Funding you earn now, next payment 20:00 UTC−0.0022%/8hnext payment −$0.03 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Lighter+0.053%7-day average +0.102% · you sell dearer than you buy
to open and close $10k−$32fees + slippage, both legs, in and out
costs, in % of the position0.318%what the two incomes have to cover
Funding, last 3 days (all we have)−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now +0.053%, 7d avg +0.102%
=Together, before fees+0.014%+ Points / potential airdropLighter: Season 3 · farm board+$1 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 QFEX is 0.049% cheaper against Lighter than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.102%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 208.07 | 0.0032 | pay 0.0004% / 1h | 49m 19s | $87K | $817K | 10x |
| Short | QFEX CBRS-USD | 208.18 | 0.0010 | get 0.0001% / 1h | 49m 19s | $1.1M | $2.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$4.7
- Price spread: +0.053% → +0.102%
- −$4.9
- Slippage, 4 orders
- −$21.76
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$41.36
- Costs to cover
- 0.318%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 38 min ago; QFEX: live order book, 3 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, 38 min ago | 0.72 bp | 4.3 bp −$4 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.44 bp | 8.0 bp −$8 | 19.3 bp −$193 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0176% | 1h | 208.02 | −0.024% | $42.8M | $3.2M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.09 | +0.010% | $1K | $110K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0005% | 8h | 208.14 | +0.034% | $150K | $67K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.32 | +0.122% | $65K | $146K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 208.15 | +0.041% | $42K | $246K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 208.17 | +0.048% | $10.3M | $28.5M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.23 | +0.077% | $2.0M | $1.8M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.11 | +0.019% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.20 | +0.062% | $2.8M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.10 | +0.014% | $2.4M | $2.8M | 20x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | 0.0000% | 8h | 208.03 | −0.018% | $404K | $327K | — | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 207.98 | −0.041% | $736 | $235K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.49 | +0.202% | $1K | $3.4M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.14 | +0.034% | $12K | $51K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.98 | −0.043% | $9K | $5K | 20x | as long as short |
| QFEX CBRS-USDshort | +0.0010% | 1h | 208.18 | +0.053% | $1.1M | $2.6M | 10x | |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 208.02 | −0.024% | — | $88K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 208.07 | long leg | $87K | $817K | 10x | |
| Polymarket Perps CBRS-USD | +0.0044% | 1h | 207.98 | −0.043% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.18 | +0.053% | $342K | $858K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.18 | +0.053% | $141K | $91K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.17 | +0.048% | $25K | $133K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.18 | +0.053% | $855 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.17 | +0.048% | $241 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0144% | 1h | 208.94 | +0.418% | $110K | $92K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0746% | 4h | 208.01 | −0.030% | $24K | $219K | 10x | as long as short |
Lighter CBRS
tradeXYZ xyz:CBRS
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC