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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.073%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
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)+0.017%+$2 · spread now −0.073%, 7d avg −0.187%
Together, before fees+0.083%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.114% dearer against SunX than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.187%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT206.030get 0.0000% / 8h7h 17m$1K$2.7M10x
ShortLighter CBRS205.88−0.0080pay 0.0010% / 1h17m 17s$92K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. 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
−$16.8
Price spread: −0.073% → −0.187%
$11.42
Slippage, 4 orders
−$129.55
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$142.93
Costs to cover
1.376%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Lighter: live order book, 8 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 SunX live order book, 10 min ago17.69 bp58.9 bp −$59doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 8 min ago0.49 bp5.9 bp −$69.5 bp −$95doesn'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
Deribit CBRS_USDC-PERPETUAL−0.0624%1h205.87−0.078%$12K$5K10xas long as short
Bitget CBRSUSDT−0.0243%8h205.95−0.039%$2.4M$2.6M20xas long as short
GRVT CBRS_USDT_Perp−0.0242%8h205.26−0.373%$805$217K10xas long as short
Lighter CBRSshort−0.0080%1h205.88−0.073%$92K$1.1M10x
Phoenix CBRS−0.0039%1h205.79−0.116%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0014%8h205.77−0.126%$148K$72K20xas long as short
Aster CBRSUSDT0.0000%8h205.79−0.117%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.77−0.127%$46K$383K10xas long as short
Binance CBRSUSDT0.0000%8h205.80−0.112%$10.2M$31.9M25xas long as short
Bybit CBRSUSDT0.0000%8h205.97−0.029%$2.1M$2.1M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h205.91−0.058%$2.2M$3.5M25xas long as short
Gate CBRS_USDT0.0000%8h205.90−0.063%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h205.30−0.354%$394K$101Kas long as short
SunX CBRS-USDTlong0.0000%8h206.03long leg$1K$2.7M10x
HTX CBRS-USDT0.0000%8h205.76−0.131%$9K$10K20xas long as short
Ondo Perps CBRS-USD.P+0.0002%1h205.79−0.116%$332K$719K10xas long as short
tradeXYZ xyz:CBRS+0.0016%1h205.89−0.068%$42.2M$4.0M10xas long as short
Vest CBRS-USD-PERP+0.0017%1h205.42−0.296%$107K10xas long as short
QFEX CBRS-USD+0.0017%1h205.80−0.112%$1.1M$3.1M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.07+0.019%$51K$471K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.74−0.141%$814$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.89−0.068%$113K$165K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.34−0.335%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.74−0.139%$23910xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.058%$115K$108K10xas long as short
edgeX CBRSUSDC+0.0923%4h205.28−0.365%$23K$221K10xas long as short