Funding you earn now, next payment 21:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.023%
Price spread now: Lighter against Gate−0.024%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$560.559% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.302%−$30 · spread now −0.024%, 7d avg −0.089%
=Together, before fees−0.341%+ Points / potential airdropLighter: Season 3 · farm board−$34 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 Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.089%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 208.20 | 0 | get 0.0000% / 8h | 3h 30m | $2.9M | $3.2M | 50x |
| Short | Lighter CBRS | 208.15 | 0.0032 | get 0.0004% / 1h | 30m 26s | $90K | $903K | 10x |
Gate CBRS_USDT
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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: −0.024% → −0.089%
- $6.52
- Slippage, 4 orders
- −$40.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.7
- Costs to cover
- 0.559%
- Break-even
- 51.5 days
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 15 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 Gate live order book, 3 min ago | 4.80 bp | 20.3 bp −$20 | 37.0 bp −$370 | 50.2 bp −$5,020 | 123.4 bp −$61.7K |
| Sell Lighter live order book, 15 min ago | 0.72 bp | 8.7 bp −$9 | 11.7 bp −$117 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0278% | 1h | 208.13 | −0.034% | $12K | $51K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0091% | 1h | 207.97 | −0.110% | $42.7M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.25 | +0.023% | $65K | $147K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 208.19 | −0.007% | $42K | $246K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 208.21 | +0.005% | $10.2M | $30.4M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.25 | +0.024% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.19 | −0.005% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTlong | 0.0000% | 8h | 208.20 | long leg | $2.9M | $3.2M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.19 | −0.005% | $2.4M | $2.9M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 208.17 | −0.016% | $416K | $316K | — | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Variational Omni CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 208.15 | −0.024% | $591 | $243K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 207.91 | −0.139% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.42 | +0.106% | $1K | $3.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.34 | +0.067% | $9K | $6K | 20x | as long as short |
| QFEX CBRS-USD | +0.0008% | 1h | 208.19 | −0.005% | $1.1M | $2.8M | 10x | as long as short |
| BloFin CBRS-USDT | +0.0022% | 8h | 208.16 | −0.019% | $147K | $69K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 207.96 | −0.115% | — | $89K | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 208.15 | −0.024% | $90K | $903K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.06 | −0.067% | $25K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.11 | −0.043% | $335K | $886K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0096% | 1h | 208.24 | +0.019% | $113K | $114K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0097% | 4h | 208.16 | −0.017% | $23K | $220K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.22 | +0.010% | $142K | $98K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.92 | −0.134% | $25K | $135K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.15 | −0.024% | $855 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.17 | −0.015% | $241 | — | 10x | as long as short |
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
BloFin CBRS-USDT
Vest CBRS-USD-PERP
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP