Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.35 per $10,000 · paid last 24h −0.009%
Price spread now: Variational Omni against Binance−0.092%7-day average −0.003% · 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)−0.010%−$1 on $10k
+Price spread, last 2 days (all we have)+0.080%+$8 · spread now −0.092%, 7d avg −0.003%
=Together, before fees+0.071%+ Points / potential airdropVariational Omni: Active · farm board+$7 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 Variational Omni is 0.090% cheaper against Binance than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.003%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 210.08 | 0.0442 | pay 0.0442% / 8h | 7h 04m | $10.3M | $29.7M | 25x |
| Short | Variational Omni CBRS | 209.88 | 0.0406 | get 0.0406% / 8h | 7h 04m | $424K | $321K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Binance. 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
- −$7.44
- Price spread: −0.092% → −0.003%
- −$8.97
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.42
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; Variational Omni: RFQ quote, 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 Binance live order book, 7 min ago | 1.19 bp | 12.6 bp −$13 | 28.1 bp −$281 | 149.6 bp −$15.0K | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 2.19 bp | doesn't fit | 43.5 bp −$435 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.99 | −0.039% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.22 | +0.069% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.12 | +0.021% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.01 | −0.032% | $1K | $211K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.17 | +0.045% | $1K | $3.2M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.13 | +0.026% | $9K | $9K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.778% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.65 | −0.202% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 210.05 | −0.012% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.98 | −0.045% | $91K | $869K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.79 | −0.136% | $1K | $111K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.91 | −0.079% | $43.0M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.98 | −0.045% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 210.09 | +0.007% | $342K | $925K | 10x | as long as short |
| Gate CBRS_USDT | +0.0065% | 8h | 210.20 | +0.059% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.02 | −0.026% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.16 | +0.040% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.02 | −0.026% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.94 | −0.064% | $244 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0200% | 8h | 210.11 | +0.017% | $2.0M | $1.9M | 25x | as long as short |
| Variational Omni CBRSshort | +0.0406% | 8h | 209.88 | −0.092% | $424K | $321K | — | |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 210.05 | −0.011% | $46K | $270K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0442% | 8h | 210.08 | long leg | $10.3M | $29.7M | 25x | |
| BloFin CBRS-USDT | +0.0467% | 8h | 209.96 | −0.055% | $147K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0608% | 1h | 209.89 | −0.088% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0807% | 4h | 209.97 | −0.049% | $24K | $221K | 10x | as long as short |
Binance CBRSUSDT
Variational Omni CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Lighter CBRS
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC