Funding you earn now, next payment 00:00 UTC−0.0400%/8h= −43.8% APRpaid last 24h −0.031%
Price spread now: QFEX against Variational Omni−0.050%7-day average +0.016% · 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)−0.030%−$3 on $10k
+Price spread, last 3 days (all we have)+0.126%+$13 · spread now −0.050%, 7d avg +0.016%
=Together, before fees+0.096%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and QFEX is 0.066% cheaper against Variational Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.030% in total (about -3.3% a year). A funding rate is set anew for every payment. 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 | 209.38 | 0.0420 | pay 0.0420% / 8h | 38m 18s | $423K | $321K | — |
| Short | QFEX CBRS-USD | 209.28 | 0.0021 | get 0.0003% / 1h | 38m 18s | $1.1M | $3.4M | 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
- −$83.91
- Price spread: −0.050% → +0.016%
- −$6.56
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$100.47
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 41 min ago; QFEX: live order book, 5 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, 41 min ago | 2.98 bp | doesn't fit | 43.6 bp −$436 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.91 bp | 8.8 bp −$9 | 16.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0011% | 1h | 209.16 | −0.107% | $42.8M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.25 | −0.065% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.46 | +0.036% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | +0.012% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.35 | −0.016% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.030% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.61 | +0.108% | $1K | $3.3M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.33 | −0.026% | $12K | $4K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.027% | $9K | $6K | 20x | as long as short |
| Gate CBRS_USDT | +0.0008% | 8h | 209.50 | +0.055% | $2.9M | $3.1M | 50x | as long as short |
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Gate CBRS_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | −0.207% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.451% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0021% | 1h | 209.28 | −0.050% | $1.1M | $3.4M | 10x | |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.18 | −0.097% | $48K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.31 | −0.035% | $347K | $914K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.18 | −0.097% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.08 | −0.145% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.33 | −0.026% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.40 | +0.008% | $243 | — | 10x | as long as short |
| Lighter CBRS | +0.0128% | 1h | 209.48 | +0.046% | $90K | $867K | 10x | as long as short |
| Variational Omni CBRSlong | +0.0420% | 8h | 209.38 | long leg | $423K | $321K | — | |
| BloFin CBRS-USDT | +0.0445% | 8h | 209.38 | −0.002% | $146K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0464% | 1h | 209.29 | −0.043% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0466% | 8h | 209.33 | −0.026% | $10.3M | $30.0M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0567% | 8h | 209.42 | +0.017% | $599 | $224K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0883% | 4h | 209.35 | −0.016% | $24K | $221K | 10x | as long as short |
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Lighter CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC