Funding you earn now, next payment 07:00 UTC+0.0292%/8h= +32.0% APRpaid last 24h −0.010%
Price spread now: Bybit against Lighter+0.068%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$580.579% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.068%, 7d avg +0.079%
=Together, before fees+0.063%+ 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 +0.079%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 206.09 | 0.0032 | pay 0.0004% / 1h | 17m 38s | $91K | $898K | 10x |
| Short | Bybit CBRSUSDT | 206.23 | 0.0324 | get 0.0324% / 8h | 1h 17m | $2.1M | $2.0M | 25x |
Lighter CBRS
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $61.29
- Price spread: +0.068% → +0.079%
- −$1.1
- Slippage, 4 orders
- −$46.85
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $2.34
- Costs to cover
- 0.579%
- Break-even
- 6.7 days
Slippage from Lighter: live order book, 22 min ago; Bybit: live order book, 4 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, 22 min ago | 0.97 bp | 10.1 bp −$10 | 13.3 bp −$133 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.94 bp | 26.6 bp −$27 | 154.7 bp −$1,547 | 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 | −0.0609% | 8h | 206.42 | +0.160% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0180% | 1h | 206.07 | −0.010% | $42.2M | $4.1M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.33 | +0.119% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.45 | +0.175% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.42 | +0.160% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.29 | +0.097% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 206.06 | −0.015% | — | $108K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 206.09 | long leg | $91K | $898K | 10x | |
| Phoenix CBRS | +0.0039% | 1h | 205.86 | −0.112% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.05 | −0.019% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
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 | 206.31 | +0.107% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.28 | +0.092% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0095% | 8h | 206.14 | +0.024% | $401K | $100K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.21 | +0.058% | $114K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.12 | +0.015% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.27 | +0.087% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.26 | +0.082% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0142% | 8h | 206.35 | +0.126% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.30 | +0.101% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0176% | 8h | 206.23 | +0.068% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0220% | 8h | 206.20 | +0.053% | $450 | $217K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0324% | 8h | 206.23 | +0.068% | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0385% | 8h | 206.40 | +0.150% | $2.9M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0575% | 1h | 206.22 | +0.063% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.028% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0858% | 4h | 206.18 | +0.043% | $23K | $221K | 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
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC