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| Local Time | Settlement APR | Implied yield | Spread | Winner |
|---|---|---|---|---|
| 3.03% | 4.92% | -1.88% | Short | |
| 2.22% | 4.92% | -2.70% | Short | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.92% | +6.03% | Long | |
| 10.95% | 4.81% | +6.14% | Long | |
| 10.95% | 4.81% | +6.14% | Long | |
| 2.67% | 4.81% | -2.15% | Short | |
| 6.34% | 4.81% | +1.53% | Long |
All 9 trades over 7 days totaled $53,225 gross volume with long-side flow at $53,210 versus only $15 on the short side.