Funding you earn now, next payment 12:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h −0.044%
Price spread now: Bitget against Lighter+0.150%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.614% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.150%, 7d avg +0.090%
=Together, before fees+0.003%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.060% dearer against Lighter than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 206.95 | −0.0064 | get 0.0008% / 1h | 51m 33s | $90K | $1.2M | 10x |
| Short | Bitget CBRSUSDT | 207.26 | 0 | get 0.0000% / 8h | 4h 51m | $2.4M | $2.9M | 20x |
Lighter CBRS
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $13.44
- Price spread: +0.150% → +0.090%
- $6.01
- Slippage, 4 orders
- −$49.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.96
- Costs to cover
- 0.614%
- Break-even
- 28.9 days
Slippage from Lighter: live order book, 2 min ago; Bitget: live order book, 4 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, 2 min ago | 3.87 bp | 3.9 bp −$4 | 6.0 bp −$60 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 2.41 bp | 22.0 bp −$22 | 34.3 bp −$343 | 83.3 bp −$8,328 | doesn't fit |
CBRS on 26 exchanges
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 | −0.0550% | 1h | 207.00 | +0.024% | $42.4M | $4.2M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0434% | 4h | 207.41 | +0.223% | $23K | $221K | 10x | as long as short |
| QFEX CBRS-USD | −0.0160% | 1h | 207.15 | +0.097% | $1.1M | $2.9M | 10x | as long as short |
| Lighter CBRSlong | −0.0064% | 1h | 206.95 | long leg | $90K | $1.2M | 10x | |
| Phoenix CBRS | −0.0039% | 1h | 206.82 | −0.063% | $1K | $109K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.51 | −0.214% | $65K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 206.86 | −0.043% | $2.0M | $2.3M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.37 | +0.203% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 207.26 | +0.150% | $2.4M | $2.9M | 20x | |
| SunX CBRS-USDT | 0.0000% | 8h | 207.51 | +0.271% | $1K | $2.4M | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
QFEX CBRS-USD
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 207.05 | +0.048% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.97 | +0.010% | — | $108K | 10x | as long as short |
| Variational Omni CBRS | +0.0036% | 8h | 207.25 | +0.143% | $399K | $99K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.15 | +0.097% | $49K | $940K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.23 | +0.135% | $325K | $740K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0067% | 8h | 207.12 | +0.082% | $107K | $75K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0072% | 1h | 206.83 | −0.060% | $44K | $376K | 10x | as long as short |
| Binance CBRSUSDT | +0.0074% | 8h | 207.00 | +0.025% | $10.2M | $33.5M | 25x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.82 | −0.063% | $818 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.80 | −0.072% | $113K | $327K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.59 | +0.309% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.75 | −0.096% | $240 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0140% | 8h | 207.20 | +0.121% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0272% | 1h | 210.27 | +1.604% | $115K | $107K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0330% | 1h | 207.03 | +0.039% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0350% | 8h | 207.44 | +0.237% | $288 | $238K | 10x | as long as short |
HTX CBRS-USDT
Vest CBRS-USD-PERP
Variational Omni CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp