Funding you earn now, next payment 02:00 UTC+0.0814%/8h= +89.1% APRpaid last 24h −0.168%
Price spread now: edgeX against Ondo Perps+0.048%54s7-day average +0.016% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 4 days (all we have)−0.168%−$17 · spread now +0.048%, 7d avg +0.016%
=Together, before fees−0.682%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.033% 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 +0.016%. Mind the row above: over the last 7 days funding on this pair cost −0.514%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.514% in total (about -26.8% 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 | 208.99 | 0.0050 | pay 0.0006% / 1h | 36m 26s | $339K | $890K | 10x |
| Short | edgeX CBRSUSDC | 209.09 | 0.0864 | get 0.0432% / 4h | 2h 36m | $24K | $219K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $170.95
- Price spread: +0.048% → +0.016%
- $3.26
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $160.21
- Costs to cover
- 0.140%
- Break-even
- 0.4 days
Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, 31 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 edgeX live order book, 31 min ago | 5.48 bp | 10.3 bp −$10 | 15.5 bp −$155 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0328% | 1h | 208.56 | −0.206% | $42.7M | $3.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0085% | 1h | 209.10 | +0.053% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.263% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.12 | +0.061% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.10 | +0.053% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.15 | +0.077% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.20 | +0.100% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.10 | +0.053% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.17 | +0.084% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.37 | +0.182% | $1K | $3.1M | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CBRS-USDT | 0.0000% | 8h | 209.24 | +0.120% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.83 | −0.077% | — | $97K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0027% | 1h | 208.85 | −0.067% | $53K | $1.1M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.98 | −0.005% | $90K | $845K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.02 | +0.014% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.10 | +0.053% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.Plong | +0.0050% | 1h | 208.99 | long leg | $339K | $890K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.89 | −0.048% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.30 | +0.148% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.06 | +0.033% | $858 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.06 | +0.034% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0347% | 8h | 209.12 | +0.063% | $423K | $235K | — | as long as short |
| Binance CBRSUSDT | +0.0355% | 8h | 209.08 | +0.041% | $10.2M | $29.6M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0360% | 1h | 209.02 | +0.014% | $46K | $268K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.182% | $148K | $71K | 20x | as long as short |
| edgeX CBRSUSDCshort | +0.0864% | 4h | 209.09 | +0.048% | $24K | $219K | 10x |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Polymarket Perps CBRS-USD
Lighter CBRS
Phoenix CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT