Funding you earn now, next payment 08:00 UTC−0.0347%/8h= −38.0% APRnext payment −$3.47 per $10,000 · paid last 24h −0.066%
Price spread now: Bybit against Variational Omni+0.056%7-day average −0.002% · 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)−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now +0.056%, 7d avg −0.002%
=Together, before fees+0.120%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.059% dearer against Variational Omni than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.002%): +$6 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 3 days (−0.038% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.038% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.47 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 | Variational Omni CBRS | 209.12 | 0.0347 | pay 0.0347% / 8h | 6h 40m | $423K | $235K | — |
| Short | Bybit CBRSUSDT | 209.24 | 0 | get 0.0000% / 8h | 6h 40m | $2.1M | $1.9M | 25x |
Variational Omni CBRS
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$72.89
- Price spread: +0.056% → −0.002%
- $5.86
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$78.03
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 29 min ago | 2.19 bp | doesn't fit | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.63 bp | 18.9 bp −$19 | 127.0 bp −$1,270 | 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 | −0.0753% | 4h | 209.35 | +0.110% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0346% | 1h | 208.93 | −0.092% | $42.8M | $3.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0085% | 1h | 209.10 | −0.011% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.326% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.22 | +0.048% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDTshort | 0.0000% | 8h | 209.24 | +0.056% | $2.1M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.18 | +0.027% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | +0.037% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | +0.027% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.25 | +0.061% | $475 | $210K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 209.39 | +0.128% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.118% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0014% | 1h | 208.93 | −0.092% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | −0.140% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.02 | −0.049% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.09 | −0.016% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.03 | −0.044% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.14 | +0.008% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.21 | +0.042% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.19 | +0.032% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.19 | +0.032% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.21 | +0.042% | $243 | — | 10x | as long as short |
| Variational Omni CBRSlong | +0.0347% | 8h | 209.12 | long leg | $423K | $235K | — | |
| Binance CBRSUSDT | +0.0372% | 8h | 209.17 | +0.023% | $10.2M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0376% | 1h | 209.11 | −0.004% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.118% | $148K | $71K | 20x | as long as short |
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT