CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0033%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.068%

Price spread now: Ondo Perps against Deribit+0.081%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.081% dearer against Deribit than usual: you sell high and buy low (spread +0.081% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit CBRS_USDC-PERPETUAL	209.81	0.0084	pay 0.0010% / 1h	36m 04s	$12K	$5K	10x
Short	Ondo Perps CBRS-USD.P	209.98	0.0050	get 0.0006% / 1h	36m 04s	$340K	$723K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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

Position, each leg$Hold fordaysFee DeribitbpFee Ondo PerpsbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$7.01
Price spread: +0.081% → 0.000%: $8.1
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$10.9
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Deribit: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Deribit no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Deribit 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 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
edgeX CBRSUSDC	−0.0285%	4h	209.92	+0.055%	$24K	$220K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	209.86	+0.023%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.03	+0.105%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	209.93	+0.057%	$2.4M	$2.7M	20x	as long as short
GRVT CBRS_USDT_Perp	0.0000%	8h	209.96	+0.072%	$388	$205K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.16	+0.167%	$1K	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.01	+0.095%	$9K	$9K	20x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	209.59	−0.105%	—	$94K	10x	as long as short
Lighter CBRS	+0.0032%	1h	209.75	−0.029%	$92K	$844K	10x	as long as short
Phoenix CBRS	+0.0038%	1h	209.82	+0.005%	$1K	$108K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.72	−0.043%	$42.9M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USD	+0.0050%	1h	209.82	+0.005%	$53K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.Pshort	+0.0050%	1h	209.98	+0.081%	$340K	$723K	10x
QFEX CBRS-USD	+0.0080%	1h	209.88	+0.033%	$1.1M	$3.1M	10x	as long as short
Deribit CBRS_USDC-PERPETUALlong	+0.0084%	1h	209.81	long leg	$12K	$5K	10x
KuCoin CBRSUSDTM	+0.0100%	8h	209.82	+0.005%	$115K	$115K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.94	+0.062%	$25K	$141K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	209.87	+0.029%	$862	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	209.90	+0.042%	$243	—	10x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0104%	1h	210.27	+0.219%	$115K	$116K	10x	as long as short
Variational Omni CBRS	+0.0153%	8h	209.91	+0.047%	$424K	$101K	—	as long as short
BloFin CBRS-USDT	+0.0191%	8h	209.99	+0.086%	$148K	$69K	20x	as long as short
Binance CBRSUSDT	+0.0205%	8h	209.94	+0.060%	$10.3M	$29.4M	25x	as long as short
Extended CBRS_24_5-USD	+0.0208%	1h	209.86	+0.022%	$45K	$260K	10x	as long as short
Bybit CBRSUSDT	+0.0311%	8h	210.05	+0.114%	$2.1M	$1.9M	25x	as long as short
Gate CBRS_USDT	+0.0333%	8h	210.10	+0.138%	$2.9M	$2.9M	50x	as long as short