Funding you earn now, next payment 06:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.238%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$149as in the Price arb table
costs, in and out, $10k−$1441.439% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.238%, 7d avg −0.189%
=Together, before fees+0.147%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.049% cheaper against SunX than usual: you would sell low and buy high (spread −0.238% now, against its 7-day average of −0.189%). If the spread goes back, that is −$5 on $10k: about 29 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.073% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 206.29 | 0 | get 0.0000% / 8h | 2h 35m | $1K | $2.9M | 10x |
| Short | Lighter CBRS | 205.80 | 0.0136 | get 0.0017% / 1h | 35m 05s | $90K | $875K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $28.56
- Price spread: −0.238% → −0.189%
- −$4.87
- Slippage, 4 orders
- −$135.91
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$120.22
- Costs to cover
- 1.439%
- Break-even
- 36.5 days
Slippage from SunX: live order book, 3 min ago; Lighter: live order book, 10 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 SunX live order book, 3 min ago | 30.05 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 10 min ago | 0.73 bp | 8.9 bp −$9 | 11.1 bp −$111 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0457% | 8h | 205.90 | −0.189% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0229% | 1h | 205.49 | −0.388% | $42.0M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.79 | −0.241% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.65 | −0.310% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.63 | −0.320% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 206.29 | long leg | $1K | $2.9M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 206.14 | −0.073% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 205.45 | −0.407% | — | $105K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.88 | −0.199% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.65 | −0.310% | $50K | $1.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0076% | 8h | 205.94 | −0.171% | $401K | $87K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.79 | −0.242% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.76 | −0.257% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.82 | −0.228% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.82 | −0.226% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0111% | 8h | 205.98 | −0.150% | $147K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0135% | 8h | 205.62 | −0.325% | $10.0M | $30.2M | 25x | as long as short |
| Lighter CBRSshort | +0.0136% | 1h | 205.80 | −0.238% | $90K | $875K | 10x | |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 205.78 | −0.248% | $46K | $391K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0147% | 8h | 205.99 | −0.144% | $589 | $212K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0184% | 1h | 205.69 | −0.291% | $334K | $714K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0293% | 8h | 205.78 | −0.247% | $2.0M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0344% | 8h | 206.00 | −0.141% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.929% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0528% | 1h | 205.89 | −0.194% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0841% | 4h | 205.97 | −0.157% | $23K | $220K | 10x | as long as short |
SunX CBRS-USDT
Lighter CBRS
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC