Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRpaid last 24h −0.021%
Price spread now: Lighter against KuCoin−0.005%7-day average −0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$433as in the Price arb table
costs, in and out, $10k−$4394.389% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.106%−$11 · spread now −0.005%, 7d avg −0.066%
=Together, before fees−0.282%+ Points / potential airdropLighter: Season 3 · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread −0.005% now, against its 7-day average of −0.066%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 209.79 | 0.0100 | pay 0.0100% / 8h | 7h 52m | $143K | $90K | 20x |
| Short | Lighter CBRS | 209.78 | 0.0032 | get 0.0004% / 1h | 52m 39s | $91K | $843K | 10x |
KuCoin CBRSUSDTM
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- −$14.28
- Price spread: −0.005% → −0.066%
- $6.15
- Slippage, 4 orders
- −$426.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$447.07
- Costs to cover
- 4.389%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 61 min ago; Lighter: live order book, 18 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 KuCoin live order book, 61 min ago | 9.79 bp | 228.2 bp −$228 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 18 min ago | 0.72 bp | 6.0 bp −$6 | 7.1 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0417% | 1h | 209.87 | +0.038% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0104% | 1h | 209.54 | −0.119% | $42.9M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.94 | +0.069% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.95 | +0.076% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.93 | +0.067% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.00 | +0.100% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.87 | +0.038% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.70 | −0.041% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.133% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.20 | +0.195% | $9K | $6K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.644% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.33 | −0.219% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.86 | +0.033% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.78 | −0.005% | $91K | $843K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | +0.014% | $1K | $111K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0048% | 4h | 209.72 | −0.033% | $24K | $221K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.50 | −0.138% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | +0.052% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 209.79 | long leg | $143K | $90K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.081% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.94 | +0.072% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.03 | +0.112% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | +0.068% | $425K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0520% | 1h | 209.93 | +0.065% | $44K | $251K | 10x | as long as short |
| Binance CBRSUSDT | +0.0520% | 8h | 209.97 | +0.086% | $10.3M | $29.9M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0536% | 8h | 209.85 | +0.029% | $146K | $71K | 20x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Phoenix CBRS
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT