Funding you earn now, next payment 06:00 UTC+0.0221%/8h= +24.2% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter+0.102%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days+0.022%+$2 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.102%, 7d avg +0.078%
=Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.024% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.078%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.022% in total (about 1.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 205.17 | 0.0056 | pay 0.0007% / 1h | 26m 41s | $89K | $880K | 10x |
| Short | Bybit CBRSUSDT | 205.38 | 0.0277 | get 0.0277% / 8h | 2h 26m | $2.0M | $2.0M | 25x |
Lighter CBRS
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $46.49
- Price spread: +0.102% → +0.078%
- $2.4
- Slippage, 4 orders
- −$39.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$1.69
- Costs to cover
- 0.506%
- Break-even
- 7.3 days
Slippage from Lighter: live order book, 18 min ago; Bybit: live order book, 5 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, 18 min ago | 0.73 bp | 7.1 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.68 bp | 18.2 bp −$18 | 119.9 bp −$1,199 | 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 | −0.0623% | 8h | 205.42 | +0.122% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0233% | 1h | 205.10 | −0.034% | $41.9M | $3.9M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0172% | 4h | 205.59 | +0.203% | $23K | $219K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.50 | +0.161% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.41 | +0.117% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.36 | +0.093% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.83 | +0.322% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.66 | +0.239% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 205.04 | −0.063% | — | $105K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.36 | +0.093% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.14 | −0.015% | $50K | $1.1M | 10x | as long as short |
| Lighter CBRSlong | +0.0056% | 1h | 205.17 | long leg | $89K | $880K | 10x | |
| Variational Omni CBRS | +0.0067% | 8h | 205.47 | +0.148% | $400K | $86K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.28 | +0.054% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | +0.205% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.34 | +0.083% | $812 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.38 | +0.104% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0126% | 8h | 205.34 | +0.083% | $10.0M | $30.3M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0128% | 8h | 205.43 | +0.127% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.22 | +0.026% | $46K | $391K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0130% | 1h | 205.55 | +0.185% | $334K | $714K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0151% | 8h | 205.65 | +0.234% | $512 | $212K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0277% | 8h | 205.38 | +0.102% | $2.0M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0344% | 8h | 205.40 | +0.112% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.486% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0969% | 1h | 205.32 | +0.073% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL