Funding you earn now, next payment 04:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.195%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.195%, 7d avg −0.189%
=Together, before fees+0.147%+ Points / potential airdropLighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.189%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 210.16 | 0 | get 0.0000% / 8h | 4h 35m | $1K | $3.0M | 10x |
| Short | Lighter CBRS | 209.75 | 0.0032 | get 0.0004% / 1h | 35m 46s | $92K | $844K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $6.72
- Price spread: −0.195% → −0.189%
- −$0.64
- Slippage, 4 orders
- −$134.09
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$136
- Costs to cover
- 1.421%
- Break-even
- 148.7 days
Slippage from SunX: live order book, 12 min ago; Lighter: live order book, 19 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 SunX live order book, 12 min ago | 29.49 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 19 min ago | 0.71 bp | 6.5 bp −$6 | 12.0 bp −$120 | 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 | −0.0285% | 4h | 209.92 | −0.112% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.87 | −0.140% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.04 | −0.057% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.93 | −0.109% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.96 | −0.094% | $388 | $205K | 10x | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 210.16 | long leg | $1K | $3.0M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 210.01 | −0.071% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.59 | −0.271% | — | $94K | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.75 | −0.195% | $92K | $844K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.82 | −0.162% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.71 | −0.214% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.82 | −0.162% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.85 | −0.148% | $340K | $723K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 209.88 | −0.133% | $1.1M | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.81 | −0.167% | $12K | $5K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.83 | −0.157% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.94 | −0.105% | $25K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.87 | −0.138% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.90 | −0.124% | $243 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0104% | 1h | 210.27 | +0.052% | $115K | $116K | 10x | as long as short |
| Variational Omni CBRS | +0.0153% | 8h | 209.91 | −0.120% | $424K | $101K | — | as long as short |
| BloFin CBRS-USDT | +0.0191% | 8h | 209.99 | −0.081% | $148K | $69K | 20x | as long as short |
| Binance CBRSUSDT | +0.0202% | 8h | 209.94 | −0.103% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0208% | 1h | 209.90 | −0.124% | $45K | $260K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0314% | 8h | 210.05 | −0.052% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0333% | 8h | 210.10 | −0.029% | $2.9M | $2.9M | 50x | as long as short |
SunX CBRS-USDT
Lighter CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
HTX CBRS-USDT
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Coinbase International CBRS-PERP-INTX
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT
Gate CBRS_USDT