Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRnext payment +$0.04 per $10,000 · paid last 24h −0.078%
Price spread now: Lighter against Deribit−0.005%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 209.72 | 0 | get 0.0000% / 1h | 32m 13s | $12K | $5K | 10x |
| Short | Lighter CBRS | 209.71 | 0.0032 | get 0.0004% / 1h | 32m 13s | $91K | $845K | 10x |
Deribit CBRS_USDC-PERPETUAL
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Deribit. 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
- $6.72
- Price spread: −0.005% → 0.000%
- −$0.48
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.76
- Costs to cover
- 0.070%
- Break-even
- 7.8 days
Slippage unknown: Deribit: no order-book sample; Lighter: live order book, 38 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 38 min ago | 0.72 bp | 6.0 bp −$6 | 7.1 bp −$71 | doesn't fit | doesn't fit |
Deribit: 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 | −0.0973% | 4h | 209.85 | +0.064% | $24K | $222K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.82 | +0.049% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.85 | +0.062% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.87 | +0.072% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.80 | +0.038% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.86 | +0.067% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.92 | +0.095% | $227 | $213K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.87 | +0.072% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | 0.0000% | 1h | 209.72 | long leg | $12K | $5K | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 209.72 | 0.000% | $9K | $6K | 20x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0015% | 1h | 209.58 | −0.067% | $42.9M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.610% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0029% | 1h | 209.33 | −0.186% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.59 | −0.062% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRSshort | +0.0032% | 1h | 209.71 | −0.005% | $91K | $845K | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 210.00 | +0.134% | $1K | $111K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.57 | −0.072% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.78 | +0.029% | $348K | $924K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.86 | +0.067% | $145K | $89K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.14 | +0.200% | $25K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.83 | +0.052% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.83 | +0.053% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0451% | 8h | 209.81 | +0.044% | $425K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0464% | 1h | 209.81 | +0.041% | $40K | $293K | 10x | as long as short |
| Binance CBRSUSDT | +0.0466% | 8h | 209.85 | +0.062% | $10.3M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0495% | 8h | 209.76 | +0.019% | $147K | $71K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT