Funding you earn now, next payment 05:00 UTC−0.0468%/8h= −51.2% APRpaid last 24h −0.063%
Price spread now: tradeXYZ against Orderly−0.115%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and tradeXYZ is 0.115% cheaper against Orderly than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CBRS_USDC_mythos | 208.76 | 0.0100 | pay 0.0100% / 8h | 3h 42m | $826 | $1K | 10x |
| Short | tradeXYZ xyz:CBRS | 208.52 | −0.0368 | pay 0.0046% / 1h | 42m 36s | $42.7M | $3.6M | 10x |
Orderly PERP_CBRS_USDC_mythos
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Orderly. 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
- −$98.28
- Price spread: −0.115% → 0.000%
- −$11.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$133.78
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 7 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 Orderly no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 7 min ago | 0.48 bp | 12.0 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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:CBRSshort | −0.0368% | 1h | 208.52 | −0.115% | $42.7M | $3.6M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 208.71 | −0.026% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.86 | +0.048% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.76 | 0.000% | $2.4M | $2.7M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.01 | +0.120% | $769 | $3.0M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.73 | −0.014% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.83 | +0.034% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.44 | −0.153% | — | $94K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.65 | −0.053% | $90K | $840K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.63 | −0.062% | $1K | $108K | 10x | as long as short |
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.58 | −0.086% | $53K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 208.76 | 0.000% | $1.1M | $3.1M | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0067% | 8h | 208.78 | +0.010% | $257 | $209K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0072% | 1h | 208.91 | +0.072% | $339K | $719K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.75 | −0.005% | $114K | $113K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.79 | +0.014% | $24K | $141K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythoslong | +0.0100% | 8h | 208.76 | long leg | $826 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.78 | +0.009% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0107% | 8h | 208.90 | +0.066% | $421K | $89K | — | as long as short |
| BloFin CBRS-USDT | +0.0138% | 8h | 208.76 | 0.000% | $148K | $69K | 20x | as long as short |
| Binance CBRSUSDT | +0.0166% | 8h | 208.78 | +0.010% | $10.1M | $29.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0168% | 1h | 208.67 | −0.042% | $49K | $263K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +0.723% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0373% | 8h | 208.90 | +0.067% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0398% | 8h | 208.90 | +0.067% | $2.9M | $2.9M | 50x | as long as short |
| edgeX CBRSUSDC | +0.0746% | 4h | 208.95 | +0.091% | $24K | $221K | 10x | as long as short |
Polymarket Perps CBRS-USD
QFEX CBRS-USD
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
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
edgeX CBRSUSDC