Funding you earn now, next payment 08:00 UTC−0.0277%/8h= −30.3% APRnext payment −$2.77 per $10,000 · paid last 24h +0.034%
Price spread now: Variational Omni against Gate−0.115%7-day average −0.009% · 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)+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now −0.115%, 7d avg −0.009%
=Together, before fees+0.088%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Variational Omni is 0.106% cheaper against Gate than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.035% in total (about 3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 per $10,000. 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 | Gate CBRS_USDT | 206.80 | 0.0342 | pay 0.0342% / 8h | 3h 09m | $2.8M | $3.0M | 50x |
| Short | Variational Omni CBRS | 206.56 | 0.0065 | get 0.0065% / 8h | 3h 09m | $417K | $81K | — |
Gate CBRS_USDT
Variational Omni CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$58.12
- Price spread: −0.115% → −0.009%
- −$10.62
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$83.74
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 4 min ago; Variational Omni: RFQ quote, 45 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 Gate live order book, 4 min ago | 4.83 bp | 19.1 bp −$19 | 39.2 bp −$392 | 55.8 bp −$5,582 | doesn't fit |
| Sell Variational Omni RFQ quote, 45 min ago | 2.58 bp | doesn't fit | 39.6 bp −$396 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0412% | 4h | 207.29 | +0.235% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0354% | 1h | 206.30 | −0.242% | $42.2M | $3.8M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0115% | 8h | 206.64 | −0.077% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.68 | −0.056% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.60 | −0.097% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.04 | +0.116% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.24 | +0.213% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.36 | −0.213% | — | $101K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.53 | −0.131% | $89K | $870K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 207.01 | +0.102% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.36 | −0.213% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0055% | 1h | 206.51 | −0.140% | $336K | $716K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 206.49 | −0.150% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRSshort | +0.0065% | 8h | 206.56 | −0.115% | $417K | $81K | — | |
| GRVT CBRS_USDT_Perp | +0.0085% | 8h | 207.33 | +0.256% | $1K | $212K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.77 | −0.015% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.99 | +0.092% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.57 | −0.111% | $817 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.52 | −0.134% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0133% | 8h | 206.61 | −0.092% | $10.0M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.64 | −0.079% | $44K | $275K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0161% | 8h | 206.65 | −0.073% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.678% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0337% | 8h | 206.61 | −0.092% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0342% | 8h | 206.80 | long leg | $2.8M | $3.0M | 50x | |
| Deribit CBRS_USDC-PERPETUAL | +0.0525% | 1h | 206.59 | −0.102% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Deribit CBRS_USDC-PERPETUAL