Funding you earn now, next payment 10:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.040%
Price spread now: Extended against Lighter+0.072%7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.072%, 7d avg +0.056%
=Together, before fees+0.018%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 205.88 | 0.0016 | pay 0.0002% / 1h | 55m 41s | $90K | $1.1M | 10x |
| Short | Extended CBRS_24_5-USD | 206.03 | 0 | get 0.0000% / 1h | 55m 41s | $44K | $387K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$3.36
- Price spread: +0.072% → +0.056%
- $1.56
- Slippage, 4 orders
- −$43.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$49.94
- Costs to cover
- 0.481%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 5 min ago; Extended: live order book, 37 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, 5 min ago | 4.61 bp | 9.1 bp −$9 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Extended live order book, 37 min ago | 2.70 bp | 16.7 bp −$17 | 159.9 bp −$1,599 | 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 | −0.0231% | 1h | 205.88 | 0.000% | $42.2M | $4.0M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0142% | 8h | 205.97 | +0.044% | $2.3M | $2.7M | 20x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.91 | +0.015% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0018% | 8h | 206.08 | +0.097% | $147K | $72K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.11 | +0.111% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USDshort | 0.0000% | 1h | 206.03 | +0.072% | $44K | $387K | 10x | |
| Binance CBRSUSDT | 0.0000% | 8h | 205.98 | +0.049% | $10.2M | $32.4M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 206.01 | +0.063% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.07 | +0.092% | $2.2M | $3.5M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.10 | +0.109% | $395K | $101K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 206.12 | +0.117% | $649 | $220K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.49 | +0.296% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.267% | $9K | $10K | 20x | as long as short |
| Lighter CBRSlong | +0.0016% | 1h | 205.88 | long leg | $90K | $1.1M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.87 | −0.005% | — | $107K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.07 | +0.092% | $51K | $471K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.09 | +0.102% | $329K | $724K | 10x | as long as short |
| QFEX CBRS-USD | +0.0066% | 1h | 206.14 | +0.126% | $1.1M | $3.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.08 | +0.097% | $815 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.14 | +0.126% | $112K | $190K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.86 | −0.010% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | +0.081% | $239 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0151% | 8h | 206.30 | +0.204% | $2.9M | $3.1M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0187% | 1h | 206.18 | +0.146% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0300% | 4h | 206.18 | +0.145% | $23K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +2.132% | $115K | $108K | 10x | as long as short |
Lighter CBRS
Extended CBRS_24_5-USD
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX