Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against Binance−0.034%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 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 | Binance CBRSUSDT | 206.80 | 0.0132 | pay 0.0132% / 8h | 3h 06m | $10.1M | $29.8M | 25x |
| Short | Orderly PERP_CBRS_USDC_mythos | 206.73 | 0.0100 | get 0.0100% / 8h | 3h 06m | $818 | $1K | 10x |
Binance CBRSUSDT
Orderly PERP_CBRS_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Binance. 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
- −$6.81
- Price spread: −0.034% → 0.000%
- −$3.44
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$26.25
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: 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 Binance live order book, 5 min ago | 1.69 bp | 12.5 bp −$13 | 37.2 bp −$372 | 109.1 bp −$10.9K | 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 | −0.0500% | 4h | 206.59 | −0.103% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0348% | 1h | 206.69 | −0.054% | $42.3M | $3.8M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0172% | 8h | 206.99 | +0.091% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.74 | −0.029% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.05 | +0.120% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.08 | +0.135% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.67 | −0.063% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.49 | −0.150% | — | $103K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.84 | +0.019% | $89K | $870K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.37 | −0.208% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
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 | 206.58 | −0.107% | $51K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0052% | 1h | 206.73 | −0.034% | $336K | $713K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 206.76 | −0.020% | $1.1M | $3.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 206.56 | −0.116% | $417K | $81K | — | as long as short |
| GRVT CBRS_USDT_Perp | +0.0090% | 8h | 206.59 | −0.102% | $1K | $211K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.75 | −0.025% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | −0.063% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythosshort | +0.0100% | 8h | 206.73 | −0.034% | $818 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.69 | −0.052% | $240 | — | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0132% | 8h | 206.80 | long leg | $10.1M | $29.8M | 25x | |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.81 | +0.005% | $45K | $312K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0164% | 8h | 206.55 | −0.121% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.677% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0333% | 8h | 206.76 | −0.020% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0336% | 8h | 207.00 | +0.096% | $2.8M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0524% | 1h | 206.79 | −0.005% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL