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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment $0.02 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Ondo Perps−0.081%7-day average −0.059% · 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 7 days−0.069%−$7 on $10k
Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.081%, 7d avg −0.059%
Together, before fees+0.001%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board$0 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 Lighter is 0.022% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CBRS-USD.P209.480.0050pay 0.0006% / 1h13m 47s$342K$921K10x
ShortLighter CBRS209.310.0032get 0.0004% / 1h13m 47s$90K$875K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
−$3.86
Price spread: −0.081% → −0.059%
−$2.19
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$11.05
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 61 min ago. 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 Ondo Perps no order-book sample
Sell Lighter live order book, 61 min ago0.48 bp4.7 bp −$510.7 bp −$107doesn't fitdoesn't fit
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
edgeX CBRSUSDC−0.0363%4h209.58+0.047%$24K$222K10xas long as short
tradeXYZ xyz:CBRS−0.0196%1h209.23−0.119%$42.8M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h209.30−0.087%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h209.65+0.081%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.49+0.005%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h209.37−0.053%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h209.20−0.134%$1K$111K10xas long as short
SunX CBRS-USDT0.0000%8h209.80+0.153%$986$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h209.73+0.119%$9K$7K20xas long as short
Gate CBRS_USDT+0.0010%8h209.50+0.010%$2.9M$3.1M50xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0015%1h209.18−0.143%$98K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0016%1h208.44−0.496%$114K$114K10xas long as short
QFEX CBRS-USD+0.0021%1h209.46−0.010%$1.1M$3.4M10xas long as short
Lighter CBRSshort+0.0032%1h209.31−0.081%$90K$875K10x
Polymarket Perps CBRS-USD+0.0050%1h209.32−0.076%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.Plong+0.0050%1h209.48long leg$342K$921K10x
KuCoin CBRSUSDTM+0.0100%8h209.20−0.134%$143K$92K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.36−0.057%$24K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.41−0.033%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.58+0.047%$24310xas long as short
Variational Omni CBRS+0.0447%8h209.60+0.059%$423K$321Kas long as short
Binance CBRSUSDT+0.0485%8h209.36−0.057%$10.3M$30.0M25xas long as short
Extended CBRS_24_5-USD+0.0488%1h209.32−0.076%$43K$246K10xas long as short
BloFin CBRS-USDT+0.0494%8h209.58+0.048%$146K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0543%8h209.54+0.029%$482$221K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0562%1h209.50+0.010%$12K$5K10xas long as short