Funding you earn now, next payment 08:00 UTC−0.0316%/8h= −34.6% APRnext payment −$3.16 per $10,000 · paid last 24h +0.034%
Price spread now: Variational Omni against Gate+0.067%7-day average −0.010% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.035%+$3 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now +0.067%, 7d avg −0.010%
=Together, before fees−0.058%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.077% dearer against Gate than usual: you sell high and buy low (spread +0.067% now, against its 7-day average of −0.010%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.035% in total (about 3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.16 per $10,000. 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 | Gate CBRS_USDT | 206.30 | 0.0391 | pay 0.0391% / 8h | 1h 01m | $2.9M | $3.0M | 50x |
| Short | Variational Omni CBRS | 206.44 | 0.0075 | get 0.0075% / 8h | 1h 01m | $402K | $96K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Gate. 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
- −$66.3
- Price spread: +0.067% → −0.010%
- $7.74
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$73.57
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 43 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 Gate live order book, 1 min ago | 4.84 bp | 29.6 bp −$30 | 52.2 bp −$522 | 65.2 bp −$6,515 | doesn't fit |
| Sell Variational Omni RFQ quote, 43 min ago | 2.58 bp | doesn't fit | 41.5 bp −$415 | 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 | −0.0957% | 4h | 206.27 | −0.013% | $23K | $221K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0532% | 8h | 206.15 | −0.073% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0170% | 1h | 205.85 | −0.218% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.17 | −0.065% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.17 | −0.063% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.44 | +0.068% | $964 | $2.8M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.08 | −0.107% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.73 | −0.276% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.09 | −0.102% | $91K | $909K | 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 | +0.0039% | 1h | 205.80 | −0.242% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.94 | −0.175% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.11 | −0.092% | $335K | $717K | 10x | as long as short |
| Variational Omni CBRSshort | +0.0075% | 8h | 206.44 | +0.067% | $402K | $96K | — | |
| QFEX CBRS-USD | +0.0080% | 1h | 206.04 | −0.126% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.02 | −0.136% | $113K | $107K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.26 | −0.019% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.09 | −0.102% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.11 | −0.093% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0120% | 8h | 206.07 | −0.111% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0120% | 1h | 206.08 | −0.107% | $44K | $388K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0141% | 8h | 206.28 | −0.010% | $147K | $71K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0198% | 8h | 206.26 | −0.020% | $410 | $218K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0282% | 8h | 206.12 | −0.087% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0391% | 8h | 206.30 | long leg | $2.9M | $3.0M | 50x | |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +1.924% | $115K | $116K | 10x | as long as short |
Gate CBRS_USDT
Variational Omni CBRS
edgeX CBRSUSDC
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Coinbase International CBRS-PERP-INTX