Funding you earn now, next payment 00:00 UTC+0.0189%/8h= +20.7% APRnext payment +$1.89 per $10,000 · paid last 24h −0.011%
Price spread now: GRVT against Variational Omni−0.027%59s7-day average +0.005% · 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)−0.011%−$1 on $10k
+Price spread, last 3 days (all we have)+0.087%+$9 · spread now −0.027%, 7d avg +0.005%
=Together, before fees+0.076%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.005%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day). The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.011% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 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 | 208.60 | 0 | get 0.0000% / 8h | 2h 24m | $421K | $321K | — |
| Short | GRVT CBRS_USDT_Perp | 208.54 | 0.0189 | get 0.0189% / 8h | 2h 24m | $907 | $242K | 10x |
Variational Omni CBRS
GRVT CBRS_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $39.69
- Price spread: −0.027% → +0.005%
- −$3.2
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $27.49
- Costs to cover
- 0.090%
- Break-even
- 2.2 days
Slippage unknown: Variational Omni: RFQ quote, 64 min ago; GRVT: live order book, 63 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, 64 min ago | 2.95 bp | doesn't fit | 52.1 bp −$521 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 63 min ago | 1.68 bp | 24.1 bp −$24 | 34.8 bp −$348 | 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 | −0.0361% | 4h | 208.57 | −0.012% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0086% | 1h | 208.32 | −0.133% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.45 | −0.071% | $1K | $112K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.37 | −0.107% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.59 | −0.004% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.51 | −0.042% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.60 | +0.001% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.52 | −0.037% | $2.4M | $2.9M | 20x | as long as short |
| Variational Omni CBRSlong | 0.0000% | 8h | 208.60 | long leg | $421K | $321K | — | |
| SunX CBRS-USDT | 0.0000% | 8h | 208.75 | +0.073% | $1K | $3.4M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.54 | −0.028% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.67 | +0.035% | $9K | $6K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0008% | 1h | 208.49 | −0.051% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0010% | 8h | 208.52 | −0.037% | $10.2M | $30.3M | 25x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 208.55 | −0.023% | $1.1M | $3.2M | 10x | as long as short |
| BloFin CBRS-USDT | +0.0021% | 8h | 208.48 | −0.056% | $146K | $70K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 208.15 | −0.215% | — | $89K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.44 | −0.076% | $90K | $932K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.36 | −0.114% | $24K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.51 | −0.042% | $329K | $883K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0072% | 1h | 208.24 | −0.171% | $113K | $113K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.31 | −0.138% | $142K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.22 | −0.181% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.53 | −0.032% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.51 | −0.040% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perpshort | +0.0189% | 8h | 208.54 | −0.027% | $907 | $242K | 10x |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
QFEX CBRS-USD
BloFin CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP