CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0186%/8h= −20.4% APRnext payment −$0.23 per $10,000 · paid last 24h −0.018%

Price spread now: Ondo Perps against Extended−0.021%7-day average 0.000% · you buy dearer than you sell

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

Long on Extended Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.173%+$17 · spread now −0.021%, 7d avg 0.000%

Together, before fees+0.172%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.021% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of 0.000%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.001% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended CBRS_24_5-USD	210.09	0.0272	pay 0.0034% / 1h	10m 10s	$44K	$262K	10x
Short	Ondo Perps CBRS-USD.P	210.05	0.0086	get 0.0011% / 1h	10m 10s	$341K	$734K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

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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 ExtendedbpFee Ondo PerpsbpOrdersPrice spread, now −0.021%Rate

Funding earned: −$39.14
Price spread: −0.021% → 0.000%: −$2.1
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$51.24
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Extended: live order book, 52 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 Extended live order book, 52 min ago	1.91 bp	15.6 bp −$16	155.6 bp −$1,556	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
Coinbase International CBRS-PERP-INTX	−0.0056%	1h	208.44	−0.787%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	210.07	−0.009%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.23	+0.065%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	210.16	+0.032%	$2.4M	$2.7M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.88	−0.101%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.29	+0.094%	$885	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.20	+0.051%	$9K	$9K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0003%	8h	210.11	+0.008%	$366	$205K	10x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	209.50	−0.282%	—	$94K	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.90	−0.092%	$90K	$831K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.82	−0.130%	$43.0M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.98	−0.054%	$55K	$1.1M	10x	as long as short
QFEX CBRS-USD	+0.0051%	1h	210.06	−0.016%	$1.1M	$3.3M	10x	as long as short
Ondo Perps CBRS-USD.Pshort	+0.0086%	1h	210.05	−0.021%	$341K	$734K	10x
KuCoin CBRSUSDTM	+0.0100%	8h	209.92	−0.082%	$115K	$116K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.88	−0.101%	$25K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	210.15	+0.027%	$863	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	210.17	+0.036%	$244	—	10x	as long as short
Variational Omni CBRS	+0.0228%	8h	210.02	−0.033%	$424K	$109K	—	as long as short
Bybit CBRSUSDT	+0.0245%	8h	210.22	+0.060%	$2.1M	$1.9M	25x	as long as short
BloFin CBRS-USDT	+0.0256%	8h	210.05	−0.021%	$105K	$69K	20x	as long as short
Gate CBRS_USDT	+0.0268%	8h	210.30	+0.098%	$2.9M	$3.0M	50x	as long as short
Extended CBRS_24_5-USDlong	+0.0272%	1h	210.09	long leg	$44K	$262K	10x
Binance CBRSUSDT	+0.0275%	8h	210.16	+0.030%	$10.3M	$29.4M	25x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0655%	1h	210.11	+0.008%	$12K	$5K	10x	as long as short
edgeX CBRSUSDC	+0.0726%	4h	210.10	+0.002%	$24K	$219K	10x	as long as short