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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.049%
Price spread now: Binance against Ondo Perps−0.039%46s7-day average +0.022% · 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+0.042%+$4 on $10k
Price spread, last 4 days (all we have)+0.025%+$3 · spread now −0.039%, 7d avg +0.022%
Together, before fees+0.067%+ Points / potential airdropOndo Perps: Active · farm board+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.061% cheaper against Ondo Perps than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.022%). If the spread goes back, that is −$6 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.042% in total) that is about 10 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CBRS-USD.P207.370.0056pay 0.0007% / 1h15m 00s$336K$719K10x
ShortBinance CBRSUSDT207.290.0128get 0.0128% / 8h3h 15m$10.1M$29.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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
$15.11
Price spread: −0.039% → +0.022%
−$6.11
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$5.99
Costs to cover
0.150%
Break-even
9.8 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 11 min ago. 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 Ondo Perps no order-book sample
Sell Binance live order book, 11 min ago0.73 bp13.6 bp −$1438.5 bp −$385135.0 bp −$13.5Kdoesn't fit
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
edgeX CBRSUSDC−0.0944%4h207.23−0.069%$23K$221K10xas long as short
tradeXYZ xyz:CBRS−0.0342%1h207.08−0.140%$42.3M$3.7M10xas long as short
Bitget CBRSUSDT−0.0009%8h207.47+0.048%$2.4M$2.4M20xas long as short
Aster CBRSUSDT0.0000%8h207.18−0.093%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.45+0.039%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h207.66+0.140%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h207.370.000%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h207.11−0.125%$98K10xas long as short
Lighter CBRS+0.0032%1h207.19−0.087%$89K$864K10xas long as short
Phoenix CBRS+0.0038%1h207.23−0.068%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USD+0.0050%1h207.10−0.130%$51K$1.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0052%8h207.26−0.053%$1K$212K10xas long as short
Ondo Perps CBRS-USD.Plong+0.0056%1h207.37long leg$336K$719K10x
QFEX CBRS-USD+0.0063%1h207.30−0.034%$1.1M$3.1M10xas long as short
Variational Omni CBRS+0.0065%8h207.38+0.004%$418K$82Kas long as short
KuCoin CBRSUSDTM+0.0100%8h207.38+0.005%$115K$112K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h207.370.000%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h207.23−0.068%$820$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h207.20−0.083%$24010xas long as short
Binance CBRSUSDTshort+0.0128%8h207.29−0.039%$10.1M$29.7M25x
Extended CBRS_24_5-USD+0.0128%1h207.23−0.066%$48K$258K10xas long as short
BloFin CBRS-USDT+0.0150%8h207.42+0.024%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.398%$115K$116K10xas long as short
Gate CBRS_USDT+0.0353%8h207.50+0.063%$2.8M$2.9M50xas long as short
Bybit CBRSUSDT+0.0354%8h207.370.000%$2.1M$2.0M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1683%1h207.370.000%$12K$5K10xas long as short