Funding you earn now, next payment 02:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.049%
Price spread now: Binance against Ondo Perps+0.033%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 2 days (all we have)0.000%$0 · spread now +0.033%, 7d avg +0.006%
=Together, before fees+0.043%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.027% dearer against Ondo Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.006%.
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 209.09 | 0.0050 | pay 0.0006% / 1h | 38m 10s | $339K | $891K | 10x |
| Short | Binance CBRSUSDT | 209.16 | 0.0365 | get 0.0365% / 8h | 6h 38m | $10.2M | $29.6M | 25x |
Ondo Perps CBRS-USD.P
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $66.09
- Price spread: +0.033% → +0.006%
- $2.71
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $53.8
- Costs to cover
- 0.150%
- Break-even
- 1.3 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 3 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 1.20 bp | 6.8 bp −$7 | 20.8 bp −$208 | 97.2 bp −$9,718 | doesn't fit |
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 | −0.0753% | 4h | 209.35 | +0.125% | $24K | $219K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0340% | 1h | 208.93 | −0.077% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.311% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.23 | +0.066% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.10 | +0.005% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.16 | +0.033% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | +0.053% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.18 | +0.043% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.20 | +0.052% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.134% | $1K | $3.1M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.13 | +0.019% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.24 | +0.072% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USD | +0.0017% | 1h | 208.92 | −0.081% | $53K | $1.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | −0.124% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.00 | −0.043% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.04 | −0.024% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.03 | −0.029% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 209.09 | long leg | $339K | $891K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.21 | +0.057% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.19 | +0.048% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.18 | +0.043% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.20 | +0.053% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0347% | 8h | 209.12 | +0.016% | $423K | $235K | — | as long as short |
| Binance CBRSUSDTshort | +0.0365% | 8h | 209.16 | +0.033% | $10.2M | $29.6M | 25x | |
| Extended CBRS_24_5-USD | +0.0368% | 1h | 209.11 | +0.010% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.134% | $148K | $71K | 20x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT