Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.002%
Price spread now: Ondo Perps against Bybit−0.129%7-day average −0.018% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.129%, 7d avg −0.018%
=Together, before fees+0.081%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.111% cheaper against Bybit than usual: you would sell low and buy high (spread −0.129% now, against its 7-day average of −0.018%). If the spread goes back, that is −$11 on $10k: about 7.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.047% in total) that is about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CBRSUSDT | 209.54 | 0 | get 0.0000% / 8h | 22m 42s | $2.0M | $1.9M | 25x |
| Short | Ondo Perps CBRS-USD.P | 209.27 | 0.0050 | get 0.0006% / 1h | 22m 42s | $341K | $919K | 10x |
Bybit CBRSUSDT
Ondo Perps CBRS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $10.58
- Price spread: −0.129% → −0.018%
- −$11.07
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$16.48
- Costs to cover
- 0.160%
- Break-even
- 17.9 days
Slippage unknown: Bybit: live order book, 4 min ago; Ondo Perps: 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 Bybit live order book, 4 min ago | 3.10 bp | 18.4 bp −$18 | 122.1 bp −$1,221 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0657% | 1h | 209.31 | −0.110% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0173% | 1h | 209.25 | −0.138% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.40 | −0.067% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDTlong | 0.0000% | 8h | 209.54 | long leg | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | −0.062% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.37 | −0.081% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.105% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.043% | $964 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.52 | −0.010% | $9K | $7K | 20x | as long as short |
| Gate CBRS_USDT | +0.0010% | 8h | 209.40 | −0.067% | $2.9M | $3.1M | 50x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0015% | 1h | 209.12 | −0.200% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.525% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.28 | −0.124% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.47 | −0.033% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.27 | −0.129% | $57K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 209.27 | −0.129% | $341K | $919K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.41 | −0.062% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.24 | −0.143% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.31 | −0.110% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.41 | −0.060% | $243 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0291% | 4h | 209.35 | −0.092% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0447% | 8h | 209.38 | −0.078% | $423K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0479% | 8h | 209.34 | −0.095% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0480% | 1h | 209.29 | −0.119% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0498% | 8h | 209.37 | −0.081% | $147K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0564% | 8h | 209.35 | −0.092% | $590 | $223K | 10x | as long as short |
Vest CBRS-USD-PERP
Coinbase International CBRS-PERP-INTX
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp