Funding you earn now, next payment 03:00 UTC−0.0204%/8h= −22.3% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against Gate−0.086%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.086%, 7d avg −0.031%
=Together, before fees−0.036%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Ondo Perps is 0.055% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 210.30 | 0.0284 | pay 0.0284% / 8h | 5h 01m | $2.9M | $3.0M | 50x |
| Short | Ondo Perps CBRS-USD.P | 210.12 | 0.0080 | get 0.0010% / 1h | 1m 46s | $341K | $734K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- −$42.84
- Price spread: −0.086% → −0.031%
- −$5.47
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$68.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 1 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 Gate live order book, 1 min ago | 4.75 bp | 15.9 bp −$16 | 39.7 bp −$397 | 59.1 bp −$5,911 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 210.27 | −0.014% | $115K | $116K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 210.08 | −0.106% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 210.24 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 210.11 | −0.090% | $2.4M | $2.7M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.95 | −0.166% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 210.29 | −0.005% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 210.21 | −0.043% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.70 | −0.285% | — | $94K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0023% | 8h | 210.23 | −0.033% | $511 | $205K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 210.00 | −0.143% | $90K | $833K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.88 | −0.200% | $43.0M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 210.06 | −0.114% | $54K | $1.1M | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 210.06 | −0.114% | $1.1M | $3.2M | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0080% | 1h | 210.12 | −0.086% | $341K | $734K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 210.00 | −0.143% | $115K | $115K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.98 | −0.152% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 210.12 | −0.086% | $863 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 210.17 | −0.062% | $244 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0179% | 1h | 210.11 | −0.090% | $12K | $5K | 10x | as long as short |
| Variational Omni CBRS | +0.0227% | 8h | 210.15 | −0.069% | $425K | $107K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0264% | 1h | 210.04 | −0.121% | $45K | $262K | 10x | as long as short |
| Binance CBRSUSDT | +0.0267% | 8h | 210.11 | −0.091% | $10.3M | $29.4M | 25x | as long as short |
| Bybit CBRSUSDT | +0.0274% | 8h | 210.22 | −0.038% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0284% | 8h | 210.30 | long leg | $2.9M | $3.0M | 50x | |
| BloFin CBRS-USDT | +0.0284% | 8h | 210.07 | −0.109% | $105K | $69K | 20x | as long as short |
| edgeX CBRSUSDC | +0.0749% | 4h | 210.23 | −0.033% | $24K | $220K | 10x | as long as short |
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
GRVT CBRS_USDT_Perp
Lighter CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
BloFin CBRS-USDT
edgeX CBRSUSDC