Funding you earn now, next payment 06:00 UTC+0.0321%/8h= +35.2% APRpaid last 24h +0.060%
Price spread now: Orderly against tradeXYZ+0.068%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$10 a day on $10k at the current rate, and Orderly is 0.068% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CBRS | 205.26 | −0.0221 | get 0.0028% / 1h | 23m 55s | $42.0M | $3.9M | 10x |
| Short | Orderly PERP_CBRS_USDC_mythos | 205.40 | 0.0100 | get 0.0100% / 8h | 2h 23m | $812 | $1K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $67.44
- Price spread: +0.068% → 0.000%
- $6.82
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $50.26
- Costs to cover
- 0.240%
- Break-even
- 1.8 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Orderly: 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, 5 min ago | 0.24 bp | 11.9 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0900% | 4h | 205.36 | +0.048% | $23K | $220K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0653% | 8h | 205.63 | +0.180% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRSlong | −0.0221% | 1h | 205.26 | long leg | $42.0M | $3.9M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 205.57 | +0.152% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.63 | +0.180% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.11 | −0.073% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.70 | +0.214% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.53 | +0.132% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 204.99 | −0.132% | — | $107K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.29 | +0.015% | $1.1M | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0040% | 1h | 205.18 | −0.039% | $89K | $881K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 205.34 | +0.039% | $50K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0063% | 8h | 205.38 | +0.057% | $400K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.37 | +0.054% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.40 | +0.068% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 205.40 | +0.068% | $812 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.39 | +0.062% | $238 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0127% | 8h | 205.58 | +0.155% | $10.0M | $30.3M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.50 | +0.115% | $46K | $387K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0129% | 8h | 205.43 | +0.083% | $146K | $70K | 20x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0132% | 1h | 205.50 | +0.117% | $334K | $713K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0151% | 8h | 205.65 | +0.190% | $512 | $212K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0279% | 8h | 205.55 | +0.141% | $2.0M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0342% | 8h | 205.60 | +0.166% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.441% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1700% | 1h | 205.48 | +0.107% | $12K | $5K | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL