Funding you earn now, next payment 05:00 UTC−0.0089%/8h= −9.7% APRpaid last 24h −0.066%
Price spread now: Lighter against Binance−0.048%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$360.356% of the position
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 4 days (all we have)+0.032%+$3 · spread now −0.048%, 7d avg −0.080%
=Together, before fees−0.076%+ Points / potential airdropLighter: Season 3 · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.032% dearer against Binance than usual: you sell high and buy low (spread −0.048% now, against its 7-day average of −0.080%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 207.09 | 0.0121 | pay 0.0121% / 8h | 3h 17m | $10.1M | $29.7M | 25x |
| Short | Lighter CBRS | 206.99 | 0.0032 | get 0.0004% / 1h | 17m 38s | $89K | $862K | 10x |
Binance CBRSUSDT
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$18.63
- Price spread: −0.048% → −0.080%
- $3.23
- Slippage, 4 orders
- −$25.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$51
- Costs to cover
- 0.356%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Lighter: live order book, 32 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 Binance live order book, 9 min ago | 0.73 bp | 10.9 bp −$11 | 37.5 bp −$375 | 139.9 bp −$14.0K | doesn't fit |
| Sell Lighter live order book, 32 min ago | 0.72 bp | 5.2 bp −$5 | 7.9 bp −$79 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0343% | 1h | 207.01 | −0.038% | $42.3M | $3.7M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.98 | −0.053% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.34 | +0.121% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.13 | +0.020% | $2.4M | $2.4M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.62 | +0.256% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.52 | +0.208% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 206.89 | −0.096% | — | $98K | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 206.99 | −0.048% | $89K | $862K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 206.99 | −0.048% | $1K | $108K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0050% | 8h | 207.41 | +0.155% | $257 | $212K | 10x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Phoenix CBRS
GRVT CBRS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.81 | −0.135% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.12 | +0.015% | $336K | $718K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.31 | +0.106% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0064% | 8h | 207.41 | +0.154% | $418K | $83K | — | as long as short |
| edgeX CBRSUSDC | +0.0095% | 4h | 207.40 | +0.148% | $23K | $221K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.16 | +0.034% | $115K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.05 | −0.019% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.78 | −0.149% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.77 | −0.153% | $240 | — | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0121% | 8h | 207.09 | long leg | $10.1M | $29.7M | 25x | |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 207.00 | −0.042% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0149% | 8h | 207.11 | +0.010% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.536% | $115K | $116K | 10x | as long as short |
| Gate CBRS_USDT | +0.0344% | 8h | 207.30 | +0.102% | $2.8M | $2.9M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0344% | 8h | 207.04 | −0.024% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0572% | 1h | 206.86 | −0.111% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL