Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0277%/8h= +30.3% APRpaid last 24h +0.005%

Price spread now: Variational Omni against Aevo−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Variational Omni

What this pair did over the last

the charts below follow

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 airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.057% cheaper against Aevo than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 16 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo CBRS-PERP	209.50	0.0104	pay 0.0013% / 1h	48m 10s	$243	—	10x
Short	Variational Omni CBRS	209.38	0.0381	get 0.0381% / 8h	48m 10s	$423K	$321K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee Variational OmnibpOrdersPrice spread, now −0.057%Rate

Funding earned: $58.18
Price spread: −0.057% → 0.000%: −$5.67
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $36.51
Costs to cover: 0.160%
Break-even: 2.6 days

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 31 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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 31 min ago	2.98 bp	doesn't fit	40.0 bp −$400	doesn't fit	doesn't fit

Aevo: 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
Aster CBRSUSDT	0.0000%	8h	209.22	−0.131%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.50	+0.001%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.43	−0.032%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	209.50	+0.001%	$2.9M	$3.0M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.47	−0.013%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.23	−0.128%	$1K	$111K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.63	+0.063%	$1K	$3.3M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	209.49	−0.004%	$9K	$6K	20x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0016%	1h	208.44	−0.505%	$114K	$114K	10x	as long as short
Vest CBRS-USD-PERP	+0.0016%	1h	208.95	−0.261%	—	$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	209.33	−0.080%	$1.1M	$3.4M	10x	as long as short
tradeXYZ xyz:CBRS	+0.0050%	1h	209.24	−0.123%	$42.9M	$3.6M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.25	−0.118%	$30K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	209.28	−0.104%	$346K	$913K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.13	−0.176%	$143K	$93K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.00	−0.238%	$24K	$136K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.40	−0.047%	$860	$1K	10x	as long as short
Aevo CBRS-PERPlong	+0.0104%	1h	209.50	long leg	$243	—	10x
Lighter CBRS	+0.0288%	1h	209.55	+0.025%	$93K	$859K	10x	as long as short
edgeX CBRSUSDC	+0.0340%	4h	209.39	−0.053%	$24K	$221K	10x	as long as short
Variational Omni CBRSshort	+0.0381%	8h	209.38	−0.057%	$423K	$321K	—
BloFin CBRS-USDT	+0.0414%	8h	209.40	−0.047%	$146K	$70K	20x	as long as short
Binance CBRSUSDT	+0.0431%	8h	209.41	−0.042%	$10.3M	$30.0M	25x	as long as short
Extended CBRS_24_5-USD	+0.0432%	1h	209.37	−0.060%	$43K	$246K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0542%	8h	209.43	−0.033%	$477	$227K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0562%	1h	209.45	−0.023%	$12K	$4K	10x	as long as short