Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.003%
Price spread now: Ondo Perps against Orderly−0.043%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.043% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_CBRS_USDC_mythos210.010.0100pay 0.0100% / 8h4h 19m$862$1K10x
ShortOndo Perps CBRS-USD.P209.920.0050get 0.0006% / 1h19m 31s$341K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.42
Price spread: −0.043% → 0.000%
−$4.29
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$25.7
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CBRSUSDT0.0000%8h209.94−0.035%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.07+0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.97−0.019%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.98−0.014%$418$207K10xas long as short
SunX CBRS-USDT0.0000%8h210.26+0.119%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.09+0.038%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0021%1h209.55−0.219%$94K10xas long as short
Lighter CBRS+0.0032%1h209.82−0.090%$90K$848K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.090%$1K$108K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.72−0.138%$42.9M$3.5M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h209.84−0.081%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0050%1h209.92−0.043%$341K$723K10x
QFEX CBRS-USD+0.0080%1h209.92−0.043%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.96−0.024%$115K$114K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.81−0.095%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythoslong+0.0100%8h210.01long leg$862$1K10x
Aevo CBRS-PERP+0.0104%1h210.01+0.001%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.124%$115K$116K10xas long as short
Variational Omni CBRS+0.0111%8h210.08+0.031%$424K$98Kas long as short
Binance CBRSUSDT+0.0164%8h209.96−0.024%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0168%1h209.90−0.050%$45K$263K10xas long as short
BloFin CBRS-USDT+0.0170%8h210.05+0.019%$148K$70K20xas long as short
Bybit CBRSUSDT+0.0339%8h210.11+0.048%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0355%8h210.10+0.043%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0846%1h210.05+0.019%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0898%4h209.96−0.022%$24K$220K10xas long as short