Funding you earn now, next payment 22:00 UTC+0.0953%/8h= +104.3% APRpaid last 24h −0.123%
Price spread now: edgeX against Lighter+0.020%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as 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)−0.003%$0 · spread now +0.020%, 7d avg +0.080%
=Together, before fees−0.424%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.060% cheaper against Lighter than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.080%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.421%, so the current rate has only just turned in your favour.
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 | Lighter CBRS | 208.46 | 0.0032 | pay 0.0004% / 1h | 1m 03s | $90K | $932K | 10x |
| Short | edgeX CBRSUSDC | 208.50 | 0.0985 | get 0.0492% / 4h | 2h 01m | $24K | $220K | 10x |
Lighter CBRS
edgeX CBRSUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $200.11
- Price spread: +0.020% → +0.080%
- −$5.95
- Slippage, 4 orders
- −$59.07
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $126.08
- Costs to cover
- 0.681%
- Break-even
- 2.6 days
Slippage from Lighter: live order book, 19 min ago; edgeX: live order book, 21 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, 19 min ago | 14.38 bp | 14.4 bp −$14 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 21 min ago | 5.99 bp | 10.9 bp −$11 | 16.4 bp −$164 | 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 | −0.0181% | 1h | 208.58 | +0.058% | $12K | $52K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0171% | 1h | 208.38 | −0.038% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.44 | −0.010% | $1K | $112K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.51 | +0.022% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.57 | +0.053% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.58 | +0.058% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.60 | +0.067% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.54 | +0.038% | $2.4M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.73 | +0.130% | $1K | $3.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.61 | +0.072% | $9K | $6K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDT
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 | 208.59 | +0.062% | $1.1M | $3.3M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.31 | −0.072% | — | $90K | 10x | as long as short |
| Variational Omni CBRS | +0.0029% | 8h | 208.45 | −0.004% | $421K | $321K | — | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 208.46 | long leg | $90K | $932K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.44 | −0.010% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.49 | +0.014% | $329K | $884K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0072% | 1h | 208.44 | −0.010% | $114K | $114K | 10x | as long as short |
| Binance CBRSUSDT | +0.0077% | 8h | 208.54 | +0.038% | $10.2M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0080% | 1h | 208.52 | +0.027% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0099% | 8h | 208.51 | +0.024% | $147K | $70K | 20x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.48 | +0.010% | $142K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.55 | +0.043% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.55 | +0.043% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.58 | +0.060% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0245% | 8h | 208.48 | +0.009% | $894 | $240K | 10x | as long as short |
| edgeX CBRSUSDCshort | +0.0985% | 4h | 208.50 | +0.020% | $24K | $220K | 10x |
QFEX CBRS-USD
Vest CBRS-USD-PERP
Variational Omni CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp