Funding you earn now, next payment 03:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.005%
Price spread now: Ondo Perps against Gate−0.091%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.055%−$5 · spread now −0.091%, 7d avg −0.031%
=Together, before fees−0.031%+ Points / potential airdropOndo Perps: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.060% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 209.60 | 0.0209 | pay 0.0209% / 8h | 5h 27m | $2.9M | $3.0M | 50x |
| Short | Ondo Perps CBRS-USD.P | 209.41 | 0.0050 | get 0.0006% / 1h | 27m 40s | $339K | $733K | 10x |
Gate CBRS_USDT
Ondo Perps CBRS-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- −$33.31
- Price spread: −0.091% → −0.031%
- −$5.98
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$59.28
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago | 4.77 bp | 16.7 bp −$17 | 33.0 bp −$330 | 50.9 bp −$5,095 | 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 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 | −0.0587% | 4h | 209.43 | −0.081% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.553% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.43 | −0.083% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.41 | −0.091% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.44 | −0.076% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.50 | −0.049% | $884 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.33 | −0.129% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.70 | +0.048% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.64 | +0.019% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.09 | −0.243% | — | $94K | 10x | as long as short |
edgeX CBRSUSDC
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 | −0.143% | $90K | $831K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.31 | −0.138% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 209.38 | −0.105% | $55K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.Pshort | +0.0050% | 1h | 209.41 | −0.091% | $339K | $733K | 10x | |
| QFEX CBRS-USD | +0.0051% | 1h | 209.34 | −0.124% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.33 | −0.129% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | −0.110% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | −0.052% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.46 | −0.069% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0131% | 8h | 209.47 | −0.062% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDTlong | +0.0209% | 8h | 209.60 | long leg | $2.9M | $3.0M | 50x | |
| Variational Omni CBRS | +0.0212% | 8h | 209.49 | −0.052% | $423K | $113K | — | as long as short |
| Binance CBRSUSDT | +0.0252% | 8h | 209.39 | −0.100% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.33 | −0.129% | $44K | $266K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0276% | 8h | 209.52 | −0.038% | $148K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0419% | 1h | 209.41 | −0.091% | $12K | $5K | 10x | as long as short |
Lighter CBRS
tradeXYZ xyz:CBRS
Polymarket Perps CBRS-USD
QFEX CBRS-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL