Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT210.300.0284pay 0.0284% / 8h5h 01m$2.9M$3.0M50x
ShortOndo Perps CBRS-USD.P210.120.0080get 0.0010% / 1h1m 46s$341K$734K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago4.75 bp15.9 bp −$1639.7 bp −$39759.1 bp −$5,911doesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International CBRS-PERP-INTX−0.0056%1h210.27−0.014%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.08−0.106%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.24−0.029%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.11−0.090%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.95−0.166%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.29−0.005%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.21−0.043%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.285%$94K10xas long as short
GRVT CBRS_USDT_Perp+0.0023%8h210.23−0.033%$511$205K10xas long as short
Lighter CBRS+0.0032%1h210.00−0.143%$90K$833K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.88−0.200%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.06−0.114%$54K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.06−0.114%$1.1M$3.2M10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0080%1h210.12−0.086%$341K$734K10x
KuCoin CBRSUSDTM+0.0100%8h210.00−0.143%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.98−0.152%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.12−0.086%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.17−0.062%$24410xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0179%1h210.11−0.090%$12K$5K10xas long as short
Variational Omni CBRS+0.0227%8h210.15−0.069%$425K$107Kas long as short
Extended CBRS_24_5-USD+0.0264%1h210.04−0.121%$45K$262K10xas long as short
Binance CBRSUSDT+0.0267%8h210.11−0.091%$10.3M$29.4M25xas long as short
Bybit CBRSUSDT+0.0274%8h210.22−0.038%$2.1M$1.9M25xas long as short
Gate CBRS_USDTlong+0.0284%8h210.30long leg$2.9M$3.0M50x
BloFin CBRS-USDT+0.0284%8h210.07−0.109%$105K$69K20xas long as short
edgeX CBRSUSDC+0.0749%4h210.23−0.033%$24K$220K10xas long as short