+0.0010%1h208.18+0.053%$1.1M$2.6M10x
Vest CBRS-USD-PERP+0.0024%1h208.02−0.024%$88K10xas long as short
Lighter CBRSlong+0.0032%1h208.07long leg$87K$817K10x
Polymarket Perps CBRS-USD+0.0044%1h207.98−0.043%$24K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.18+0.053%$342K$858K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.18+0.053%$141K$91K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.17+0.048%$25K$133K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.18+0.053%$855$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.17+0.048%$24110xas long as short
Coinbase International CBRS-PERP-INTX+0.0144%1h208.94+0.418%$110K$92K10xas long as short
edgeX CBRSUSDC+0.0746%4h208.01−0.030%$24K$219K10xas long as short