Funding you earn now, next payment 00:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.034%
Price spread now: Lighter against Ondo Perps−0.081%7-day average −0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.081%, 7d avg −0.059%
=Together, before fees+0.001%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board$0 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 Lighter is 0.022% cheaper against Ondo Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 209.48 | 0.0050 | pay 0.0006% / 1h | 13m 47s | $342K | $921K | 10x |
| Short | Lighter CBRS | 209.31 | 0.0032 | get 0.0004% / 1h | 13m 47s | $90K | $875K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Ondo Perps. 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
- −$3.86
- Price spread: −0.081% → −0.059%
- −$2.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$11.05
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 61 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 61 min ago | 0.48 bp | 4.7 bp −$5 | 10.7 bp −$107 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0363% | 4h | 209.58 | +0.047% | $24K | $222K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0196% | 1h | 209.23 | −0.119% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.30 | −0.087% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.65 | +0.081% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.49 | +0.005% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.37 | −0.053% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.20 | −0.134% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.80 | +0.153% | $986 | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.73 | +0.119% | $9K | $7K | 20x | as long as short |
| Gate CBRS_USDT | +0.0010% | 8h | 209.50 | +0.010% | $2.9M | $3.1M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0015% | 1h | 209.18 | −0.143% | — | $98K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.496% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.46 | −0.010% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.31 | −0.081% | $90K | $875K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.32 | −0.076% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 209.48 | long leg | $342K | $921K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.20 | −0.134% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.36 | −0.057% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.41 | −0.033% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.58 | +0.047% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0447% | 8h | 209.60 | +0.059% | $423K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0485% | 8h | 209.36 | −0.057% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0488% | 1h | 209.32 | −0.076% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0494% | 8h | 209.58 | +0.048% | $146K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0543% | 8h | 209.54 | +0.029% | $482 | $221K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0562% | 1h | 209.50 | +0.010% | $12K | $5K | 10x | as long as short |
Lighter CBRS
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL