Funding you earn now, next payment 00:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.020%
Price spread now: Lighter against Variational Omni+0.077%7-day average −0.079% · you sell dearer than you buy
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 3 days (all we have)−0.101%−$10 · spread now +0.077%, 7d avg −0.079%
=Together, before fees−0.103%+ Points / potential airdropVariational Omni: Active · Lighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.156% dearer against Variational Omni than usual: you sell high and buy low (spread +0.077% now, against its 7-day average of −0.079%): +$16 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.9 days. At the pace of the last 3 days (−0.002% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CBRS | 209.38 | 0.0381 | pay 0.0381% / 8h | 46m 43s | $423K | $321K | — |
| Short | Lighter CBRS | 209.54 | 0.0248 | get 0.0031% / 1h | 46m 43s | $93K | $861K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- −$27.94
- Price spread: +0.077% → −0.079%
- $15.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.37
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 32 min ago; Lighter: live order book, 28 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 Variational Omni RFQ quote, 32 min ago | 2.98 bp | doesn't fit | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 28 min ago | 0.48 bp | 4.7 bp −$5 | 10.7 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.29 | −0.041% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.52 | +0.067% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.54 | +0.077% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.50 | +0.058% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | +0.034% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.23 | −0.071% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.66 | +0.134% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.49 | +0.053% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.448% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | −0.205% | — | $94K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.34 | −0.019% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.27 | −0.052% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.28 | −0.047% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.37 | −0.004% | $346K | $913K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.17 | −0.100% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.00 | −0.181% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.38 | +0.001% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.50 | +0.056% | $243 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0228% | 1h | 209.43 | +0.024% | $12K | $4K | 10x | as long as short |
| Lighter CBRSshort | +0.0248% | 1h | 209.54 | +0.077% | $93K | $861K | 10x | |
| edgeX CBRSUSDC | +0.0318% | 4h | 209.37 | −0.005% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRSlong | +0.0381% | 8h | 209.38 | long leg | $423K | $321K | — | |
| BloFin CBRS-USDT | +0.0430% | 8h | 209.38 | +0.001% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0432% | 1h | 209.36 | −0.008% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0438% | 8h | 209.42 | +0.022% | $10.3M | $30.0M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0548% | 8h | 209.42 | +0.020% | $477 | $227K | 10x | as long as short |
Variational Omni CBRS
Lighter CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp