Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.038%
Price spread now: Variational Omni against Ondo Perps−0.005%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 4 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now −0.005%, 7d avg +0.016%
=Together, before fees+0.014%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.021% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.016%). If the spread goes back, that is −$2 on $10k: about 4.0 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 206.07 | 0.0050 | pay 0.0006% / 1h | 58m 25s | $335K | $717K | 10x |
| Short | Variational Omni CBRS | 206.06 | 0.0068 | get 0.0068% / 8h | 58m 25s | $402K | $95K | — |
Ondo Perps CBRS-USD.P
Variational Omni CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Ondo Perps. 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
- $3.74
- Price spread: −0.005% → +0.016%
- −$2.11
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$3.37
- Costs to cover
- 0.050%
- Break-even
- 13.3 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 46 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 46 min ago | 2.58 bp | doesn't fit | 41.5 bp −$415 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0888% | 4h | 206.08 | +0.004% | $23K | $222K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0522% | 8h | 206.13 | +0.029% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0029% | 1h | 205.90 | −0.082% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.22 | +0.071% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.00 | −0.034% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.252% | $998 | $2.8M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 206.11 | +0.019% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.14 | +0.034% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 205.98 | −0.044% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.06 | −0.005% | $91K | $899K | 10x | as long as short |
edgeX CBRSUSDC
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0039% | 1h | 205.80 | −0.131% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.98 | −0.044% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 206.07 | long leg | $335K | $717K | 10x | |
| Variational Omni CBRSshort | +0.0068% | 8h | 206.06 | −0.005% | $402K | $95K | — | |
| QFEX CBRS-USD | +0.0080% | 1h | 206.19 | +0.058% | $1.1M | $3.0M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.14 | +0.034% | $114K | $107K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.20 | +0.063% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.06 | −0.005% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.03 | −0.020% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0107% | 8h | 206.09 | +0.010% | $147K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0112% | 1h | 206.03 | −0.018% | $44K | $388K | 10x | as long as short |
| Binance CBRSUSDT | +0.0115% | 8h | 206.14 | +0.036% | $10.1M | $30.5M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0192% | 8h | 206.13 | +0.029% | $721 | $218K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0274% | 8h | 206.17 | +0.049% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0389% | 8h | 206.30 | +0.112% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.038% | $115K | $112K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX