Funding you earn now, next payment 05:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.026%
Price spread now: Bitget against Ondo Perps+0.143%7-day average +0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.143%, 7d avg +0.036%
=Together, before fees−0.019%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.108% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of +0.036%): +$11 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 hours. At the pace of the last 7 days (−0.072% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% 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 | 209.10 | 0.0220 | pay 0.0028% / 1h | 54m 06s | $340K | $720K | 10x |
| Short | Bitget CBRSUSDT | 209.40 | 0 | get 0.0000% / 8h | 3h 54m | $2.4M | $2.7M | 20x |
Ondo Perps CBRS-USD.P
Bitget CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$46.2
- Price spread: +0.143% → +0.036%
- $10.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.44
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 2.86 bp | 13.1 bp −$13 | 21.5 bp −$215 | 75.0 bp −$7,502 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0403% | 1h | 209.13 | +0.014% | $42.8M | $3.6M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0062% | 4h | 209.47 | +0.179% | $24K | $220K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.22 | +0.056% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.55 | +0.215% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDTshort | 0.0000% | 8h | 209.40 | +0.143% | $2.4M | $2.7M | 20x | |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.196% | $419 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.53 | +0.206% | $9K | $10K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0021% | 8h | 209.57 | +0.223% | $622 | $209K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.07 | −0.014% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.18 | +0.038% | $91K | $832K | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Vest CBRS-USD-PERP
Lighter CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phoenix CBRS | +0.0038% | 1h | 209.41 | +0.148% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.21 | +0.053% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 209.28 | +0.086% | $1.1M | $3.1M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.32 | +0.105% | $114K | $114K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.59 | +0.234% | $25K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.35 | +0.120% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.32 | +0.107% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0105% | 8h | 209.52 | +0.202% | $422K | $92K | — | as long as short |
| BloFin CBRS-USDT | +0.0158% | 8h | 209.45 | +0.167% | $148K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0167% | 8h | 209.44 | +0.161% | $10.2M | $29.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 209.37 | +0.128% | $45K | $263K | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0220% | 1h | 209.10 | long leg | $340K | $720K | 10x | |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.560% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0382% | 8h | 209.50 | +0.191% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0394% | 8h | 209.50 | +0.191% | $2.9M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1329% | 1h | 209.36 | +0.124% | $12K | $5K | 10x | as long as short |
Phoenix CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL