Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.021%
Price spread now: KuCoin against Lighter+0.005%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$445as in the Price arb table
costs, in and out, $10k−$4394.389% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.106%+$11 · spread now +0.005%, 7d avg +0.066%
=Together, before fees+0.282%+ Points / potential airdropLighter: Season 3 · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.061% cheaper against Lighter than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.066%). If the spread goes back, that is −$6 on $10k: about 3.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 209.78 | 0.0032 | pay 0.0004% / 1h | 52m 36s | $91K | $843K | 10x |
| Short | KuCoin CBRSUSDTM | 209.79 | 0.0100 | get 0.0100% / 8h | 7h 52m | $143K | $90K | 20x |
Lighter CBRS
KuCoin CBRSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.005% → +0.066%
- −$6.15
- Slippage, 4 orders
- −$426.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$430.8
- Costs to cover
- 4.389%
- Break-even
- 218.2 days
Slippage from Lighter: live order book, 18 min ago; KuCoin: live order book, 61 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, 18 min ago | 0.72 bp | 8.7 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 61 min ago | 9.79 bp | 196.0 bp −$196 | doesn't fit | 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 | −0.0417% | 1h | 209.87 | +0.043% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0104% | 1h | 209.54 | −0.114% | $42.9M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.94 | +0.074% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.95 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.93 | +0.072% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.00 | +0.105% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.87 | +0.043% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.70 | −0.036% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | +0.138% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.20 | +0.200% | $9K | $6K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.639% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.33 | −0.215% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.86 | +0.038% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 209.78 | long leg | $91K | $843K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | +0.019% | $1K | $111K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0048% | 4h | 209.72 | −0.028% | $24K | $221K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.50 | −0.133% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | +0.057% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 209.79 | +0.005% | $143K | $90K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.96 | +0.086% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.94 | +0.076% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.03 | +0.117% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0502% | 8h | 209.93 | +0.072% | $425K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0520% | 1h | 209.93 | +0.069% | $44K | $251K | 10x | as long as short |
| Binance CBRSUSDT | +0.0520% | 8h | 209.97 | +0.091% | $10.3M | $29.9M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0536% | 8h | 209.85 | +0.033% | $146K | $71K | 20x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Phoenix CBRS
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT