Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −1.9% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against QFEX−0.121%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$310.312% of the position
Funding, last 4 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.121%, 7d avg −0.094%
=Together, before fees+0.030%+ Points / potential airdropLighter: Season 3 · farm board+$3 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 0.028% cheaper against QFEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.094%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 206.12 | 0.0050 | pay 0.0006% / 1h | 8m 57s | $1.2M | $3.1M | 10x |
| Short | Lighter CBRS | 205.87 | 0.0032 | get 0.0004% / 1h | 8m 57s | $92K | $928K | 10x |
QFEX CBRS-USD
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- −$3.71
- Price spread: −0.121% → −0.094%
- −$2.77
- Slippage, 4 orders
- −$21.15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.64
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Lighter: live order book, 26 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 QFEX live order book, 4 min ago | 1.21 bp | 7.4 bp −$7 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 0.49 bp | 6.3 bp −$6 | 10.8 bp −$108 | 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 | −0.0395% | 8h | 206.25 | +0.063% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0265% | 1h | 205.96 | −0.078% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.15 | +0.013% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.28 | +0.078% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.18 | +0.031% | $402K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.13 | +0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.48 | +0.175% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.40 | +0.136% | $9K | $10K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0024% | 1h | 206.17 | +0.026% | $44K | $384K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 205.98 | −0.068% | — | $108K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Extended CBRS_24_5-USD
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CBRSUSDT | +0.0025% | 8h | 206.22 | +0.049% | $10.1M | $30.6M | 25x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 205.87 | −0.121% | $92K | $928K | 10x | |
| BloFin CBRS-USDT | +0.0042% | 8h | 206.20 | +0.039% | $147K | $72K | 20x | as long as short |
| QFEX CBRS-USDlong | +0.0050% | 1h | 206.12 | long leg | $1.2M | $3.1M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.97 | −0.073% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.19 | +0.034% | $334K | $717K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0084% | 8h | 206.22 | +0.050% | $524 | $218K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.11 | −0.005% | $114K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.03 | −0.044% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.00 | −0.058% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.01 | −0.055% | $239 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0124% | 4h | 206.19 | +0.035% | $23K | $220K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0165% | 8h | 206.14 | +0.010% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0388% | 8h | 206.30 | +0.087% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.013% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1402% | 1h | 206.20 | +0.039% | $12K | $5K | 10x | as long as short |
Binance CBRSUSDT
BloFin CBRS-USDT
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL