Funding you earn now, next payment 07:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h +0.066%
Price spread now: Binance against Lighter+0.068%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.068%, 7d avg +0.081%
=Together, before fees+0.168%+ Points / potential airdropLighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.081%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 206.45 | 0.0032 | pay 0.0004% / 1h | 58m 10s | $90K | $870K | 10x |
| Short | Binance CBRSUSDT | 206.59 | 0.0161 | get 0.0161% / 8h | 1h 58m | $10.1M | $30.5M | 25x |
Lighter CBRS
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. 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
- $27.12
- Price spread: +0.068% → +0.081%
- −$1.29
- Slippage, 4 orders
- −$28.7
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$12.87
- Costs to cover
- 0.387%
- Break-even
- 10.3 days
Slippage from Lighter: live order book, 47 min ago; Binance: live order book, 13 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 Lighter live order book, 47 min ago | 0.73 bp | 7.1 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.97 bp | 11.0 bp −$11 | 36.8 bp −$368 | 131.5 bp −$13.1K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0531% | 8h | 206.56 | +0.053% | $2.4M | $2.5M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.63 | +0.089% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.76 | +0.150% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.44 | −0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.96 | +0.247% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.79 | +0.165% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 206.04 | −0.199% | — | $107K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0020% | 1h | 206.40 | −0.024% | $42.2M | $4.0M | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 206.54 | +0.044% | $1.1M | $3.0M | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 206.45 | long leg | $90K | $870K | 10x |
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.44 | −0.005% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0054% | 1h | 206.78 | +0.160% | $336K | $719K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0062% | 4h | 206.66 | +0.100% | $23K | $221K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.39 | −0.029% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | +0.107% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.57 | +0.058% | $817 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.59 | +0.069% | $240 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0109% | 8h | 206.63 | +0.086% | $417K | $94K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0160% | 1h | 206.54 | +0.043% | $44K | $389K | 10x | as long as short |
| Binance CBRSUSDTshort | +0.0161% | 8h | 206.59 | +0.068% | $10.1M | $30.5M | 25x | |
| BloFin CBRS-USDT | +0.0172% | 8h | 206.58 | +0.063% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0223% | 8h | 206.66 | +0.104% | $333 | $214K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0368% | 8h | 206.68 | +0.111% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0372% | 8h | 206.80 | +0.170% | $2.9M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0573% | 1h | 206.61 | +0.078% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.850% | $115K | $116K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX