Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h −0.070%
Price spread now: tradeXYZ against Orderly−0.110%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and tradeXYZ is 0.110% cheaper against Orderly than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CBRS_USDC_mythos | 209.54 | 0.0100 | pay 0.0100% / 8h | 5h 21m | $860 | $1K | 10x |
| Short | tradeXYZ xyz:CBRS | 209.31 | 0.0012 | get 0.0001% / 1h | 21m 50s | $42.9M | $3.5M | 10x |
Orderly PERP_CBRS_USDC_mythos
tradeXYZ xyz:CBRSFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Orderly. 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
- −$18.57
- Price spread: −0.110% → 0.000%
- −$10.98
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$53.55
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 6 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 6 min ago | 1.20 bp | 13.7 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | 208.44 | −0.525% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.47 | −0.035% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.65 | +0.052% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | −0.048% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.44 | −0.049% | $884 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.30 | −0.115% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.77 | +0.110% | $824 | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.043% | $9K | $9K | 20x | as long as short |
| tradeXYZ xyz:CBRSshort | +0.0012% | 1h | 209.31 | −0.110% | $42.9M | $3.5M | 10x | |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 209.07 | −0.224% | — | $94K | 10x | as long as short |
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.30 | −0.115% | $90K | $831K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.45 | −0.043% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.43 | −0.052% | $339K | $732K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.49 | −0.024% | $1.1M | $3.4M | 10x | as long as short |
| edgeX CBRSUSDC | +0.0065% | 4h | 209.47 | −0.033% | $24K | $220K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.39 | −0.072% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.38 | −0.076% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythoslong | +0.0100% | 8h | 209.54 | long leg | $860 | $1K | 10x | |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.54 | 0.000% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0144% | 8h | 209.47 | −0.033% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0201% | 8h | 209.48 | −0.028% | $423K | $112K | — | as long as short |
| Gate CBRS_USDT | +0.0220% | 8h | 209.70 | +0.076% | $2.9M | $3.0M | 50x | as long as short |
| Extended CBRS_24_5-USD | +0.0248% | 1h | 209.52 | −0.011% | $44K | $266K | 10x | as long as short |
| Binance CBRSUSDT | +0.0250% | 8h | 209.59 | +0.024% | $10.3M | $29.4M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0261% | 8h | 209.56 | +0.010% | $105K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0992% | 1h | 209.53 | −0.005% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Gate CBRS_USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL