Funding you earn now, next payment 01:00 UTC+0.0006%/8h= +0.7% APRpaid last 24h +0.023%
Price spread now: Gate against Lighter+0.119%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$610.611% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.119%, 7d avg +0.088%
=Together, before fees+0.059%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.031% dearer against Lighter than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.088%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 209.85 | 0.0032 | pay 0.0004% / 1h | 6m 39s | $91K | $869K | 10x |
| Short | Gate CBRS_USDT | 210.10 | 0.0038 | get 0.0038% / 8h | 7h 06m | $2.9M | $3.0M | 50x |
Lighter CBRS
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $1.26
- Price spread: +0.119% → +0.088%
- $3.07
- Slippage, 4 orders
- −$46.13
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.8
- Costs to cover
- 0.611%
- Break-even
- 322.6 days
Slippage from Lighter: live order book, 64 min ago; Gate: live order book, 1 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, 64 min ago | 0.72 bp | 8.7 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 7.14 bp | 28.9 bp −$29 | 90.5 bp −$905 | 248.2 bp −$24.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0726% | 4h | 210.06 | +0.102% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.97 | +0.057% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.00 | +0.071% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.99 | +0.067% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.01 | +0.075% | $1K | $211K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.49 | +0.305% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.13 | +0.133% | $9K | $9K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.672% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.64 | −0.100% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.85 | 0.000% | $1.1M | $3.4M | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRSlong | +0.0032% | 1h | 209.85 | long leg | $91K | $869K | 10x | |
| Gate CBRS_USDTshort | +0.0038% | 8h | 210.10 | +0.119% | $2.9M | $3.0M | 50x | |
| Phoenix CBRS | +0.0038% | 1h | 209.79 | −0.029% | $1K | $111K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.74 | −0.052% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.83 | −0.010% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.01 | +0.076% | $342K | $924K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.91 | +0.029% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.16 | +0.148% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.03 | +0.086% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.06 | +0.101% | $244 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0156% | 8h | 210.02 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0398% | 8h | 210.05 | +0.095% | $424K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.87 | +0.008% | $46K | $270K | 10x | as long as short |
| Binance CBRSUSDT | +0.0443% | 8h | 209.92 | +0.033% | $10.3M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0456% | 8h | 209.99 | +0.067% | $147K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1467% | 1h | 210.00 | +0.071% | $12K | $5K | 10x | as long as short |
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL