Funding you earn now, next payment 05:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against QFEX−0.087%7-day average −0.093% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$240.239% of the position
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.065%−$7 · spread now −0.087%, 7d avg −0.093%
=Together, before fees−0.038%+ 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 −0.093%, 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 | QFEX CBRS-USD | 207.00 | 0.0063 | pay 0.0008% / 1h | 23m 41s | $1.1M | $3.1M | 10x |
| Short | Lighter CBRS | 206.82 | 0.0032 | get 0.0004% / 1h | 23m 41s | $89K | $856K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- −$6.52
- Price spread: −0.087% → −0.093%
- $0.65
- Slippage, 4 orders
- −$13.95
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$29.81
- Costs to cover
- 0.239%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Lighter: live order book, 26 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 QFEX live order book, 4 min ago | 1.20 bp | 6.5 bp −$6 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 0.72 bp | 5.2 bp −$5 | 7.9 bp −$79 | 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 | −0.0853% | 4h | 207.90 | +0.437% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0334% | 1h | 206.70 | −0.145% | $42.3M | $3.7M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.09 | +0.044% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.96 | −0.019% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 206.94 | −0.029% | $2.4M | $2.4M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.25 | +0.121% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.13 | +0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 206.91 | −0.043% | — | $98K | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 206.82 | −0.087% | $89K | $856K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 207.56 | +0.271% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.80 | −0.097% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.73 | −0.130% | $337K | $717K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0063% | 1h | 207.00 | long leg | $1.1M | $3.1M | 10x | |
| GRVT CBRS_USDT_Perp | +0.0068% | 8h | 208.42 | +0.684% | $613 | $211K | 10x | as long as short |
| Variational Omni CBRS | +0.0076% | 8h | 207.33 | +0.158% | $418K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.18 | +0.087% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.81 | +0.391% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.09 | +0.043% | $819 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.89 | −0.052% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0131% | 8h | 207.02 | +0.010% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.96 | −0.018% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0170% | 8h | 206.90 | −0.048% | $146K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.580% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0347% | 8h | 207.00 | 0.000% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0348% | 8h | 207.10 | +0.048% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1540% | 1h | 207.06 | +0.029% | $12K | $5K | 10x | as long as short |
Lighter CBRS
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Phoenix CBRS
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL