Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.005%
Price spread now: Lighter against OKX−0.062%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.555% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.062%, 7d avg −0.064%
=Together, before fees+0.045%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CBRS-USDT-SWAP | 209.22 | 0 | get 0.0000% / 8h | 6h 42m | $2.2M | $3.6M | 25x |
| Short | Lighter CBRS | 209.09 | 0.0032 | get 0.0004% / 1h | 42m 10s | $90K | $844K | 10x |
OKX CBRS-USDT-SWAP
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: −0.062% → −0.064%
- $0.23
- Slippage, 4 orders
- −$45.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$48.59
- Costs to cover
- 0.555%
- Break-even
- 57.6 days
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 23 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 OKX live order book, 5 min ago | 0.72 bp | 20.6 bp −$21 | 62.5 bp −$625 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 23 min ago | 4.05 bp | 13.3 bp −$13 | 16.1 bp −$161 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0654% | 4h | 209.27 | +0.025% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0372% | 1h | 208.96 | −0.124% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.373% | $114K | $114K | 10x | as long as short |
| Polymarket Perps CBRS-USD | −0.0005% | 1h | 208.96 | −0.124% | $53K | $1.1M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.25 | +0.017% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.31 | +0.043% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 209.22 | long leg | $2.2M | $3.6M | 25x | |
| Gate CBRS_USDT | 0.0000% | 8h | 209.30 | +0.038% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | −0.019% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.25 | +0.014% | $475 | $210K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Polymarket Perps CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 209.39 | +0.081% | $1K | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.19 | −0.014% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.072% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.89 | −0.158% | — | $98K | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.09 | −0.062% | $90K | $844K | 10x | |
| QFEX CBRS-USD | +0.0038% | 1h | 209.08 | −0.067% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.37 | +0.072% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.23 | +0.005% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.31 | +0.043% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.44 | +0.105% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.24 | +0.010% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.24 | +0.010% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0366% | 8h | 209.23 | +0.004% | $423K | $235K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0376% | 1h | 209.16 | −0.027% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0378% | 8h | 209.21 | −0.006% | $10.2M | $29.6M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.072% | $148K | $71K | 20x | as long as short |
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT