Funding you earn now, next payment 23:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h +0.016%
Price spread now: Coinbase International against Ondo Perps−0.397%7-day average −0.062% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.183%+$18 on $10k
+Price spread, last 3 days (all we have)+0.349%+$35 · spread now −0.397%, 7d avg −0.062%
=Together, before fees+0.532%+ Points / potential airdropOndo Perps: Active · farm board+$53 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.335% cheaper against Ondo Perps than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.062%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 209.27 | 0.0050 | pay 0.0006% / 1h | 21m 43s | $342K | $919K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.44 | 0.0016 | get 0.0002% / 1h | 21m 43s | $114K | $114K | 10x |
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- −$7.22
- Price spread: −0.397% → −0.062%
- −$33.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$55.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: live order book, 56 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 Coinbase International live order book, 56 min ago | 5.26 bp | 12.3 bp −$12 | 24.8 bp −$248 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0514% | 1h | 209.35 | +0.038% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0188% | 1h | 209.23 | −0.019% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.39 | +0.057% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.53 | +0.124% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.42 | +0.072% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.46 | +0.091% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | +0.024% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.172% | $964 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.52 | +0.119% | $9K | $7K | 20x | as long as short |
| Gate CBRS_USDT | +0.0006% | 8h | 209.40 | +0.062% | $2.9M | $3.1M | 50x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDTShow 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 | −0.076% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0016% | 1h | 208.44 | −0.397% | $114K | $114K | 10x | |
| QFEX CBRS-USD | +0.0021% | 1h | 209.41 | +0.067% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.48 | +0.100% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.28 | +0.005% | $57K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 209.27 | long leg | $342K | $919K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.40 | +0.062% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.24 | −0.014% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.37 | +0.048% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.46 | +0.090% | $243 | — | 10x | as long as short |
| edgeX CBRSUSDC | +0.0291% | 4h | 209.35 | +0.037% | $24K | $221K | 10x | as long as short |
| Variational Omni CBRS | +0.0447% | 8h | 209.38 | +0.051% | $423K | $321K | — | as long as short |
| Binance CBRSUSDT | +0.0476% | 8h | 209.34 | +0.033% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0480% | 1h | 209.32 | +0.024% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0498% | 8h | 209.37 | +0.048% | $147K | $70K | 20x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0564% | 8h | 209.35 | +0.037% | $590 | $223K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
edgeX CBRSUSDC
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp