Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.5% APRpaid last 24h −0.057%
Price spread now: QFEX against Variational Omni−0.102%7-day average +0.014% · 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)−0.078%−$8 on $10k
+Price spread, last 4 days (all we have)+0.222%+$22 · spread now −0.102%, 7d avg +0.014%
=Together, before fees+0.144%+ Points / potential airdropVariational Omni: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.115% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CBRS | 209.52 | 0.0105 | pay 0.0105% / 8h | 3h 52m | $422K | $92K | — |
| Short | QFEX CBRS-USD | 209.31 | 0.0063 | get 0.0008% / 1h | 52m 26s | $1.1M | $3.1M | 10x |
Variational Omni CBRS
QFEX CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$8.72
- Price spread: −0.102% → +0.014%
- −$11.53
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$30.25
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; QFEX: live order book, 6 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, 2 min ago | 2.58 bp | doesn't fit | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.67 bp | 7.6 bp −$8 | 16.7 bp −$167 | 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 | −0.0484% | 4h | 209.38 | −0.070% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0410% | 1h | 209.09 | −0.207% | $42.8M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | −0.136% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.42 | −0.049% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | −0.068% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | −0.006% | $419 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.003% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0021% | 8h | 209.57 | +0.021% | $622 | $209K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.05 | −0.226% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.21 | −0.150% | $92K | $832K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.07 | −0.216% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.21 | −0.150% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0063% | 1h | 209.31 | −0.102% | $1.1M | $3.1M | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.32 | −0.097% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.49 | −0.016% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | −0.107% | $828 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.35 | −0.084% | $243 | — | 10x | as long as short |
| Variational Omni CBRSlong | +0.0105% | 8h | 209.52 | long leg | $422K | $92K | — | |
| BloFin CBRS-USDT | +0.0164% | 8h | 209.50 | −0.011% | $148K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 209.33 | −0.091% | $45K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0169% | 8h | 209.40 | −0.058% | $10.2M | $29.4M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0240% | 1h | 209.10 | −0.202% | $340K | $719K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.356% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0388% | 8h | 209.49 | −0.016% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0401% | 8h | 209.50 | −0.011% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1281% | 1h | 209.36 | −0.078% | $12K | $5K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL