Funding you earn now, next payment 02:00 UTC+0.0258%/8h= +28.3% APRpaid last 24h +0.049%
Price spread now: Binance against Ondo Perps−0.046%46s7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 2 days (all we have)+0.079%+$8 · spread now −0.046%, 7d avg +0.006%
=Together, before fees+0.122%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.052% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.006%). If the spread goes back, that is −$5 on $10k: about 16 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.043% in total) that is about 8.6 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.043% in total (about 2.2% a year). A funding rate is set anew for every payment. 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 | Ondo Perps CBRS-USD.P | 209.18 | 0.0050 | pay 0.0006% / 1h | 59m 48s | $339K | $737K | 10x |
| Short | Binance CBRSUSDT | 209.08 | 0.0309 | get 0.0309% / 8h | 5h 59m | $10.3M | $29.4M | 25x |
Ondo Perps CBRS-USD.P
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $54.22
- Price spread: −0.046% → +0.006%
- −$5.24
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $33.98
- Costs to cover
- 0.150%
- Break-even
- 2.6 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 12 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 0.72 bp | 10.1 bp −$10 | 31.5 bp −$315 | 120.1 bp −$12.0K | doesn't fit |
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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0987% | 4h | 209.17 | −0.004% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0451% | 1h | 208.93 | −0.120% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.354% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.17 | −0.003% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.19 | +0.005% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.14 | −0.019% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.25 | +0.034% | $789 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.46 | +0.134% | $855 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.21 | +0.014% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.81 | −0.177% | — | $94K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.06 | −0.057% | $90K | $864K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.08 | −0.048% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.08 | −0.048% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.96 | −0.105% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 209.18 | long leg | $339K | $737K | 10x | |
| Bybit CBRSUSDT | +0.0061% | 8h | 209.20 | +0.010% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.12 | −0.029% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.12 | −0.029% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.12 | −0.029% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.16 | −0.007% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0122% | 8h | 209.30 | +0.057% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0276% | 8h | 209.14 | −0.020% | $423K | $120K | — | as long as short |
| Binance CBRSUSDTshort | +0.0309% | 8h | 209.08 | −0.046% | $10.3M | $29.4M | 25x | |
| Extended CBRS_24_5-USD | +0.0312% | 1h | 209.05 | −0.062% | $46K | $268K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0659% | 1h | 209.19 | +0.005% | $12K | $5K | 10x | as long as short |
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Polymarket Perps CBRS-USD
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Gate CBRS_USDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Deribit CBRS_USDC-PERPETUAL