Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.028%

Price spread now: Ondo Perps against HTX−0.087%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Ondo Perps is 0.087% cheaper against HTX than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 5.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CBRS-USDT	205.81	0	get 0.0000% / 8h	1h 42m	$9K	$10K	20x
Short	Ondo Perps CBRS-USD.P	205.63	0.0050	get 0.0006% / 1h	42m 05s	$335K	$715K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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 HTXbpFee Ondo PerpsbpOrdersPrice spread, now −0.087%Rate

Funding earned: $10.58
Price spread: −0.087% → 0.000%: −$8.75
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$15.16
Costs to cover: 0.170%
Break-even: 17.0 days

Slippage unknown: HTX: 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 HTX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

HTX 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
Bitget CBRSUSDT	−0.0597%	8h	205.64	−0.083%	$2.4M	$2.5M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0154%	1h	205.36	−0.219%	$42.0M	$4.0M	10x	as long as short
edgeX CBRSUSDC	−0.0086%	4h	205.66	−0.074%	$23K	$222K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	205.75	−0.031%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	205.59	−0.107%	$2.2M	$3.5M	25x	as long as short
SunX CBRS-USDT	0.0000%	8h	205.94	+0.063%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDTlong	0.0000%	8h	205.81	long leg	$9K	$10K	20x
Vest CBRS-USD-PERP	+0.0018%	1h	205.46	−0.170%	—	$107K	10x	as long as short
Lighter CBRS	+0.0032%	1h	205.48	−0.160%	$89K	$882K	10x	as long as short
Phoenix CBRS	+0.0039%	1h	205.60	−0.102%	$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
Polymarket Perps CBRS-USD	+0.0050%	1h	205.42	−0.189%	$50K	$1.1M	10x	as long as short
Ondo Perps CBRS-USD.Pshort	+0.0050%	1h	205.63	−0.087%	$335K	$715K	10x
QFEX CBRS-USD	+0.0080%	1h	205.68	−0.063%	$1.1M	$3.0M	10x	as long as short
Variational Omni CBRS	+0.0088%	8h	205.62	−0.093%	$416K	$91K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	205.58	−0.112%	$114K	$110K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	205.59	−0.107%	$24K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	205.59	−0.107%	$813	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	205.59	−0.105%	$238	—	10x	as long as short
Binance CBRSUSDT	+0.0142%	8h	205.66	−0.071%	$10.1M	$30.5M	25x	as long as short
Extended CBRS_24_5-USD	+0.0144%	1h	205.53	−0.135%	$44K	$389K	10x	as long as short
BloFin CBRS-USDT	+0.0161%	8h	205.80	−0.005%	$147K	$71K	20x	as long as short
GRVT CBRS_USDT_Perp	+0.0209%	8h	205.72	−0.043%	$302	$217K	10x	as long as short
Bybit CBRSUSDT	+0.0346%	8h	205.63	−0.087%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0372%	8h	205.80	−0.005%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0600%	1h	210.27	+2.167%	$115K	$116K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.1065%	1h	205.62	−0.092%	$12K	$5K	10x	as long as short