Funding you earn now, next payment 23:00 UTC+0.0389%/8h= +42.6% APRpaid last 24h −0.030%
Price spread now: Variational Omni against Coinbase International+0.446%7-day average +0.079% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.120%−$12 on $10k
+Price spread, last 3 days (all we have)−0.397%−$40 · spread now +0.446%, 7d avg +0.079%
=Together, before fees−0.516%+ Points / potential airdropVariational Omni: Active · farm board−$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Variational Omni is 0.366% dearer against Coinbase International than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.079%. Mind the row above: over the last 3 days funding on this pair cost −0.120%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.120% in total (about -13.2% 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 | Coinbase International CBRS-PERP-INTX | 208.44 | 0.0016 | pay 0.0002% / 1h | 44m 51s | $114K | $114K | 10x |
| Short | Variational Omni CBRS | 209.37 | 0.0405 | get 0.0405% / 8h | 44m 51s | $423K | $321K | — |
Coinbase International CBRS-PERP-INTX
Variational Omni CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- $81.64
- Price spread: +0.446% → +0.079%
- $36.63
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $108.26
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 33 min ago; Variational Omni: RFQ quote, 34 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 Coinbase International live order book, 33 min ago | 5.26 bp | 11.2 bp −$11 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 34 min ago | 2.98 bp | doesn't fit | 40.0 bp −$400 | 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 | 209.19 | +0.359% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.40 | +0.461% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | +0.465% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.50 | +0.509% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.31 | +0.417% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.36 | +0.441% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.571% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.47 | +0.494% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTXlong | +0.0016% | 1h | 208.44 | long leg | $114K | $114K | 10x | |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | +0.245% | — | $94K | 10x | as long as short |
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.33 | +0.427% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.13 | +0.331% | $42.8M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.24 | +0.384% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.37 | +0.446% | $347K | $913K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0084% | 1h | 209.40 | +0.461% | $12K | $4K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.13 | +0.331% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.08 | +0.307% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.36 | +0.441% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.43 | +0.473% | $243 | — | 10x | as long as short |
| Lighter CBRS | +0.0216% | 1h | 209.44 | +0.480% | $93K | $861K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0318% | 4h | 209.37 | +0.445% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRSshort | +0.0405% | 8h | 209.37 | +0.446% | $423K | $321K | — | |
| Extended CBRS_24_5-USD | +0.0440% | 1h | 209.30 | +0.414% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0445% | 8h | 209.26 | +0.392% | $10.3M | $30.0M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0464% | 8h | 209.39 | +0.456% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0548% | 8h | 209.42 | +0.470% | $477 | $227K | 10x | as long as short |
QFEX CBRS-USD
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Deribit CBRS_USDC-PERPETUAL
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Lighter CBRS
edgeX CBRSUSDC
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp