Funding you earn now, next payment 09:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.010%
Price spread now: Lighter against SunX−0.073%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
Funding, last 7 days+0.065%+$7 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.073%, 7d avg −0.187%
=Together, before fees+0.083%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.114% dearer against SunX than usual: you sell high and buy low (spread −0.073% now, against its 7-day average of −0.187%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.065%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CBRS-USDT | 206.03 | 0 | get 0.0000% / 8h | 7h 17m | $1K | $2.7M | 10x |
| Short | Lighter CBRS | 205.88 | −0.0080 | pay 0.0010% / 1h | 17m 17s | $92K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$16.8
- Price spread: −0.073% → −0.187%
- $11.42
- Slippage, 4 orders
- −$129.55
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$142.93
- Costs to cover
- 1.376%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; Lighter: live order book, 8 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 SunX live order book, 10 min ago | 17.69 bp | 58.9 bp −$59 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.49 bp | 5.9 bp −$6 | 9.5 bp −$95 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0624% | 1h | 205.87 | −0.078% | $12K | $5K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0243% | 8h | 205.95 | −0.039% | $2.4M | $2.6M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | −0.0242% | 8h | 205.26 | −0.373% | $805 | $217K | 10x | as long as short |
| Lighter CBRSshort | −0.0080% | 1h | 205.88 | −0.073% | $92K | $1.1M | 10x | |
| Phoenix CBRS | −0.0039% | 1h | 205.79 | −0.116% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0014% | 8h | 205.77 | −0.126% | $148K | $72K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.79 | −0.117% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.77 | −0.127% | $46K | $383K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.80 | −0.112% | $10.2M | $31.9M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 205.97 | −0.029% | $2.1M | $2.1M | 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 | 205.91 | −0.058% | $2.2M | $3.5M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 205.90 | −0.063% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.30 | −0.354% | $394K | $101K | — | as long as short |
| SunX CBRS-USDTlong | 0.0000% | 8h | 206.03 | long leg | $1K | $2.7M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 205.76 | −0.131% | $9K | $10K | 20x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0002% | 1h | 205.79 | −0.116% | $332K | $719K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0016% | 1h | 205.89 | −0.068% | $42.2M | $4.0M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 205.42 | −0.296% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.80 | −0.112% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.07 | +0.019% | $51K | $471K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.74 | −0.141% | $814 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.89 | −0.068% | $113K | $165K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.34 | −0.335% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.74 | −0.139% | $239 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.058% | $115K | $108K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0923% | 4h | 205.28 | −0.365% | $23K | $221K | 10x | as long as short |
SunX CBRS-USDT
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
HTX CBRS-USDT
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC