Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.009%
Price spread now: Lighter against Aster−0.013%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$670.666% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now −0.013%, 7d avg −0.078%
=Together, before fees−0.003%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.065% dearer against Aster than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CBRSUSDT | 210.02 | 0 | get 0.0000% / 8h | 7h 50m | $66K | $147K | 20x |
| Short | Lighter CBRS | 209.99 | 0.0032 | get 0.0004% / 1h | 50m 24s | $91K | $843K | 10x |
Aster CBRSUSDT
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. 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: −0.013% → −0.078%
- $6.52
- Slippage, 4 orders
- −$58.59
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$53.35
- Costs to cover
- 0.666%
- Break-even
- 62.6 days
Slippage from Aster: live order book, 21 min ago; Lighter: live order book, 20 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 Aster live order book, 21 min ago | 6.44 bp | 27.3 bp −$27 | 266.7 bp −$2,667 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 20 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 | −0.0681% | 4h | 209.88 | −0.066% | $24K | $221K | 10x | as long as short |
| Aster CBRSUSDTlong | 0.0000% | 8h | 210.02 | long leg | $66K | $147K | 20x | |
| Bybit CBRSUSDT | 0.0000% | 8h | 210.10 | +0.039% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.19 | +0.082% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.10 | +0.039% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.10 | +0.039% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.91 | −0.050% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.41 | +0.187% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.94 | −0.037% | $9K | $6K | 20x | as long as short |
| tradeXYZ xyz:CBRS | +0.0002% | 1h | 209.93 | −0.041% | $43.0M | $3.6M | 10x | as long as short |
edgeX CBRSUSDC
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRSShow 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 | −0.751% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0028% | 1h | 209.68 | −0.161% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 210.05 | +0.016% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.99 | −0.013% | $91K | $843K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.78 | −0.113% | $1K | $111K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.04 | +0.011% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | −0.056% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.93 | −0.041% | $143K | $90K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.93 | −0.041% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.03 | +0.006% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.96 | −0.028% | $244 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0179% | 1h | 210.10 | +0.039% | $12K | $5K | 10x | as long as short |
| Variational Omni CBRS | +0.0486% | 8h | 210.13 | +0.053% | $425K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0497% | 8h | 210.05 | +0.016% | $146K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0512% | 1h | 210.12 | +0.047% | $42K | $252K | 10x | as long as short |
| Binance CBRSUSDT | +0.0515% | 8h | 210.16 | +0.066% | $10.3M | $29.8M | 25x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT