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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.010%
Price spread now: Lighter against Variational Omni+0.044%7-day average −0.081% · 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 3 days (all we have)−0.003%$0 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now +0.044%, 7d avg −0.081%
Together, before fees+0.034%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.126% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.081%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CBRS208.060get 0.0000% / 8h3h 30m$415K$316K
ShortLighter CBRS208.150.0032get 0.0004% / 1h30m 43s$90K$903K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Variational Omni. 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
$6.72
Price spread: +0.044% → −0.081%
$12.55
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Lighter: 0 bp × 2 orders
$0
Net
$19.27
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Lighter: live order book, 15 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 Variational Omni RFQ quote, 19 min ago3.74 bpdoesn't fit52.4 bp −$524doesn't fitdoesn't fit
Sell Lighter live order book, 15 min ago0.72 bp8.7 bp −$911.7 bp −$117doesn'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−0.0278%1h208.13+0.035%$12K$51K10xas long as short
tradeXYZ xyz:CBRS−0.0088%1h207.96−0.047%$42.6M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.25+0.092%$65K$147K20xas long as short
Extended CBRS_24_5-USD0.0000%1h208.19+0.061%$42K$246K10xas long as short
Binance CBRSUSDT0.0000%8h208.20+0.068%$10.2M$30.4M25xas long as short
Bybit CBRSUSDT0.0000%8h208.25+0.092%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.19+0.063%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.20+0.068%$2.9M$3.2M50xas long as short
Bitget CBRSUSDT0.0000%8h208.17+0.054%$2.4M$2.9M20xas long as short
Variational Omni CBRSlong0.0000%8h208.06long leg$415K$316K
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT CBRS_USDT_Perp0.0000%8h208.15+0.044%$591$243K10xas long as short
Phoenix CBRS0.0000%1h207.91−0.071%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h208.42+0.174%$1K$3.4M10xas long as short
HTX CBRS-USDT0.0000%8h208.34+0.135%$9K$6K20xas long as short
QFEX CBRS-USD+0.0008%1h208.19+0.063%$1.1M$2.8M10xas long as short
BloFin CBRS-USDT+0.0022%8h208.16+0.049%$147K$69K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h207.96−0.047%$89K10xas long as short
Lighter CBRSshort+0.0032%1h208.15+0.044%$90K$903K10x
Polymarket Perps CBRS-USD+0.0050%1h208.03−0.014%$25K$1.1M10xas long as short
Ondo Perps CBRS-USD.P+0.0050%1h208.11+0.025%$335K$886K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0096%1h208.24+0.087%$113K$114K10xas long as short
edgeX CBRSUSDC+0.0097%4h208.16+0.051%$23K$220K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.22+0.078%$142K$98K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h207.92−0.066%$25K$135K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.15+0.044%$855$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.17+0.054%$24110xas long as short