Funding you earn now, next payment 20:00 UTC+0.0006%/8hnext payment +$0.01 per $10,000 · paid last 24h +0.090%
Price spread now: Deribit against Lighter+0.058%7-day average — · 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)—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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.058% dearer against Lighter than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 208.45 | 0.0032 | pay 0.0004% / 1h | 22m 11s | $88K | $839K | 10x |
| Short | Deribit CBRS_USDC-PERPETUAL | 208.57 | 0.0038 | get 0.0005% / 1h | 22m 11s | $12K | $51K | 10x |
Lighter CBRS
Deribit CBRS_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $1.21
- Price spread: +0.058% → 0.000%
- $5.76
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$0.03
- Costs to cover
- 0.070%
- Break-even
- 7.2 days
Slippage unknown: Lighter: live order book, 7 min ago; Deribit: 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, 7 min ago | 0.72 bp | 7.8 bp −$8 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0216% | 1h | 208.33 | −0.058% | $42.9M | $3.3M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.67 | +0.106% | $1K | $110K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0019% | 8h | 208.70 | +0.120% | $149K | $68K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.51 | +0.028% | $65K | $147K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 208.52 | +0.032% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 208.49 | +0.019% | $10.3M | $29.3M | 25x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.54 | +0.043% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.39 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.60 | +0.072% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.46 | +0.005% | $2.4M | $2.8M | 20x | as long as short |
tradeXYZ xyz:CBRS
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | 0.0000% | 8h | 208.73 | +0.136% | $419K | $337K | — | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.34 | +0.427% | $327 | $238K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.86 | +0.197% | $1K | $3.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.67 | +0.106% | $9K | $6K | 20x | as long as short |
| QFEX CBRS-USD | +0.0010% | 1h | 208.60 | +0.072% | $1.1M | $2.7M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0025% | 1h | 208.39 | −0.029% | — | $89K | 10x | as long as short |
| Lighter CBRSlong | +0.0032% | 1h | 208.45 | long leg | $88K | $839K | 10x | |
| Deribit CBRS_USDC-PERPETUALshort | +0.0038% | 1h | 208.57 | +0.058% | $12K | $51K | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.37 | −0.038% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.64 | +0.091% | $335K | $887K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.49 | +0.019% | $142K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.25 | +0.384% | $25K | $135K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.52 | +0.034% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.50 | +0.024% | $242 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0144% | 1h | 208.28 | −0.082% | $111K | $102K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0350% | 4h | 209.13 | +0.326% | $24K | $219K | 10x | as long as short |
Variational Omni CBRS
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC