Funding you earn now, next payment 08:00 UTC−0.0386%/8h= −42.2% APRnext payment −$3.86 per $10,000 · paid last 24h −0.037%
Price spread now: Orderly against Variational Omni−0.051%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Orderly is 0.051% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CBRS | 210.13 | 0.0486 | pay 0.0486% / 8h | 7h 51m | $425K | $321K | — |
| Short | Orderly PERP_CBRS_USDC_mythos | 210.02 | 0.0100 | get 0.0100% / 8h | 7h 51m | $862 | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$80.99
- Price spread: −0.051% → 0.000%
- −$5.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$92.11
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 23 min ago; Orderly: 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, 23 min ago | 2.19 bp | doesn't fit | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0681% | 4h | 209.88 | −0.118% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0014% | 1h | 209.99 | −0.065% | $43.0M | $3.6M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.99 | −0.068% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 210.10 | −0.013% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.19 | +0.030% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.10 | −0.013% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.10 | −0.013% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.91 | −0.103% | $359 | $218K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.07 | −0.027% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.87 | −0.123% | $12K | $5K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.94 | −0.089% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.803% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0028% | 1h | 209.62 | −0.241% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 210.07 | −0.027% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.99 | −0.065% | $91K | $843K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.78 | −0.165% | $1K | $111K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.02 | −0.051% | $54K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.90 | −0.108% | $347K | $918K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.90 | −0.108% | $143K | $90K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.93 | −0.094% | $25K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 210.02 | −0.051% | $862 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.97 | −0.074% | $244 | — | 10x | as long as short |
| Variational Omni CBRSlong | +0.0486% | 8h | 210.13 | long leg | $425K | $321K | — | |
| Binance CBRSUSDT | +0.0517% | 8h | 210.11 | −0.009% | $10.3M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0520% | 1h | 210.07 | −0.027% | $44K | $251K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0536% | 8h | 209.85 | −0.132% | $146K | $71K | 20x | as long as short |
Variational Omni CBRS
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Lighter CBRS
Phoenix CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT