Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.014%
Price spread now: Lighter against Ondo Perps−0.019%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.019%, 7d avg −0.059%
=Together, before fees−0.044%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.040% dearer against Ondo Perps than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.059%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 206.01 | 0.0050 | pay 0.0006% / 1h | 15m 26s | $334K | $716K | 10x |
| Short | Lighter CBRS | 205.97 | 0.0032 | get 0.0004% / 1h | 15m 26s | $92K | $925K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: −0.019% → −0.059%
- $3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.89
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 20 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 20 min ago | 0.49 bp | 6.3 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0416% | 8h | 206.23 | +0.107% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0264% | 1h | 205.93 | −0.039% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.11 | +0.050% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.28 | +0.131% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.11 | +0.050% | $401K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.85 | −0.078% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.33 | +0.155% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.27 | +0.126% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 206.10 | +0.044% | — | $108K | 10x | as long as short |
| Binance CBRSUSDT | +0.0031% | 8h | 206.19 | +0.086% | $10.1M | $30.6M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRSshort | +0.0032% | 1h | 205.97 | −0.019% | $92K | $925K | 10x | |
| Extended CBRS_24_5-USD | +0.0032% | 1h | 206.15 | +0.068% | $44K | $389K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0034% | 8h | 206.09 | +0.039% | $147K | $71K | 20x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.28 | +0.131% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.97 | −0.019% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 206.01 | long leg | $334K | $716K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0090% | 1h | 206.12 | +0.053% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0094% | 8h | 206.03 | +0.011% | $940 | $217K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | +0.010% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.89 | −0.058% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.10 | +0.044% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.09 | +0.038% | $239 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0178% | 8h | 206.15 | +0.068% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0388% | 8h | 206.30 | +0.141% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.068% | $115K | $112K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0632% | 4h | 206.09 | +0.040% | $23K | $221K | 10x | as long as short |
Lighter CBRS
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Polymarket Perps CBRS-USD
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC