Funding you earn now, next payment 22:00 UTC−0.0946%/8h= −103.6% APRpaid last 24h +0.123%
Price spread now: Lighter against edgeX−0.045%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$680.681% of the position
Funding, last 7 days+0.421%+$42 on $10k
+Price spread, last 3 days (all we have)+0.028%+$3 · spread now −0.045%, 7d avg −0.080%
=Together, before fees+0.448%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.035% dearer against edgeX than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.080%): +$4 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.421%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.421% in total (about 21.9% 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 | edgeX CBRSUSDC | 208.44 | 0.0978 | pay 0.0489% / 4h | 2h 04m | $24K | $220K | 10x |
| Short | Lighter CBRS | 208.35 | 0.0032 | get 0.0004% / 1h | 4m 58s | $90K | $932K | 10x |
edgeX CBRSUSDC
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$198.6
- Price spread: −0.045% → −0.080%
- $3.53
- Slippage, 4 orders
- −$59.07
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$263.14
- Costs to cover
- 0.681%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 17 min ago; Lighter: live order book, 15 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 edgeX live order book, 17 min ago | 5.99 bp | 11.1 bp −$11 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 15 min ago | 14.38 bp | 31.7 bp −$32 | 35.0 bp −$350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0158% | 1h | 208.28 | −0.078% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.44 | −0.001% | $1K | $112K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.36 | −0.039% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.46 | +0.008% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.58 | +0.066% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.50 | +0.027% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.49 | +0.023% | $2.4M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.68 | +0.114% | $1K | $3.4M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.55 | +0.051% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.54 | +0.047% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0017% | 1h | 208.54 | +0.047% | $1.1M | $3.3M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.19 | −0.121% | — | $90K | 10x | as long as short |
| Variational Omni CBRS | +0.0029% | 8h | 208.45 | +0.004% | $421K | $321K | — | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 208.35 | −0.045% | $90K | $932K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.36 | −0.040% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.35 | −0.045% | $329K | $883K | 10x | as long as short |
| Binance CBRSUSDT | +0.0062% | 8h | 208.51 | +0.032% | $10.2M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0064% | 1h | 208.49 | +0.022% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0071% | 8h | 208.42 | −0.011% | $146K | $70K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0072% | 1h | 208.24 | −0.097% | $113K | $113K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.34 | −0.049% | $142K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.55 | +0.051% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.48 | +0.018% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.51 | +0.034% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0238% | 8h | 208.49 | +0.022% | $901 | $242K | 10x | as long as short |
| edgeX CBRSUSDClong | +0.0978% | 4h | 208.44 | long leg | $24K | $220K | 10x |
QFEX CBRS-USD
Vest CBRS-USD-PERP
Variational Omni CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp