Funding you earn now, next payment 00:00 UTC+0.0237%/8h= +25.9% APRpaid last 24h +0.020%
Price spread now: Variational Omni against Lighter−0.015%7-day average +0.079% · 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 3 days (all we have)+0.038%+$4 · spread now −0.015%, 7d avg +0.079%
=Together, before fees+0.041%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.094% cheaper against Lighter than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.079%). If the spread goes back, that is −$9 on $10k: about 32 hours of funding at the current rate (+$7 a day). At the pace of the last 3 days (+0.002% in total) that is about 5 months.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.002% in total (about 0.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CBRS | 209.40 | 0.0168 | pay 0.0021% / 1h | 40m 55s | $90K | $867K | 10x |
| Short | Variational Omni CBRS | 209.37 | 0.0405 | get 0.0405% / 8h | 40m 55s | $423K | $321K | — |
Lighter CBRS
Variational Omni CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $49.72
- Price spread: −0.015% → +0.079%
- −$9.37
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $40.35
- Costs to cover
- 0.000%
- Break-even
- 1.3 days
Slippage unknown: Lighter: live order book, 34 min ago; Variational Omni: RFQ quote, 38 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 Lighter live order book, 34 min ago | 0.48 bp | 6.7 bp −$7 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 38 min ago | 2.98 bp | doesn't fit | 40.0 bp −$400 | 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 | 209.27 | −0.064% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.47 | +0.033% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.37 | −0.014% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.36 | −0.019% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.36 | −0.019% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.61 | +0.100% | $994 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.019% | $9K | $6K | 20x | as long as short |
| Gate CBRS_USDT | +0.0004% | 8h | 209.50 | +0.048% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.458% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.98 | −0.201% | — | $94K | 10x | as long as short |
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.30 | −0.048% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0022% | 1h | 209.19 | −0.100% | $42.9M | $3.6M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0037% | 1h | 209.38 | −0.010% | $12K | $4K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.22 | −0.086% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.25 | −0.072% | $347K | $913K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.17 | −0.110% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.07 | −0.158% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.36 | −0.019% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.32 | −0.038% | $243 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0120% | 4h | 209.37 | −0.016% | $24K | $222K | 10x | as long as short |
| Lighter CBRSlong | +0.0168% | 1h | 209.40 | long leg | $90K | $867K | 10x | |
| Variational Omni CBRSshort | +0.0405% | 8h | 209.37 | −0.015% | $423K | $321K | — | |
| Extended CBRS_24_5-USD | +0.0456% | 1h | 209.32 | −0.037% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0458% | 8h | 209.37 | −0.014% | $10.3M | $30.0M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0458% | 8h | 209.45 | +0.024% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0565% | 8h | 209.40 | 0.000% | $599 | $224K | 10x | as long as short |
QFEX CBRS-USD
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp