Funding you earn now, next payment 09:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.020%
Price spread now: Lighter against Orderly−0.205%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Lighter is 0.205% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CBRS_USDC_mythos | 204.84 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $810 | $2K | 10x |
| Short | Lighter CBRS | 204.42 | −0.0240 | pay 0.0030% / 1h | 33m 30s | $91K | $1.1M | 10x |
Orderly PERP_CBRS_USDC_mythos
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- −$71.36
- Price spread: −0.205% → 0.000%
- −$20.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$97.87
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 2 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 6.11 bp | 6.1 bp −$6 | 6.7 bp −$67 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0733% | 8h | 204.91 | +0.033% | $775 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0304% | 8h | 204.74 | −0.049% | $2.4M | $2.5M | 20x | as long as short |
| Lighter CBRSshort | −0.0240% | 1h | 204.42 | −0.205% | $91K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | −0.0210% | 1h | 204.58 | −0.127% | $333K | $707K | 10x | as long as short |
| Bybit CBRSUSDT | −0.0087% | 8h | 204.76 | −0.039% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 204.55 | −0.142% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0008% | 8h | 204.86 | +0.010% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.50 | −0.165% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 204.68 | −0.080% | $44K | $382K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 204.70 | −0.068% | $10.1M | $31.2M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Ondo Perps CBRS-USD.P
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.80 | −0.020% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 204.80 | −0.020% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 204.85 | +0.003% | $392K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 204.94 | +0.049% | $1K | $2.7M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 205.01 | +0.083% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.10 | +0.127% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 204.86 | +0.010% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.79 | −0.024% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.50 | −0.166% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 204.96 | +0.059% | $50K | $472K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0071% | 4h | 204.86 | +0.008% | $23K | $221K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythoslong | +0.0100% | 8h | 204.84 | long leg | $810 | $2K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 204.78 | −0.029% | $113K | $148K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.22 | +0.186% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.83 | −0.006% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.651% | $115K | $108K | 10x | as long as short |
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX