Funding you earn now, next payment 05:00 UTC+0.0135%/8h= +14.8% APRpaid last 24h +0.066%
Price spread now: Binance against Lighter+0.043%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now +0.043%, 7d avg +0.080%
=Together, before fees+0.081%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.037% cheaper against Lighter than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.080%). If the spread goes back, that is −$4 on $10k: about 22 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.108% in total) that is about 2.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 208.65 | 0.0032 | pay 0.0004% / 1h | 44m 30s | $90K | $840K | 10x |
| Short | Binance CBRSUSDT | 208.74 | 0.0167 | get 0.0167% / 8h | 3h 44m | $10.1M | $29.5M | 25x |
Lighter CBRS
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $28.34
- Price spread: +0.043% → +0.080%
- −$3.72
- Slippage, 4 orders
- −$24.22
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.6
- Costs to cover
- 0.342%
- Break-even
- 9.4 days
Slippage from Lighter: live order book, 5 min ago; Binance: live order book, 12 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, 5 min ago | 0.72 bp | 5.9 bp −$6 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.43 bp | 11.4 bp −$11 | 31.0 bp −$310 | 123.9 bp −$12.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0344% | 1h | 208.57 | −0.038% | $42.7M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.75 | +0.046% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.83 | +0.086% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.75 | +0.048% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.17 | +0.249% | $757 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.73 | +0.038% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.43 | −0.105% | — | $94K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 208.65 | long leg | $90K | $840K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0038% | 1h | 208.73 | +0.038% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.06 | +0.197% | $1K | $108K | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.60 | −0.024% | $53K | $1.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0052% | 8h | 208.97 | +0.154% | $619 | $209K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 208.75 | +0.048% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.75 | +0.048% | $114K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.99 | +0.163% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.76 | +0.053% | $826 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.72 | +0.033% | $242 | — | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0106% | 1h | 208.91 | +0.125% | $339K | $719K | 10x | as long as short |
| Variational Omni CBRS | +0.0107% | 8h | 208.90 | +0.119% | $421K | $89K | — | as long as short |
| Binance CBRSUSDTshort | +0.0167% | 8h | 208.74 | +0.043% | $10.1M | $29.5M | 25x | |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 208.70 | +0.025% | $49K | $263K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0180% | 8h | 208.95 | +0.144% | $148K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.776% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0377% | 8h | 208.84 | +0.091% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0395% | 8h | 208.90 | +0.120% | $2.9M | $2.9M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0746% | 4h | 208.95 | +0.144% | $24K | $221K | 10x | as long as short |
Polymarket Perps CBRS-USD
GRVT CBRS_USDT_Perp
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Ondo Perps CBRS-USD.P
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC