Funding you earn now, next payment 22:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Lighter+0.053%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 3 days (all we have)−0.028%−$3 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now +0.053%, 7d avg +0.100%
=Together, before fees+0.130%+ Points / potential airdropLighter: Season 3 · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and QFEX is 0.047% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.100%). Swap the legs.
| 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 | 0m 16s | $90K | $932K | 10x |
| Short | QFEX CBRS-USD | 208.57 | 0.0017 | get 0.0002% / 1h | 0m 16s | $1.1M | $3.3M | 10x |
Lighter CBRS
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$3.14
- Price spread: +0.053% → +0.100%
- −$4.69
- Slippage, 4 orders
- −$51.88
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$69.71
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 20 min ago; QFEX: live order book, 3 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, 20 min ago | 14.38 bp | 14.4 bp −$14 | 17.3 bp −$173 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.44 bp | 7.1 bp −$7 | 15.8 bp −$158 | 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 | −0.0173% | 1h | 208.45 | −0.005% | $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 | +0.024% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.63 | +0.082% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.69 | +0.110% | $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 | 208.55 | +0.043% | $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 |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.62 | +0.077% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.61 | +0.072% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USDshort | +0.0017% | 1h | 208.57 | +0.053% | $1.1M | $3.3M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.33 | −0.062% | — | $90K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 208.46 | long leg | $90K | $932K | 10x | |
| Variational Omni CBRS | +0.0045% | 8h | 208.56 | +0.047% | $421K | $321K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.47 | +0.005% | $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 |
| Extended CBRS_24_5-USD | +0.0080% | 1h | 208.56 | +0.050% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0080% | 8h | 208.59 | +0.062% | $10.2M | $30.3M | 25x | 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 | 208.47 | +0.005% | $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 | 208.59 | +0.062% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.65 | +0.091% | $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 CBRSUSDC | +0.0985% | 4h | 208.50 | +0.020% | $24K | $220K | 10x | as long as short |
Vest CBRS-USD-PERP
Variational Omni CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC