Funding you earn now, next payment 03:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.020%
Price spread now: KuCoin against Lighter+0.019%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$397as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4154.149% of the position
Funding, last 7 days+0.177%+$18 on $10k
+Price spread, last 4 days (all we have)+0.352%+$35 · spread now +0.019%, 7d avg +0.065%
=Together, before fees+0.529%+ Points / potential airdropLighter: Season 3 · farm board+$53 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Lighter than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.065%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 209.30 | 0.0032 | pay 0.0004% / 1h | 24m 31s | $90K | $831K | 10x |
| Short | KuCoin CBRSUSDTM | 209.34 | 0.0100 | get 0.0100% / 8h | 5h 24m | $114K | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $14.28
- Price spread: +0.019% → +0.065%
- −$4.64
- Slippage, 4 orders
- −$402.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$405.21
- Costs to cover
- 4.149%
- Break-even
- 205.6 days
Slippage from Lighter: live order book, 36 min ago; KuCoin: live order book, 64 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, 36 min ago | 0.72 bp | 11.8 bp −$12 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 64 min ago | 13.15 bp | 208.9 bp −$209 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.411% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.42 | +0.058% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.55 | +0.119% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | +0.067% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.44 | +0.066% | $884 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.30 | 0.000% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.70 | +0.191% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.100% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.110% | — | $94K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 209.30 | long leg | $90K | $831K | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0034% | 1h | 209.27 | −0.014% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.42 | +0.057% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.43 | +0.062% | $339K | $733K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.42 | +0.057% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 209.34 | +0.019% | $114K | $118K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.48 | +0.086% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.46 | +0.076% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.48 | +0.084% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0136% | 8h | 209.47 | +0.081% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0201% | 8h | 209.48 | +0.087% | $423K | $112K | — | as long as short |
| Gate CBRS_USDT | +0.0214% | 8h | 209.60 | +0.143% | $2.9M | $3.0M | 50x | as long as short |
| BloFin CBRS-USDT | +0.0228% | 8h | 209.55 | +0.119% | $105K | $69K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0248% | 1h | 209.44 | +0.065% | $44K | $266K | 10x | as long as short |
| Binance CBRSUSDT | +0.0249% | 8h | 209.51 | +0.099% | $10.3M | $29.4M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0706% | 1h | 209.47 | +0.081% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0898% | 4h | 209.39 | +0.041% | $24K | $219K | 10x | as long as short |
Lighter CBRS
KuCoin CBRSUSDTM
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Variational Omni CBRS
Gate CBRS_USDT
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC