Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.002%
Price spread now: Bybit against Ondo Perps+0.110%47s7-day average +0.018% · you sell dearer than you buy
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)−0.014%−$1 · spread now +0.110%, 7d avg +0.018%
=Together, before fees−0.062%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.092% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.018%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.1 days. At the pace of the last 7 days (−0.047% in total) that is about 14 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 209.28 | 0.0050 | pay 0.0006% / 1h | 42m 46s | $347K | $913K | 10x |
| Short | Bybit CBRSUSDT | 209.51 | 0 | get 0.0000% / 8h | 42m 46s | $2.0M | $1.9M | 25x |
Ondo Perps CBRS-USD.P
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$10.58
- Price spread: +0.110% → +0.018%
- $9.17
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$17.41
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 1.67 bp | 17.2 bp −$17 | 136.7 bp −$1,367 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CBRSUSDT | 0.0000% | 8h | 209.26 | −0.010% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDTshort | 0.0000% | 8h | 209.51 | +0.110% | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.38 | +0.048% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.057% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | +0.048% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.36 | +0.038% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.167% | $1K | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.47 | +0.091% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.401% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0016% | 1h | 208.95 | −0.158% | — | $94K | 10x | as long as short |
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0021% | 1h | 209.33 | +0.024% | $1.1M | $3.4M | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0046% | 1h | 209.22 | −0.029% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.24 | −0.019% | $30K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 209.28 | long leg | $347K | $913K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.14 | −0.067% | $143K | $93K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.07 | −0.100% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.36 | +0.038% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.44 | +0.077% | $243 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0120% | 4h | 209.37 | +0.041% | $24K | $222K | 10x | as long as short |
| Lighter CBRS | +0.0216% | 1h | 209.52 | +0.115% | $93K | $863K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0323% | 1h | 209.44 | +0.076% | $12K | $4K | 10x | as long as short |
| Variational Omni CBRS | +0.0405% | 8h | 209.37 | +0.042% | $423K | $321K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0448% | 1h | 209.31 | +0.015% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0449% | 8h | 209.37 | +0.043% | $10.3M | $30.0M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0478% | 8h | 209.40 | +0.057% | $146K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0559% | 8h | 209.43 | +0.072% | $478 | $227K | 10x | as long as short |
QFEX CBRS-USD
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp