Funding you earn now, next payment 07:00 UTC−0.0015%/8h= −1.6% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Vest against Lighter−0.005%46s7-day average +0.417% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.005%, 7d avg +0.417%
=Together, before fees−0.058%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Vest is 0.422% cheaper against Lighter than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of +0.417%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 205.47 | 0.0032 | pay 0.0004% / 1h | 45m 48s | $89K | $879K | 10x |
| Short | Vest CBRS-USD-PERP | 205.46 | 0.0017 | get 0.0002% / 1h | 45m 48s | — | $107K | 10x |
Lighter CBRS
Vest CBRS-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$3.11
- Price spread: −0.005% → +0.417%
- −$42.19
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$47.3
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 59 min ago; Vest: no order-book sample. 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 Lighter live order book, 59 min ago | 0.73 bp | 7.1 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0564% | 8h | 205.75 | +0.136% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0065% | 1h | 205.48 | +0.005% | $42.0M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.81 | +0.166% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.69 | +0.107% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.94 | +0.229% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.12 | +0.316% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERPshort | +0.0017% | 1h | 205.46 | −0.005% | — | $107K | 10x | |
| Lighter CBRSlong | +0.0032% | 1h | 205.47 | long leg | $89K | $879K | 10x | |
| Phoenix CBRS | +0.0039% | 1h | 205.96 | +0.238% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.54 | +0.034% | $50K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Phoenix CBRS
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.67 | +0.097% | $335K | $716K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.73 | +0.127% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0095% | 8h | 206.03 | +0.271% | $416K | $92K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.62 | +0.073% | $114K | $110K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.88 | +0.200% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.54 | +0.034% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.58 | +0.056% | $238 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0127% | 8h | 205.66 | +0.092% | $147K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 205.62 | +0.075% | $44K | $389K | 10x | as long as short |
| Binance CBRSUSDT | +0.0146% | 8h | 205.67 | +0.097% | $10.1M | $30.5M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0212% | 8h | 206.14 | +0.326% | $959 | $216K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0351% | 8h | 205.62 | +0.073% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0372% | 8h | 205.90 | +0.209% | $2.9M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0480% | 1h | 205.64 | +0.083% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.336% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0704% | 4h | 206.02 | +0.266% | $23K | $221K | 10x | as long as short |
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC