CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.28 per $10,000 · paid last 24h −0.037%

Price spread now: Orderly against Variational Omni−0.102%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 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. Orderly is 0.102% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 12 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CBRS	205.74	0.0072	pay 0.0072% / 8h	1h 32m	$401K	$103K	—
Short	Orderly PERP_CBRS_USDC_mythos	205.53	0.0100	get 0.0100% / 8h	1h 32m	$813	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 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 Variational OmnibpFee OrderlybpOrdersPrice spread, now −0.102%Rate

Funding earned: $5.93
Price spread: −0.102% → 0.000%: −$10.16
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$10.23
Costs to cover: 0.060%
Break-even: 19.1 days

Slippage unknown: Variational Omni: RFQ quote, 11 min ago; Orderly: no order-book sample. 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, 11 min ago	2.58 bp	doesn't fit	54.5 bp −$545	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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
Bitget CBRSUSDT	−0.0643%	8h	205.83	+0.044%	$2.4M	$2.5M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0211%	1h	205.50	−0.116%	$42.0M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	205.62	−0.057%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	205.99	+0.122%	$2.2M	$3.4M	25x	as long as short
SunX CBRS-USDT	0.0000%	8h	206.09	+0.171%	$1K	$2.8M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	205.93	+0.093%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0019%	1h	205.45	−0.140%	—	$106K	10x	as long as short
Lighter CBRS	+0.0032%	1h	205.56	−0.087%	$89K	$890K	10x	as long as short
Phoenix CBRS	+0.0039%	1h	205.60	−0.068%	$1K	$108K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	205.50	−0.116%	$50K	$1.1M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps CBRS-USD.P	+0.0050%	1h	205.71	−0.014%	$335K	$717K	10x	as long as short
Variational Omni CBRSlong	+0.0072%	8h	205.74	long leg	$401K	$103K	—
QFEX CBRS-USD	+0.0080%	1h	205.72	−0.009%	$1.1M	$3.0M	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	205.61	−0.063%	$113K	$109K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	205.87	+0.064%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythosshort	+0.0100%	8h	205.53	−0.102%	$813	$1K	10x
Aevo CBRS-PERP	+0.0104%	1h	205.59	−0.075%	$238	—	10x	as long as short
BloFin CBRS-USDT	+0.0107%	8h	205.79	+0.025%	$147K	$70K	20x	as long as short
Extended CBRS_24_5-USD	+0.0120%	1h	205.77	+0.015%	$46K	$391K	10x	as long as short
Binance CBRSUSDT	+0.0125%	8h	205.78	+0.020%	$10.1M	$30.4M	25x	as long as short
GRVT CBRS_USDT_Perp	+0.0191%	8h	205.84	+0.047%	$943	$217K	10x	as long as short
edgeX CBRSUSDC	+0.0255%	4h	205.82	+0.042%	$23K	$221K	10x	as long as short
Bybit CBRSUSDT	+0.0327%	8h	205.75	+0.005%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0371%	8h	205.90	+0.078%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0600%	1h	210.27	+2.202%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.1405%	1h	205.77	+0.015%	$12K	$5K	10x	as long as short