Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter+0.077%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$660.656% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.077%, 7d avg +0.078%
=Together, before fees−0.074%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.078%, 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 | Lighter CBRS | 209.29 | 0.0032 | pay 0.0004% / 1h | 16m 04s | $90K | $850K | 10x |
| Short | Aster CBRSUSDT | 209.45 | 0 | get 0.0000% / 8h | 6h 16m | $66K | $147K | 20x |
Lighter CBRS
Aster CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$6.72
- Price spread: +0.077% → +0.078%
- −$0.1
- Slippage, 4 orders
- −$57.6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$72.42
- Costs to cover
- 0.656%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 49 min ago; Aster: live order book, 50 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 Lighter live order book, 49 min ago | 4.05 bp | 4.0 bp −$4 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell Aster live order book, 50 min ago | 6.19 bp | 25.5 bp −$25 | 629.9 bp −$6,299 | doesn't fit | doesn't fit |
CBRS on 25 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 | −0.0833% | 4h | 209.22 | −0.032% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0123% | 1h | 209.23 | −0.029% | $42.9M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.406% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDTshort | 0.0000% | 8h | 209.45 | +0.077% | $66K | $147K | 20x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | +0.057% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | +0.072% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.21 | −0.036% | $795 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.88 | +0.282% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.59 | +0.143% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.19 | −0.048% | — | $94K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRSlong | +0.0032% | 1h | 209.29 | long leg | $90K | $850K | 10x | |
| QFEX CBRS-USD | +0.0038% | 1h | 209.42 | +0.062% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.13 | −0.076% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.43 | +0.067% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.48 | +0.091% | $340K | $741K | 10x | as long as short |
| Gate CBRS_USDT | +0.0065% | 8h | 209.60 | +0.148% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.41 | +0.057% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.30 | +0.005% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.45 | +0.076% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.49 | +0.097% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0116% | 8h | 209.59 | +0.143% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0316% | 8h | 209.46 | +0.079% | $423K | $124K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0344% | 1h | 209.43 | +0.066% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0345% | 8h | 209.47 | +0.087% | $10.3M | $29.5M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0514% | 1h | 209.47 | +0.086% | $12K | $5K | 10x | as long as short |
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Deribit CBRS_USDC-PERPETUAL