Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: Ondo Perps against Bybit+0.152%7-day average −0.019% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.045%+$4 on $10k
+Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.152%, 7d avg −0.019%
=Together, before fees−0.205%+ Points / potential airdropOndo Perps: Active · farm board−$21 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 0.171% dearer against Bybit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CBRSUSDT | 210.02 | 0 | get 0.0000% / 8h | 7h 23m | $2.0M | $1.9M | 25x |
| Short | Ondo Perps CBRS-USD.P | 210.34 | 0.0050 | get 0.0006% / 1h | 23m 43s | $343K | $926K | 10x |
Bybit CBRSUSDT
Ondo Perps CBRS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Bybit. 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
- $10.58
- Price spread: +0.152% → −0.019%
- $17.11
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $11.7
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 3.33 bp | 21.3 bp −$21 | 122.9 bp −$1,229 | 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 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 | −0.0448% | 4h | 210.33 | +0.149% | $24K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.10 | +0.037% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDTlong | 0.0000% | 8h | 210.02 | long leg | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.95 | −0.033% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 210.10 | +0.038% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.98 | −0.019% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 210.34 | +0.153% | $219 | $213K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.21 | +0.090% | $1K | $3.2M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.97 | −0.024% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.22 | +0.095% | $9K | $9K | 20x | as long as short |
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.752% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0030% | 1h | 209.72 | −0.143% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.84 | −0.086% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.00 | −0.010% | $91K | $859K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 210.23 | +0.100% | $1K | $111K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0043% | 1h | 209.74 | −0.133% | $42.9M | $3.6M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.80 | −0.105% | $53K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 210.34 | +0.152% | $343K | $926K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.99 | −0.014% | $114K | $122K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 210.12 | +0.048% | $25K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.99 | −0.014% | $862 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.99 | −0.016% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0429% | 8h | 210.25 | +0.107% | $425K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0449% | 8h | 210.16 | +0.067% | $147K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0454% | 8h | 209.94 | −0.038% | $10.3M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0456% | 1h | 209.89 | −0.061% | $45K | $266K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Phoenix CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD