Funding you earn now, next payment 09:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h +0.010%
Price spread now: Lighter against Aster+0.003%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$550.555% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now +0.003%, 7d avg −0.077%
=Together, before fees−0.093%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.080% dearer against Aster than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.077%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.0 days. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CBRSUSDT | 205.20 | 0 | get 0.0000% / 8h | 7h 21m | $65K | $148K | 20x |
| Short | Lighter CBRS | 205.21 | −0.0088 | pay 0.0011% / 1h | 21m 24s | $91K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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
- −$18.48
- Price spread: +0.003% → −0.077%
- $8.01
- Slippage, 4 orders
- −$47.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$65.93
- Costs to cover
- 0.555%
- Break-even
- never at this rate
Slippage from Aster: live order book, 10 min ago; Lighter: live order book, 4 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 Aster live order book, 10 min ago | 4.41 bp | 22.2 bp −$22 | 374.7 bp −$3,747 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.49 bp | 5.9 bp −$6 | 9.5 bp −$95 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0455% | 8h | 204.29 | −0.445% | $223 | $217K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0258% | 8h | 205.26 | +0.027% | $2.4M | $2.6M | 20x | as long as short |
| Lighter CBRSshort | −0.0088% | 1h | 205.21 | +0.003% | $91K | $1.1M | 10x | |
| Phoenix CBRS | −0.0039% | 1h | 203.48 | −0.840% | $1K | $108K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0026% | 1h | 205.11 | −0.046% | $332K | $717K | 10x | as long as short |
| Aster CBRSUSDTlong | 0.0000% | 8h | 205.20 | long leg | $65K | $148K | 20x | |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.23 | +0.014% | $46K | $383K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.28 | +0.037% | $10.1M | $31.8M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 205.43 | +0.110% | $2.1M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.36 | +0.076% | $2.2M | $3.5M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CBRS_USDT | 0.0000% | 8h | 205.30 | +0.047% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 203.38 | −0.889% | $389K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.40 | +0.096% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 204.42 | −0.382% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.16 | −0.021% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 204.88 | −0.158% | — | $106K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0024% | 8h | 204.39 | −0.397% | $148K | $71K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 205.28 | +0.037% | $42.0M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.51 | +0.149% | $50K | $471K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.23 | +0.013% | $812 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.23 | +0.013% | $112K | $162K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 204.32 | −0.431% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.25 | +0.024% | $238 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0432% | 1h | 205.42 | +0.105% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.469% | $115K | $108K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0695% | 4h | 204.27 | −0.454% | $23K | $221K | 10x | as long as short |
Aster CBRSUSDT
Lighter CBRS
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Phoenix CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
BloFin CBRS-USDT
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC