Funding you earn now, next payment 05:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.069%
Price spread now: BloFin against Lighter+0.077%90s7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.077%, 7d avg +0.093%
=Together, before fees+0.060%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.093%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 207.26 | 0.0032 | pay 0.0004% / 1h | 13m 34s | $89K | $864K | 10x |
| Short | BloFin CBRS-USDT | 207.42 | 0.0150 | get 0.0150% / 8h | 3h 13m | $147K | $69K | 20x |
Lighter CBRS
BloFin CBRS-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $24.7
- Price spread: +0.077% → +0.093%
- −$1.54
- Slippage, 4 orders
- −$17.53
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.38
- Costs to cover
- 0.295%
- Break-even
- 8.8 days
Slippage from Lighter: live order book, 36 min ago; BloFin: live order book, 6 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, 36 min ago | 0.72 bp | 5.9 bp −$6 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.24 bp | 8.1 bp −$8 | 18.1 bp −$181 | 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 | −0.0682% | 4h | 207.33 | +0.032% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0342% | 1h | 206.99 | −0.130% | $42.3M | $3.7M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0036% | 8h | 207.47 | +0.101% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.24 | −0.011% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.44 | +0.087% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.66 | +0.193% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | +0.053% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.02 | −0.116% | — | $101K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 207.26 | long leg | $89K | $864K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 207.23 | −0.014% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.11 | −0.072% | $51K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.29 | +0.014% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | +0.057% | $418K | $82K | — | as long as short |
| Ondo Perps CBRS-USD.P | +0.0071% | 1h | 207.32 | +0.029% | $336K | $719K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0073% | 8h | 207.31 | +0.024% | $1K | $212K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.37 | +0.053% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.37 | +0.053% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.29 | +0.014% | $820 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.32 | +0.027% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0135% | 8h | 207.36 | +0.048% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.31 | +0.025% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDTshort | +0.0150% | 8h | 207.42 | +0.077% | $147K | $69K | 20x | |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.452% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0354% | 8h | 207.41 | +0.072% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0356% | 8h | 207.50 | +0.116% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1344% | 1h | 207.35 | +0.043% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Variational Omni CBRS
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL