CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0564%/8h= +61.8% APRnext payment +$0.71 per $10,000 · paid last 24h −0.043%

Price spread now: Ondo Perps against Deribit−0.038%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.038% cheaper against Deribit than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$17 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CBRS_USDC-PERPETUAL	209.35	−0.0514	get 0.0064% / 1h	21m 50s	$12K	$5K	10x
Short	Ondo Perps CBRS-USD.P	209.27	0.0050	get 0.0006% / 1h	21m 50s	$341K	$919K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee Ondo PerpsbpOrdersPrice spread, now −0.038%Rate

Funding earned: $118.47
Price spread: −0.038% → 0.000%: −$3.82
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $102.64
Costs to cover: 0.120%
Break-even: 0.9 days

Slippage unknown: Deribit: no order-book sample; 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 Deribit no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Deribit and 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-PERPETUALlong	−0.0514%	1h	209.35	long leg	$12K	$5K	10x
tradeXYZ xyz:CBRS	−0.0188%	1h	209.23	−0.057%	$42.9M	$3.5M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.38	+0.014%	$66K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	209.53	+0.086%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	209.41	+0.029%	$2.2M	$3.6M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.42	+0.033%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.32	−0.014%	$1K	$111K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	209.63	+0.134%	$964	$3.3M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	209.52	+0.081%	$9K	$7K	20x	as long as short
Gate CBRS_USDT	+0.0008%	8h	209.40	+0.024%	$2.9M	$3.1M	50x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest CBRS-USD-PERP	+0.0015%	1h	209.11	−0.115%	—	$94K	10x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0016%	1h	208.44	−0.435%	$114K	$114K	10x	as long as short
QFEX CBRS-USD	+0.0021%	1h	209.41	+0.029%	$1.1M	$3.4M	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.48	+0.062%	$91K	$868K	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.28	−0.033%	$57K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.Pshort	+0.0050%	1h	209.27	−0.038%	$341K	$919K	10x
KuCoin CBRSUSDTM	+0.0100%	8h	209.40	+0.024%	$143K	$92K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.24	−0.053%	$24K	$136K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.37	+0.010%	$860	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.46	+0.051%	$243	—	10x	as long as short
edgeX CBRSUSDC	+0.0291%	4h	209.35	−0.001%	$24K	$221K	10x	as long as short
Variational Omni CBRS	+0.0447%	8h	209.38	+0.012%	$423K	$321K	—	as long as short
Binance CBRSUSDT	+0.0479%	8h	209.39	+0.019%	$10.3M	$30.0M	25x	as long as short
Extended CBRS_24_5-USD	+0.0480%	1h	209.34	−0.004%	$43K	$246K	10x	as long as short
BloFin CBRS-USDT	+0.0498%	8h	209.37	+0.010%	$147K	$70K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0564%	8h	209.35	−0.001%	$590	$223K	10x	as long as short