Funding you earn now, next payment 08:00 UTC+0.0218%/8h= +23.9% APRnext payment +$2.18 per $10,000 · paid last 24h −0.066%
Price spread now: Bybit against Variational Omni+0.132%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.132%, 7d avg −0.001%
=Together, before fees−0.123%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bybit is 0.133% dearer against Variational Omni than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.001%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.038% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.18 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 | Variational Omni CBRS | 205.81 | 0.0078 | pay 0.0078% / 8h | 2h 19m | $400K | $84K | — |
| Short | Bybit CBRSUSDT | 206.08 | 0.0296 | get 0.0296% / 8h | 2h 19m | $2.0M | $2.0M | 25x |
Variational Omni CBRS
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $45.75
- Price spread: +0.132% → −0.001%
- $13.32
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $48.07
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Bybit: live order book, 2 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 Variational Omni RFQ quote, 29 min ago | 3.76 bp | doesn't fit | 44.3 bp −$443 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.67 bp | 17.7 bp −$18 | 135.9 bp −$1,359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0686% | 8h | 206.13 | +0.156% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0198% | 1h | 205.75 | −0.029% | $42.1M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.10 | +0.140% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.07 | +0.127% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.11 | −0.340% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.15 | +0.166% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.88 | +0.035% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 205.52 | −0.140% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.87 | +0.030% | $1.1M | $3.1M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.64 | −0.082% | $90K | $881K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | +0.0036% | 4h | 205.49 | −0.156% | $23K | $220K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.68 | −0.063% | $50K | $1.1M | 10x | as long as short |
| Variational Omni CBRSlong | +0.0078% | 8h | 205.81 | long leg | $400K | $84K | — | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.91 | +0.049% | $115K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.20 | −0.296% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.91 | +0.049% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.88 | +0.034% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0127% | 8h | 205.83 | +0.010% | $147K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0141% | 8h | 205.94 | +0.062% | $10.0M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 205.88 | +0.036% | $44K | $389K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0164% | 8h | 205.47 | −0.165% | $544 | $212K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0175% | 1h | 205.78 | −0.014% | $334K | $715K | 10x | as long as short |
| Bybit CBRSUSDTshort | +0.0296% | 8h | 206.08 | +0.132% | $2.0M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0336% | 8h | 206.00 | +0.093% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.168% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1306% | 1h | 205.93 | +0.059% | $12K | $5K | 10x | as long as short |
edgeX CBRSUSDC
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL