Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: Ondo Perps against Lighter+0.010%7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.171%+$17 · spread now +0.010%, 7d avg +0.056%
=Together, before fees+0.236%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board+$24 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against Lighter than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.056%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 205.77 | 0 | get 0.0000% / 1h | 54m 06s | $90K | $1.1M | 10x |
| Short | Ondo Perps CBRS-USD.P | 205.79 | 0.0050 | get 0.0006% / 1h | 54m 06s | $329K | $724K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: +0.010% → +0.056%
- −$4.66
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $0.93
- Costs to cover
- 0.050%
- Break-even
- 6.4 days
Slippage unknown: Lighter: live order book, 2 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 2 min ago | 0.49 bp | 8.6 bp −$9 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1061% | 1h | 205.73 | −0.019% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0506% | 1h | 205.70 | −0.034% | $42.1M | $4.0M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0140% | 8h | 205.72 | −0.024% | $2.3M | $2.7M | 20x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 206.06 | +0.141% | $1K | $109K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0006% | 8h | 205.87 | +0.049% | $147K | $72K | 20x | as long as short |
| Lighter CBRSlong | 0.0000% | 1h | 205.77 | long leg | $90K | $1.1M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 206.00 | +0.109% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.65 | −0.061% | $44K | $387K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.67 | −0.046% | $10.2M | $32.5M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 205.83 | +0.029% | $2.1M | $2.2M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.67 | −0.049% | $2.2M | $3.5M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.10 | +0.163% | $395K | $101K | — | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 206.10 | +0.160% | $719 | $221K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.03 | +0.126% | $985 | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.321% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.91 | +0.068% | — | $107K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.07 | +0.146% | $51K | $471K | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 205.79 | +0.010% | $329K | $724K | 10x | |
| QFEX CBRS-USD | +0.0066% | 1h | 205.92 | +0.073% | $1.1M | $3.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.71 | −0.029% | $814 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.88 | +0.053% | $111K | $192K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.85 | +0.039% | $24K | $138K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.64 | −0.061% | $239 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0138% | 8h | 205.70 | −0.034% | $2.9M | $3.1M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0300% | 4h | 206.08 | +0.150% | $23K | $221K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0400% | 1h | 210.27 | +2.187% | $115K | $108K | 10x | as long as short |
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Gate CBRS_USDT
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX