Funding you earn now, next payment 03:00 UTC+0.0053%/8h= +5.8% APRnext payment +$0.07 per $10,000 · paid last 24h +0.068%
Price spread now: Ondo Perps against tradeXYZ+0.134%53s7-day average +0.082% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.134%, 7d avg +0.082%
=Together, before fees+0.260%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.052% dearer against tradeXYZ than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.082%. The two prices were read 53 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 | tradeXYZ xyz:CBRS | 209.04 | −0.0003 | get 0.0000% / 1h | 47m 54s | $42.8M | $3.5M | 10x |
| Short | Ondo Perps CBRS-USD.P | 209.32 | 0.0050 | get 0.0006% / 1h | 47m 54s | $339K | $737K | 10x |
tradeXYZ xyz:CBRS
Ondo Perps CBRS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against tradeXYZ. 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
- $11.19
- Price spread: +0.134% → +0.082%
- $5.19
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$6.62
- Costs to cover
- 0.230%
- Break-even
- 11.1 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 11 min ago | 0.96 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
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 25 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.287% | $114K | $114K | 10x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0003% | 1h | 209.04 | long leg | $42.8M | $3.5M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.31 | +0.127% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.34 | +0.144% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.28 | +0.115% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.27 | +0.109% | $523 | $205K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.05 | +0.005% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.51 | +0.225% | $957 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.47 | +0.206% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.99 | −0.024% | — | $94K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.20 | +0.077% | $90K | $826K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.18 | +0.067% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 209.32 | +0.134% | $339K | $737K | 10x | |
| QFEX CBRS-USD | +0.0051% | 1h | 209.24 | +0.096% | $1.1M | $3.3M | 10x | as long as short |
| Bybit CBRSUSDT | +0.0089% | 8h | 209.41 | +0.177% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.29 | +0.120% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.04 | 0.000% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.28 | +0.115% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.32 | +0.132% | $243 | — | 10x | as long as short |
| Gate CBRS_USDT | +0.0118% | 8h | 209.40 | +0.172% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0253% | 8h | 209.22 | +0.086% | $423K | $118K | — | as long as short |
| Binance CBRSUSDT | +0.0287% | 8h | 209.28 | +0.115% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0288% | 1h | 209.22 | +0.087% | $46K | $268K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0322% | 4h | 209.17 | +0.060% | $24K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0563% | 1h | 209.29 | +0.120% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Gate CBRS_USDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL