Funding you earn now, next payment 10:00 UTC+0.0166%/8h= +18.2% APRnext payment +$0.21 per $10,000 · paid last 24h +0.020%
Price spread now: Ondo Perps against Phoenix+0.048%7-day average +0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.048%, 7d avg +0.034%
=Together, before fees+0.014%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix CBRS | 207.42 | −0.0116 | get 0.0014% / 1h | 27m 08s | $1K | $109K | 10x |
| Short | Ondo Perps CBRS-USD.P | 207.52 | 0.0050 | get 0.0006% / 1h | 27m 08s | $327K | $732K | 10x |
Phoenix CBRS
Ondo Perps CBRS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Phoenix. 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
- $34.92
- Price spread: +0.048% → +0.034%
- $1.44
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- $24.36
- Costs to cover
- 0.120%
- Break-even
- 2.1 days
Slippage unknown: Phoenix: live order book, 11 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 Phoenix live order book, 11 min ago | 10.61 bp | 38.9 bp −$39 | 112.5 bp −$1,125 | doesn't fit | 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0376% | 1h | 207.49 | +0.034% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0232% | 1h | 207.39 | −0.014% | $42.5M | $4.1M | 10x | as long as short |
| Phoenix CBRSlong | −0.0116% | 1h | 207.42 | long leg | $1K | $109K | 10x | |
| QFEX CBRS-USD | −0.0009% | 1h | 207.53 | +0.053% | $1.1M | $3.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.73 | +0.150% | $66K | $149K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 207.67 | +0.121% | $2.1M | $2.2M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.52 | +0.048% | $2.2M | $3.4M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 207.49 | +0.034% | $2.3M | $2.8M | 20x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.89 | +0.227% | $1K | $2.4M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.67 | +0.121% | $9K | $10K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
QFEX CBRS-USD
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 207.65 | +0.111% | — | $106K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.38 | −0.019% | $90K | $1.2M | 10x | as long as short |
| Variational Omni CBRS | +0.0047% | 8h | 207.61 | +0.090% | $398K | $101K | — | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 207.60 | +0.087% | $51K | $462K | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 207.52 | +0.048% | $327K | $732K | 10x | |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 207.45 | +0.015% | $45K | $383K | 10x | as long as short |
| Binance CBRSUSDT | +0.0092% | 8h | 207.52 | +0.050% | $10.2M | $33.0M | 25x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.53 | +0.053% | $821 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.68 | +0.125% | $113K | $288K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.47 | +0.024% | $24K | $139K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.47 | +0.022% | $241 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0123% | 8h | 207.44 | +0.010% | $150K | $75K | 20x | as long as short |
| Gate CBRS_USDT | +0.0253% | 8h | 207.70 | +0.135% | $2.9M | $3.3M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0320% | 1h | 210.27 | +1.374% | $115K | $107K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0550% | 8h | 207.57 | +0.070% | $556 | $232K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0993% | 4h | 207.67 | +0.120% | $23K | $221K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
Variational Omni CBRS
Polymarket Perps CBRS-USD
Extended CBRS_24_5-USD
Binance CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
BloFin CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
GRVT CBRS_USDT_Perp
edgeX CBRSUSDC