Funding you earn now, next payment 10:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.009%
Price spread now: Ondo Perps against Lighter−0.058%7-day average +0.056% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.108%+$11 · spread now −0.058%, 7d avg +0.056%
=Together, before fees+0.174%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.114% cheaper against Lighter than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of +0.056%). If the spread goes back, that is −$11 on $10k: about 4.2 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.066% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 207.04 | −0.0040 | get 0.0005% / 1h | 0m 04s | $90K | $1.2M | 10x |
| Short | Ondo Perps CBRS-USD.P | 206.92 | 0.0050 | get 0.0006% / 1h | 0m 04s | $332K | $729K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $18.98
- Price spread: −0.058% → +0.056%
- −$11.42
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $2.57
- Costs to cover
- 0.050%
- Break-even
- 6.1 days
Slippage unknown: Lighter: live order book, 4 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 4 min ago | 6.28 bp | 6.3 bp −$6 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
CBRS on 26 exchanges
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 | −0.0774% | 4h | 207.08 | +0.017% | $23K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0527% | 1h | 207.00 | −0.019% | $42.4M | $4.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0329% | 1h | 207.13 | +0.043% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 206.94 | −0.048% | $1K | $109K | 10x | as long as short |
| Lighter CBRSlong | −0.0040% | 1h | 207.04 | long leg | $90K | $1.2M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 207.03 | −0.004% | $65K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.27 | +0.111% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.31 | +0.130% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.24 | +0.097% | $2.3M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 207.12 | +0.039% | $398K | $101K | — | as long as short |
Show all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 207.32 | +0.135% | $1K | $2.5M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.23 | +0.092% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.84 | −0.097% | — | $105K | 10x | as long as short |
| Binance CBRSUSDT | +0.0029% | 8h | 207.24 | +0.097% | $10.2M | $32.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0032% | 1h | 207.15 | +0.055% | $44K | $386K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0046% | 8h | 207.17 | +0.063% | $148K | $73K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.27 | +0.111% | $51K | $465K | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 206.92 | −0.058% | $332K | $729K | 10x | |
| QFEX CBRS-USD | +0.0066% | 1h | 207.12 | +0.039% | $1.1M | $3.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.21 | +0.082% | $820 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.14 | +0.048% | $113K | $250K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.62 | −0.203% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.08 | +0.020% | $240 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0343% | 8h | 207.50 | +0.222% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +1.560% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0474% | 8h | 206.93 | −0.052% | $521 | $226K | 10x | as long as short |
Lighter CBRS
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp