Funding you earn now, next payment 09:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h +0.046%
Price spread now: Lighter against Bitget0.000%7-day average −0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.321%−$32 · spread now 0.000%, 7d avg −0.090%
=Together, before fees−0.286%+ Points / potential airdropLighter: Season 3 · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.090% dearer against Bitget than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.090%): +$9 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CBRSUSDT | 204.95 | −0.0347 | get 0.0347% / 8h | 7h 49m | $2.4M | $2.5M | 20x |
| Short | Lighter CBRS | 204.95 | −0.0576 | pay 0.0072% / 1h | 49m 59s | $93K | $1.0M | 10x |
Bitget CBRSUSDT
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$48.09
- Price spread: 0.000% → −0.090%
- $9
- Slippage, 4 orders
- −$52.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$104
- Costs to cover
- 0.649%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 1 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 2 min ago | 3.65 bp | 21.5 bp −$22 | 26.4 bp −$264 | 70.6 bp −$7,058 | doesn't fit |
| Sell Lighter live order book, 1 min ago | 3.18 bp | 3.2 bp −$3 | 5.0 bp −$50 | doesn't fit | doesn't fit |
CBRS on 26 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0837% | 8h | 205.03 | +0.041% | $900 | $217K | 10x | as long as short |
| Lighter CBRSshort | −0.0576% | 1h | 204.95 | 0.000% | $93K | $1.0M | 10x | |
| Bitget CBRSUSDTlong | −0.0347% | 8h | 204.95 | long leg | $2.4M | $2.5M | 20x | |
| Ondo Perps CBRS-USD.P | −0.0246% | 1h | 205.14 | +0.093% | $334K | $713K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0237% | 1h | 205.04 | +0.044% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 204.57 | −0.185% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0028% | 8h | 205.59 | +0.312% | $147K | $72K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.32 | +0.178% | $65K | $147K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.02 | +0.033% | $44K | $385K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.01 | +0.027% | $10.1M | $31.4M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CBRSUSDT | 0.0000% | 8h | 205.21 | +0.127% | $2.1M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.04 | +0.044% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 205.00 | +0.024% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.27 | +0.157% | $394K | $96K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.09 | +0.068% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.26 | +0.151% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.07 | +0.059% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.90 | −0.024% | — | $103K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0026% | 4h | 205.01 | +0.028% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.55 | −0.195% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 204.35 | −0.293% | $50K | $563K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.12 | +0.083% | $811 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.11 | +0.078% | $113K | $132K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.15 | +0.098% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.96 | +0.006% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.596% | $115K | $108K | 10x | as long as short |
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX