Funding you earn now, next payment 01:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against QFEX−0.010%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.125%−$13 · spread now −0.010%, 7d avg −0.097%
=Together, before fees−0.096%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.087% dearer against QFEX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.097%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 209.90 | 0.0031 | pay 0.0004% / 1h | 22m 10s | $1.1M | $3.4M | 10x |
| Short | Lighter CBRS | 209.88 | 0.0032 | get 0.0004% / 1h | 22m 10s | $91K | $859K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- $0.13
- Price spread: −0.010% → −0.097%
- $8.73
- Slippage, 4 orders
- −$21.11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$22.25
- Costs to cover
- 0.311%
- Break-even
- 1165.6 days
Slippage from QFEX: live order book, 6 min ago; Lighter: live order book, 48 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 QFEX live order book, 6 min ago | 1.43 bp | 8.1 bp −$8 | 17.0 bp −$170 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 48 min ago | 0.72 bp | 6.0 bp −$6 | 7.1 bp −$71 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0208% | 4h | 210.19 | +0.139% | $24K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.91 | +0.007% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.98 | +0.038% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.06 | +0.076% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.10 | +0.095% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.98 | +0.038% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.29 | +0.188% | $1K | $214K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.24 | +0.162% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.88 | −0.010% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.22 | +0.152% | $9K | $9K | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.696% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.62 | −0.133% | — | $98K | 10x | as long as short |
| QFEX CBRS-USDlong | +0.0031% | 1h | 209.90 | long leg | $1.1M | $3.4M | 10x | |
| Lighter CBRSshort | +0.0032% | 1h | 209.88 | −0.010% | $91K | $859K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 210.23 | +0.157% | $1K | $111K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0041% | 1h | 209.79 | −0.052% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.81 | −0.043% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.34 | +0.210% | $343K | $926K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.87 | −0.014% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.12 | +0.105% | $25K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.95 | +0.024% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.01 | +0.050% | $244 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0427% | 8h | 209.90 | 0.000% | $147K | $71K | 20x | as long as short |
| Variational Omni CBRS | +0.0429% | 8h | 210.25 | +0.165% | $425K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0448% | 1h | 209.95 | +0.022% | $45K | $266K | 10x | as long as short |
| Binance CBRSUSDT | +0.0451% | 8h | 209.96 | +0.027% | $10.3M | $29.7M | 25x | as long as short |
Lighter CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT