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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h −0.012%
Price spread now: Ondo Perps against Orderly−0.068%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.068% cheaper against Orderly than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_CBRS_USDC_mythos206.220.0100pay 0.0100% / 8h6h 14m$816$2K10x
ShortOndo Perps CBRS-USD.P206.080.0050get 0.0006% / 1h14m 05s$331K$724K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Orderly. 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
−$10.38
Price spread: −0.068% → 0.000%
−$6.79
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$28.17
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell Ondo Perps no order-book sample
Orderly and 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS−0.0631%1h206.08−0.068%$42.3M$4.0M10xas long as short
Phoenix CBRS−0.0116%1h206.10−0.058%$1K$109K10xas long as short
Lighter CBRS−0.0072%1h206.09−0.063%$90K$1.2M10xas long as short
Bitget CBRSUSDT−0.0019%8h206.29+0.034%$2.3M$2.7M20xas long as short
BloFin CBRS-USDT−0.0007%8h206.32+0.048%$148K$73K20xas long as short
Aster CBRSUSDT0.0000%8h205.92−0.145%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h206.23+0.002%$44K$388K10xas long as short
Binance CBRSUSDT0.0000%8h206.28+0.029%$10.2M$32.6M25xas long as short
Bybit CBRSUSDT0.0000%8h206.34+0.058%$2.1M$2.2M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.30+0.039%$2.2M$3.4M25xas long as short
Show all 26 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS0.0000%8h206.21−0.005%$395K$101Kas long as short
SunX CBRS-USDT0.0000%8h206.44+0.107%$1K$2.6M10xas long as short
HTX CBRS-USDT0.0000%8h206.23+0.005%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h206.11−0.053%$105K10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h206.10−0.058%$51K$465K10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0050%1h206.08−0.068%$331K$724K10x
QFEX CBRS-USD+0.0066%1h206.25+0.015%$1.1M$3.1M10xas long as short
Orderly PERP_CBRS_USDC_mythoslong+0.0100%8h206.22long leg$816$2K10x
KuCoin CBRSUSDTM+0.0100%8h206.27+0.024%$113K$235K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.84−0.184%$24K$139K50xas long as short
Aevo CBRS-PERP+0.0104%1h206.23+0.005%$23910xas long as short
GRVT CBRS_USDT_Perp+0.0161%8h206.17−0.024%$651$223K10xas long as short
Gate CBRS_USDT+0.0219%8h206.40+0.087%$2.9M$3.2M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0381%1h206.24+0.010%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0400%4h206.13−0.043%$23K$222K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0400%1h210.27+1.964%$115K$108K10xas long as short