CBRS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Variational OmniCBRS	185.52	0	0.0000% / 8h	3h 00m	$386K	$375K	20x	Long Variational Omni+15% pts
SHORT	AvantisCBRS/USD	184.40	L −0.0079S +0.0115	pay 0.0014% / 1h	0m 47s	$101K	—	10x	Short Avantis

Price gap−0.605%

Funding gap−0.0115% /8h

Both sides work against this direction now: funding costs $3 a day on $10k and the gap is 0.480% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$22−0.0115% /8h now · paid −0.222% over the last 7D

Price−$48spread −0.605% now, avg −0.125% → −0.480% if it goes back

Costsno datano order book for Avantis

Result, before costs−$70−0.70%+ Points / potential airdropVariational Omni: points · Avantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now−0.605%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CBRS on 28 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$500 + $1,000
Variational Omni 20x, Avantis 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$3.45Long Variational Omni: 3 payments, $0.00; short Avantis: 24 payments, −$3.45.
Watch: Gap narrower than usual−0.605% vs −0.125%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$101K vs $386K OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legVariational Omni points · Avantis Season 3
Volume here counts toward the points program.
OK: No KYC on either legVariational Omni No · Avantis No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0106%/8h × 21 periods−$22.18

Price spread−0.605% → −0.125% (7d avg)−$47.98

Slippage, 4 ordersno data for Avantis—

Fee Variational Omni bp × 2 orders$0.00

Fee Avantis bp × 2 orders−$9.00

Net, fees only · 7 days · $10k−$79.17

Costs to cover0.090%Break-evennever at this rate

Slippage: Variational Omni: RFQ quote, 7 min ago; Avantis: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGVariational Omni3.1223.7 bp−$2441.9 bp−$419doesn’t fitdoesn’t fit

SELL · SHORTAvantis—————

Closing costs about the same again.
Avantis: no data.

CBRS news

posts that mention CBRS, from every exchangeSearch all news →

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