Funding you earn now, next payment 07:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: Aster against Lighter+0.054%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$630.629% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now +0.054%, 7d avg +0.077%
=Together, before fees−0.029%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.023% cheaper against Lighter than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 205.92 | 0.0032 | pay 0.0004% / 1h | 23m 44s | $91K | $896K | 10x |
| Short | Aster CBRSUSDT | 206.03 | 0 | get 0.0000% / 8h | 1h 23m | $65K | $147K | 20x |
Lighter CBRS
Aster CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: +0.054% → +0.077%
- −$2.32
- Slippage, 4 orders
- −$54.92
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$71.96
- Costs to cover
- 0.629%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 16 min ago; Aster: live order book, 17 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 Lighter live order book, 16 min ago | 0.97 bp | 10.1 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Aster live order book, 17 min ago | 5.11 bp | 23.3 bp −$23 | 626.4 bp −$6,264 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0649% | 8h | 206.24 | +0.155% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0199% | 1h | 205.94 | +0.010% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDTshort | 0.0000% | 8h | 206.03 | +0.054% | $65K | $147K | 20x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.26 | +0.165% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.27 | +0.170% | $2K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.97 | +0.024% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 205.72 | −0.097% | — | $108K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 205.92 | long leg | $91K | $896K | 10x | |
| Phoenix CBRS | +0.0039% | 1h | 205.44 | −0.233% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.78 | −0.068% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Phoenix CBRS
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.79 | −0.063% | $335K | $717K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.99 | +0.034% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0082% | 8h | 205.90 | −0.010% | $401K | $101K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.85 | −0.034% | $113K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.50 | −0.204% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.90 | −0.010% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.98 | +0.030% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0141% | 8h | 206.13 | +0.102% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.09 | +0.082% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0163% | 8h | 205.97 | +0.024% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0210% | 8h | 205.76 | −0.076% | $514 | $216K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0341% | 8h | 205.89 | −0.015% | $2.1M | $2.0M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0382% | 1h | 205.96 | +0.019% | $12K | $5K | 10x | as long as short |
| Gate CBRS_USDT | +0.0382% | 8h | 206.30 | +0.185% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.112% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0645% | 4h | 205.70 | −0.105% | $23K | $220K | 10x | as long as short |
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC