Funding you earn now, next payment 10:00 UTC−0.0126%/8h= −13.8% APRpaid last 24h −0.052%
Price spread now: Phoenix against Variational Omni−0.080%7-day average −0.049% · 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)−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.080%, 7d avg −0.049%
=Together, before fees+0.104%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phoenix is 0.032% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni CBRS | 207.74 | 0.0010 | pay 0.0010% / 8h | 5h 49m | $398K | $101K | — |
| Short | Phoenix CBRS | 207.57 | −0.0116 | pay 0.0014% / 1h | 49m 09s | $1K | $109K | 10x |
Variational Omni CBRS
Phoenix CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$26.38
- Price spread: −0.080% → −0.049%
- −$3.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$36.53
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 63 min ago; Phoenix: live order book, 55 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, 63 min ago | 2.99 bp | doesn't fit | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 55 min ago | 15.55 bp | 65.6 bp −$66 | 227.4 bp −$2,274 | doesn't fit | doesn't fit |
CBRS on 26 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRSshort | −0.0116% | 1h | 207.57 | −0.080% | $1K | $109K | 10x | |
| QFEX CBRS-USD | −0.0009% | 1h | 207.82 | +0.040% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.62 | −0.056% | $66K | $148K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.10 | +0.175% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.19 | +0.218% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.14 | +0.194% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.43 | +0.334% | $1K | $2.5M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.77 | +0.016% | $9K | $10K | 20x | as long as short |
| Variational Omni CBRSlong | +0.0010% | 8h | 207.74 | long leg | $398K | $101K | — | |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 208.26 | +0.252% | — | $105K | 10x | as long as short |
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0026% | 1h | 207.77 | +0.016% | $42.6M | $4.1M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.92 | +0.088% | $91K | $1.2M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.70 | −0.018% | $51K | $464K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.02 | +0.136% | $329K | $730K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0051% | 8h | 208.19 | +0.218% | $150K | $74K | 20x | as long as short |
| Binance CBRSUSDT | +0.0068% | 8h | 208.15 | +0.196% | $10.2M | $32.9M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0072% | 1h | 208.07 | +0.160% | $44K | $386K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.08 | +0.165% | $823 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.80 | +0.030% | $113K | $263K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.34 | −0.191% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.88 | +0.069% | $241 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.219% | $115K | $107K | 10x | as long as short |
| Gate CBRS_USDT | +0.0355% | 8h | 208.20 | +0.223% | $2.9M | $3.3M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0519% | 1h | 208.12 | +0.184% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0521% | 8h | 207.67 | −0.032% | $719 | $227K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0936% | 4h | 207.70 | −0.019% | $23K | $222K | 10x | as long as short |
tradeXYZ xyz:CBRS
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC