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−0.0189%/8h= −20.7% APRpaid last 24h −0.049%
Price spread now: Ondo Perps against Binance+0.005%46s7-day average −0.023% · you sell dearer than you buy
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−0.043%−$4 on $10k
Price spread, last 4 days (all we have)+0.601%+$60 · spread now +0.005%, 7d avg −0.023%
Together, before fees+0.558%+ Points / potential airdropOndo Perps: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.028% dearer against Binance than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.023%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.043% in total) that is about 4.5 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% 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
LongBinance CBRSUSDT210.110.0270pay 0.0270% / 8h5h 02m$10.3M$29.4M25x
ShortOndo Perps CBRS-USD.P210.120.0082get 0.0010% / 1h2m 52s$341K$734K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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
−$39.62
Price spread: +0.005% → −0.023%
$2.76
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$51.86
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 8 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 Binance live order book, 8 min ago0.95 bp12.3 bp −$1221.8 bp −$218101.0 bp −$10.1Kdoesn'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+0.076%$115K$116K10xas long as short
Aster CBRSUSDT0.0000%8h210.13+0.011%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.16+0.024%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h210.110.000%$2.4M$2.7M20xas long as short
Phoenix CBRS0.0000%1h209.95−0.076%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h210.29+0.086%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.28+0.081%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.70−0.195%$94K10xas long as short
GRVT CBRS_USDT_Perp+0.0023%8h210.23+0.057%$511$205K10xas long as short
Lighter CBRS+0.0032%1h210.00−0.052%$90K$831K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL+0.0036%1h210.08−0.014%$12K$5K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.88−0.109%$43.0M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h210.00−0.052%$53K$1.1M10xas long as short
QFEX CBRS-USD+0.0051%1h210.01−0.047%$1.1M$3.3M10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0082%1h210.12+0.005%$341K$734K10x
KuCoin CBRSUSDTM+0.0100%8h210.04−0.033%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.98−0.062%$25K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.06−0.024%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.08−0.012%$24410xas long as short
Variational Omni CBRS+0.0227%8h210.15+0.021%$425K$107Kas long as short
Bybit CBRSUSDT+0.0269%8h210.26+0.072%$2.1M$1.9M25xas long as short
Binance CBRSUSDTlong+0.0270%8h210.11long leg$10.3M$29.4M25x
Extended CBRS_24_5-USD+0.0272%1h210.05−0.030%$45K$262K10xas long as short
Gate CBRS_USDT+0.0282%8h210.30+0.091%$2.9M$3.0M50xas long as short
BloFin CBRS-USDT+0.0284%8h210.07−0.019%$105K$69K20xas long as short
edgeX CBRSUSDC+0.0749%4h210.23+0.057%$24K$220K10xas long as short