Funding you earn now, next payment 05:00 UTC+0.0158%/8h= +17.3% APRnext payment +$0.20 per $10,000 · paid last 24h +0.025%
Price spread now: Coinbase International against Ondo Perps+1.516%7-day average −0.048% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.188%+$19 on $10k
+Price spread, last 4 days (all we have)−1.564%−$156 · spread now +1.516%, 7d avg −0.048%
=Together, before fees−1.376%+ Points / potential airdropOndo Perps: Active · farm board−$138 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 1.564% dearer against Ondo Perps than usual: you sell high and buy low: +$156 more if the spread goes back to its 7-day average of −0.048%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps CBRS-USD.P | 207.13 | 0.0306 | pay 0.0038% / 1h | 44m 50s | $337K | $718K | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 210.27 | 0.0464 | get 0.0058% / 1h | 44m 50s | $115K | $116K | 10x |
Ondo Perps CBRS-USD.P
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $33.26
- Price spread: +1.516% → −0.048%
- $156.42
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $174.68
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Coinbase International: 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 Coinbase International live order book, 3 min ago | 6.76 bp | 12.9 bp −$13 | 24.7 bp −$247 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0308% | 8h | 207.00 | −0.063% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0196% | 1h | 206.84 | −0.140% | $42.3M | $3.9M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0036% | 4h | 207.13 | −0.002% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.02 | −0.054% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.07 | −0.029% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.75 | −0.183% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.097% | $968 | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.097% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.59 | −0.261% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 207.05 | −0.039% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 206.86 | −0.130% | $51K | $1.1M | 10x | as long as short |
| Variational Omni CBRS | +0.0086% | 8h | 206.98 | −0.071% | $403K | $89K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.90 | −0.111% | $116K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.64 | −0.237% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.90 | −0.111% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.93 | −0.095% | $240 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.94 | −0.094% | $44K | $390K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0146% | 8h | 206.99 | −0.068% | $147K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0147% | 8h | 207.04 | −0.043% | $10.1M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0153% | 8h | 207.17 | +0.019% | $1K | $213K | 10x | as long as short |
| Lighter CBRS | +0.0264% | 1h | 206.88 | −0.121% | $90K | $868K | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0306% | 1h | 207.13 | long leg | $337K | $718K | 10x | |
| Bybit CBRSUSDT | +0.0321% | 8h | 207.05 | −0.039% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0362% | 8h | 207.10 | −0.014% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0464% | 1h | 210.27 | +1.516% | $115K | $116K | 10x | |
| Deribit CBRS_USDC-PERPETUAL | +0.1783% | 1h | 206.98 | −0.072% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Lighter CBRS
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL