Funding you earn now, next payment 09:00 UTC+0.0216%/8h= +23.7% APRpaid last 24h +0.020%
Price spread now: Gate against Ondo Perps+0.010%7-day average +0.035% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now +0.010%, 7d avg +0.035%
=Together, before fees+0.159%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.025% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.035%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.024% in total) that is about 7.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.2% 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 | 205.28 | −0.0216 | get 0.0027% / 1h | 47m 05s | $334K | $713K | 10x |
| Short | Gate CBRS_USDT | 205.30 | 0 | get 0.0000% / 8h | 7h 47m | $2.9M | $3.0M | 50x |
Ondo Perps CBRS-USD.P
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $45.36
- Price spread: +0.010% → +0.035%
- −$2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $22.88
- Costs to cover
- 0.200%
- Break-even
- 3.5 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 7.30 bp | 22.9 bp −$23 | 74.3 bp −$743 | 245.0 bp −$24.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0605% | 8h | 205.33 | +0.024% | $285 | $217K | 10x | as long as short |
| Lighter CBRS | −0.0472% | 1h | 205.11 | −0.083% | $93K | $1.0M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0339% | 8h | 205.22 | −0.029% | $2.4M | $2.5M | 20x | as long as short |
| Ondo Perps CBRS-USD.Plong | −0.0216% | 1h | 205.28 | long leg | $334K | $713K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | −0.0140% | 1h | 205.27 | −0.005% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 205.12 | −0.078% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0010% | 8h | 205.29 | +0.005% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.39 | +0.056% | $65K | $147K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.25 | −0.014% | $44K | $385K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.29 | +0.004% | $10.1M | $31.1M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Lighter CBRS
Bitget CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CBRSUSDT | 0.0000% | 8h | 205.39 | +0.054% | $2.1M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.27 | −0.005% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDTshort | 0.0000% | 8h | 205.30 | +0.010% | $2.9M | $3.0M | 50x | |
| Variational Omni CBRS | 0.0000% | 8h | 205.27 | −0.004% | $394K | $96K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.54 | +0.127% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.40 | +0.058% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.17 | −0.054% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.91 | −0.180% | — | $103K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.07 | −0.102% | $50K | $477K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0092% | 1h | 205.07 | −0.102% | $42.0M | $4.0M | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.31 | +0.015% | $812 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.21 | −0.034% | $114K | $135K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.37 | +0.044% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.19 | −0.046% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.431% | $115K | $108K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0634% | 4h | 205.25 | −0.014% | $23K | $221K | 10x | as long as short |
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
Polymarket Perps CBRS-USD
tradeXYZ xyz:CBRS
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC