Funding you earn now, next payment 11:00 UTC+0.0014%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Lighter against Vest−0.341%46s7-day average −0.411% · 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)−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.476%+$48 · spread now −0.341%, 7d avg −0.411%
=Together, before fees+0.473%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board+$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Lighter is 0.070% dearer against Vest than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.411%. 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 | Vest CBRS-USD-PERP | 208.30 | 0.0018 | pay 0.0002% / 1h | 6m 46s | — | $106K | 10x |
| Short | Lighter CBRS | 207.59 | 0.0032 | get 0.0004% / 1h | 6m 46s | $90K | $1.2M | 10x |
Vest CBRS-USD-PERP
Lighter CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- $2.91
- Price spread: −0.341% → −0.411%
- $7
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $7.91
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Vest: 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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 2 min ago | 0.72 bp | 9.6 bp −$10 | 12.4 bp −$124 | doesn't fit | doesn't fit |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0257% | 1h | 207.55 | −0.360% | $42.6M | $4.1M | 10x | as long as short |
| Phoenix CBRS | −0.0116% | 1h | 207.65 | −0.312% | $1K | $109K | 10x | as long as short |
| QFEX CBRS-USD | −0.0009% | 1h | 207.70 | −0.288% | $1.1M | $2.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.80 | −0.239% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.81 | −0.235% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.78 | −0.250% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.70 | −0.288% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.99 | −0.149% | $1K | $2.4M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 207.63 | −0.322% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.78 | −0.250% | $9K | $10K | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERPlong | +0.0018% | 1h | 208.30 | long leg | — | $106K | 10x | |
| Lighter CBRSshort | +0.0032% | 1h | 207.59 | −0.341% | $90K | $1.2M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 207.69 | −0.293% | $328K | $738K | 10x | as long as short |
| Variational Omni CBRS | +0.0053% | 8h | 207.66 | −0.308% | $399K | $99K | — | as long as short |
| Binance CBRSUSDT | +0.0086% | 8h | 207.71 | −0.283% | $10.2M | $33.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 207.47 | −0.398% | $45K | $379K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0090% | 8h | 207.77 | −0.254% | $150K | $75K | 20x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.67 | −0.302% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.58 | −0.346% | $113K | $312K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.62 | −0.326% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.66 | −0.307% | $241 | — | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0157% | 1h | 207.90 | −0.192% | $244K | $667K | 10x | as long as short |
| Gate CBRS_USDT | +0.0190% | 8h | 207.80 | −0.240% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +0.946% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0442% | 8h | 207.74 | −0.270% | $688 | $236K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0950% | 4h | 207.65 | −0.312% | $23K | $221K | 10x | as long as short |
Ondo Perps CBRS-USD.P
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Polymarket Perps CBRS-USD
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC