Funding you earn now, next payment 05:00 UTC−0.0525%/8h= −57.5% APRpaid last 24h −0.100%
Price spread now: tradeXYZ against Variational Omni−0.316%7-day average −0.101% · 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)−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)+0.290%+$29 · spread now −0.316%, 7d avg −0.101%
=Together, before fees+0.138%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and tradeXYZ is 0.214% cheaper against Variational Omni than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.152% in total (about -15.8% 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 | 208.52 | 0.0098 | pay 0.0098% / 8h | 3h 37m | $421K | $88K | — |
| Short | tradeXYZ xyz:CBRS | 207.86 | −0.0427 | pay 0.0053% / 1h | 37m 57s | $42.5M | $3.6M | 10x |
Variational Omni CBRS
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$110.35
- Price spread: −0.316% → −0.101%
- −$21.44
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$149.79
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 16 min ago; tradeXYZ: live order book, 11 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, 16 min ago | 2.58 bp | doesn't fit | 43.3 bp −$433 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.48 bp | 12.0 bp −$12 | doesn't fit | 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 | −0.0436% | 4h | 208.54 | +0.009% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRSshort | −0.0427% | 1h | 207.86 | −0.316% | $42.5M | $3.6M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 208.13 | −0.188% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.30 | −0.105% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.14 | −0.182% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.40 | −0.057% | $919 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.66 | +0.068% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 207.99 | −0.253% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.87 | −0.311% | $89K | $843K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.63 | +0.053% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.96 | −0.268% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.17 | −0.167% | $339K | $721K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 208.14 | −0.182% | $1.1M | $3.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0066% | 8h | 208.59 | +0.034% | $955 | $210K | 10x | as long as short |
| Variational Omni CBRSlong | +0.0098% | 8h | 208.52 | long leg | $421K | $88K | — | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.32 | −0.095% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.82 | +0.145% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.17 | −0.167% | $823 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.18 | −0.165% | $241 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0152% | 1h | 208.07 | −0.214% | $49K | $263K | 10x | as long as short |
| Binance CBRSUSDT | +0.0156% | 8h | 208.13 | −0.186% | $10.1M | $29.6M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0176% | 8h | 208.12 | −0.191% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.840% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0355% | 8h | 208.26 | −0.124% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0387% | 8h | 208.30 | −0.105% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0857% | 1h | 208.08 | −0.210% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL