Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.027%
Price spread now: SunX against Lighter+0.029%7-day average +0.190% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1411.413% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 3 days (all we have)+0.106%+$11 · spread now +0.029%, 7d avg +0.190%
=Together, before fees+0.032%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.161% cheaper against Lighter than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.190%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 209.36 | 0.0032 | pay 0.0004% / 1h | 6m 40s | $93K | $907K | 10x |
| Short | SunX CBRS-USDT | 209.42 | 0 | get 0.0000% / 8h | 1h 06m | $1K | $3.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.72
- Price spread: +0.029% → +0.190%
- −$16.11
- Slippage, 4 orders
- −$133.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$164.15
- Costs to cover
- 1.413%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 9 min ago; SunX: live order book, 11 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, 9 min ago | 0.48 bp | 6.7 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 29.58 bp | 82.0 bp −$82 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0052% | 1h | 209.03 | −0.158% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.439% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.14 | −0.105% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.30 | −0.029% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.27 | −0.043% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | −0.029% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.053% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.19 | −0.081% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 209.42 | +0.029% | $1K | $3.3M | 10x | |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.26 | −0.048% | $12K | $16K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.40 | +0.019% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.99 | −0.177% | — | $94K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.15 | −0.100% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 209.36 | long leg | $93K | $907K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.11 | −0.119% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.18 | −0.086% | $346K | $914K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.119% | $143K | $95K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.33 | −0.014% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.19 | −0.081% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.28 | −0.037% | $243 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0141% | 4h | 209.26 | −0.049% | $24K | $220K | 10x | as long as short |
| Variational Omni CBRS | +0.0297% | 8h | 209.25 | −0.054% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0328% | 8h | 209.31 | −0.024% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0350% | 8h | 209.25 | −0.053% | $10.3M | $30.1M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0352% | 1h | 209.20 | −0.075% | $43K | $246K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0494% | 8h | 209.35 | −0.006% | $630 | $229K | 10x | as long as short |
Lighter CBRS
SunX CBRS-USDT
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
edgeX CBRSUSDC
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp