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−0.0054%/8h= −5.9% APRnext payment $0.07 per $10,000 · paid last 24h −0.020%
Price spread now: Ondo Perps against Coinbase International−0.138%7-day average +0.078% · 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−0.180%−$18 on $10k
Price spread, last 4 days (all we have)+0.276%+$28 · spread now −0.138%, 7d avg +0.078%
Together, before fees+0.097%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.216% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.078%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International CBRS-PERP-INTX210.270.0104pay 0.0013% / 1h35m 53s$115K$116K10x
ShortOndo Perps CBRS-USD.P209.980.0050get 0.0006% / 1h35m 53s$340K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. 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
−$11.26
Price spread: −0.138% → +0.078%
−$21.56
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$47.82
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 22 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 Coinbase International live order book, 22 min ago3.57 bp14.5 bp −$1521.8 bp −$218doesn't fitdoesn'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
edgeX CBRSUSDC−0.0285%4h209.92−0.164%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.87−0.188%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.03−0.114%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.93−0.162%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.96−0.147%$388$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.16−0.052%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.01−0.124%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.59−0.323%$94K10xas long as short
Lighter CBRS+0.0032%1h209.75−0.247%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.214%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.72−0.262%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USD+0.0050%1h209.82−0.214%$53K$1.1M10xas long as short
Ondo Perps CBRS-USD.Pshort+0.0050%1h209.98−0.138%$340K$723K10x
QFEX CBRS-USD+0.0080%1h209.88−0.185%$1.1M$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.81−0.219%$12K$5K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.82−0.214%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.94−0.157%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.87−0.190%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.90−0.176%$24310xas long as short
Coinbase International CBRS-PERP-INTXlong+0.0104%1h210.27long leg$115K$116K10x
Variational Omni CBRS+0.0153%8h209.91−0.172%$424K$101Kas long as short
BloFin CBRS-USDT+0.0191%8h209.99−0.133%$148K$69K20xas long as short
Binance CBRSUSDT+0.0205%8h209.93−0.162%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.88−0.184%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0311%8h210.06−0.100%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0333%8h210.10−0.081%$2.9M$2.9M50xas long as short