Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h −0.035%

Price spread now: Aevo against Variational Omni+0.029%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.029% dearer against Variational Omni than usual: you sell high and buy low (spread +0.029% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni CBRS	209.88	0.0406	pay 0.0406% / 8h	7h 04m	$424K	$321K	—
Short	Aevo CBRS-PERP	209.94	0.0104	get 0.0013% / 1h	4m 53s	$244	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee AevobpOrdersPrice spread, now +0.029%Rate

Funding earned: −$63.49
Price spread: +0.029% → 0.000%: $2.85
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$76.64
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Aevo: no order-book sample. 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, 4 min ago	2.19 bp	doesn't fit	34.2 bp −$342	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Aster CBRSUSDT	0.0000%	8h	209.88	0.000%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.22	+0.161%	$2.2M	$3.6M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	210.04	+0.076%	$2.4M	$2.8M	20x	as long as short
GRVT CBRS_USDT_Perp	0.0000%	8h	210.01	+0.060%	$1K	$211K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.17	+0.138%	$1K	$3.2M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.13	+0.119%	$9K	$9K	20x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0024%	1h	208.44	−0.687%	$114K	$114K	10x	as long as short
Vest CBRS-USD-PERP	+0.0030%	1h	209.53	−0.167%	—	$98K	10x	as long as short
QFEX CBRS-USD	+0.0031%	1h	209.85	−0.015%	$1.1M	$3.4M	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.98	+0.047%	$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	−0.043%	$1K	$111K	10x	as long as short
tradeXYZ xyz:CBRS	+0.0050%	1h	210.01	+0.061%	$43.0M	$3.6M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.76	−0.058%	$53K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0050%	1h	210.01	+0.061%	$342K	$924K	10x	as long as short
Gate CBRS_USDT	+0.0053%	8h	210.10	+0.104%	$2.9M	$3.0M	50x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	209.90	+0.009%	$114K	$122K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	210.16	+0.133%	$25K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.91	+0.014%	$862	$1K	10x	as long as short
Aevo CBRS-PERPshort	+0.0104%	1h	209.94	+0.029%	$244	—	10x
Bybit CBRSUSDT	+0.0168%	8h	210.11	+0.109%	$2.0M	$1.9M	25x	as long as short
Variational Omni CBRSlong	+0.0406%	8h	209.88	long leg	$424K	$321K	—
Extended CBRS_24_5-USD	+0.0440%	1h	209.94	+0.027%	$46K	$270K	10x	as long as short
Binance CBRSUSDT	+0.0442%	8h	210.09	+0.098%	$10.3M	$29.7M	25x	as long as short
BloFin CBRS-USDT	+0.0467%	8h	209.96	+0.038%	$147K	$71K	20x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0608%	1h	209.89	+0.004%	$12K	$5K	10x	as long as short
edgeX CBRSUSDC	+0.0807%	4h	209.97	+0.044%	$24K	$221K	10x	as long as short