Funding you earn now, next payment 08:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.40 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against Binance−0.198%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.198% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 207.35 | 0.0140 | pay 0.0140% / 8h | 2h 52m | $10.1M | $30.0M | 25x |
| Short | Orderly PERP_CBRS_USDC_mythos | 206.94 | 0.0100 | get 0.0100% / 8h | 2h 52m | $818 | $1K | 10x |
Binance CBRSUSDT
Orderly PERP_CBRS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- −$8.44
- Price spread: −0.198% → 0.000%
- −$19.77
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.21
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 4 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 Binance live order book, 4 min ago | 0.97 bp | 12.6 bp −$13 | 23.7 bp −$237 | 109.4 bp −$10.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0311% | 8h | 207.35 | 0.000% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0250% | 1h | 207.10 | −0.121% | $42.3M | $3.8M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.00 | −0.169% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.45 | +0.048% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.47 | −0.424% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.20 | −0.072% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.97 | −0.183% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 206.55 | −0.386% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 207.11 | −0.116% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.86 | −0.236% | $51K | $1.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Polymarket Perps CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni CBRS | +0.0070% | 8h | 207.07 | −0.136% | $403K | $92K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.03 | −0.154% | $116K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | −0.328% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 206.94 | −0.198% | $818 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.96 | −0.187% | $240 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0107% | 8h | 206.84 | −0.246% | $213 | $212K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0118% | 8h | 207.18 | −0.082% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.38 | +0.016% | $44K | $390K | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0140% | 8h | 207.35 | long leg | $10.1M | $30.0M | 25x | |
| Bybit CBRSUSDT | +0.0316% | 8h | 207.37 | +0.010% | $2.1M | $2.0M | 25x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0322% | 1h | 207.09 | −0.125% | $337K | $717K | 10x | as long as short |
| Gate CBRS_USDT | +0.0349% | 8h | 207.50 | +0.072% | $2.9M | $3.0M | 50x | as long as short |
| Lighter CBRS | +0.0368% | 1h | 207.37 | +0.010% | $90K | $854K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.408% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0596% | 4h | 206.91 | −0.211% | $23K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.2559% | 1h | 207.05 | −0.145% | $12K | $5K | 10x | as long as short |
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Bybit CBRSUSDT
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
Lighter CBRS
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL