CBRS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisCBRS/USD	184.46	L −0.0079S +0.0115	get 0.0010% / 1h	28m 36s	$101K	—	10x	Long Avantis
SHORT	Ondo PerpsCBRS-USD.P	185.14	+0.0541	get 0.0068% / 1h	28m 36s	$523K	$1.8M	10x	Short Ondo Perps5% off

Price gap+0.366%

Funding gap+0.0619% /8h

Both sides work: funding pays +$19 a day on $10k, and the gap is 0.230% above its 7d average: +$23 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$20+0.0619% /8h now · paid +0.199% over the last 7D

Price+$23spread +0.366% now, avg +0.136% → +0.230% if it goes back

Costsno datano order book for Avantis

Result, before costs+$43+0.43%+ Points / potential airdropAvantis: Season 3 · Ondo Perps: points · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +0.199% in total, about +0.0095%/8h on average.

Price and funding

1h · loading 5m…

Price spread

Prices

Fundingper 8h

P&L

PRICE SPREAD · 7D

Now+0.366%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CBRS on 28 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

Note: Order book unknown—
No order-book sample for Avantis: its slippage is not counted.
Note: Margin at max leverage$1,000 + $1,000
Avantis 10x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$18.58Long Avantis: 24 payments, +$2.36; short Ondo Perps: 24 payments, +$16.22.
OK: Entry gap works for you+0.366% vs +0.136%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner$101K vs $523K OI
Avantis sets your exit cost. Check its book before closing.
OK: Points on a legAvantis Season 3 · Ondo Perps points
Volume here counts toward the points program.
OK: No KYC on either legAvantis No · Ondo Perps No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0095%/8h × 21 periods+$19.86

Price spread+0.366% → +0.136% (7d avg)+$23.00

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee Ondo Perps bp × 2 orders−$5.00

Net, fees only · 7 days · $10k+$28.85

Costs to cover0.140%Break-evenfrom the start

Slippage: Avantis: no order-book sample; Ondo Perps: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGAvantis—————

SELL · SHORTOndo Perps3.257.9 bp−$814.3 bp−$143doesn’t fitdoesn’t fit

Closing costs about the same again.
Avantis: no data.

CBRS news

posts that mention CBRS, from every exchangeSearch all news →

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