Funding you earn now, next payment 10:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h +0.072%
Price spread now: Lighter against edgeX−0.092%79s7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.339%+$34 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.092%, 7d avg −0.077%
=Together, before fees+0.435%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.077%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.339%, so the current rate has only just turned against you. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CBRSUSDC | 206.18 | 0.0300 | pay 0.0150% / 4h | 2h 56m | $23K | $220K | 10x |
| Short | Lighter CBRS | 205.99 | 0.0016 | get 0.0002% / 1h | 56m 09s | $90K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$59.74
- Price spread: −0.092% → −0.077%
- −$1.5
- Slippage, 4 orders
- −$25.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$95.5
- Costs to cover
- 0.343%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 36 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 edgeX live order book, 36 min ago | 5.39 bp | 10.2 bp −$10 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 4.61 bp | 4.6 bp −$5 | 8.4 bp −$84 | 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 | −0.0145% | 8h | 206.16 | −0.009% | $2.4M | $2.7M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0143% | 1h | 205.99 | −0.092% | $42.2M | $4.0M | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.91 | −0.131% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0018% | 8h | 206.08 | −0.048% | $147K | $72K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.19 | +0.004% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 206.05 | −0.062% | $44K | $387K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 206.16 | −0.009% | $10.2M | $32.4M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 206.12 | −0.029% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.18 | 0.000% | $2.2M | $3.5M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.99 | −0.093% | $395K | $101K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 206.12 | −0.028% | $649 | $220K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.49 | +0.151% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.122% | $9K | $10K | 20x | as long as short |
| Lighter CBRSshort | +0.0016% | 1h | 205.99 | −0.092% | $90K | $1.1M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.87 | −0.150% | — | $107K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.07 | −0.053% | $51K | $471K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.22 | +0.020% | $329K | $724K | 10x | as long as short |
| QFEX CBRS-USD | +0.0066% | 1h | 206.14 | −0.019% | $1.1M | $3.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.08 | −0.048% | $815 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.14 | −0.019% | $112K | $190K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.86 | −0.155% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | −0.064% | $239 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0151% | 8h | 206.30 | +0.059% | $2.9M | $3.1M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0187% | 1h | 206.18 | 0.000% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDClong | +0.0300% | 4h | 206.18 | long leg | $23K | $220K | 10x | |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +1.984% | $115K | $108K | 10x | as long as short |
edgeX CBRSUSDC
Lighter CBRS
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX