Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: Bybit against Orderly+0.034%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—needs both histories
The price spread pays, funding is against you. Bybit is 0.034% dearer against Orderly than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_CBRS_USDC_mythos | 208.75 | 0.0100 | pay 0.0100% / 8h | 1h 46m | $857 | $1K | 10x |
| Short | Bybit CBRSUSDT | 208.82 | 0 | get 0.0000% / 8h | 1h 46m | $2.0M | $1.9M | 25x |
Orderly PERP_CBRS_USDC_mythos
Bybit CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Orderly. 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
- −$21
- Price spread: +0.034% → 0.000%
- $3.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.65
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, just now. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, just now | 2.39 bp | 20.7 bp −$21 | 130.7 bp −$1,307 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0157% | 1h | 208.54 | −0.101% | $42.7M | $3.6M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0138% | 4h | 208.76 | +0.006% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.149% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.65 | −0.050% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDTshort | 0.0000% | 8h | 208.82 | +0.034% | $2.0M | $1.9M | 25x | |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.80 | +0.024% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.80 | +0.024% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.79 | +0.019% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 208.69 | −0.029% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.99 | +0.115% | $1K | $3.4M | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
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 | 208.78 | +0.014% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.81 | +0.029% | $9K | $6K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0023% | 1h | 208.71 | −0.019% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 208.80 | +0.024% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.71 | −0.019% | $92K | $883K | 10x | as long as short |
| Polymarket Perps CBRS-USD | +0.0050% | 1h | 208.70 | −0.024% | $31K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.70 | −0.024% | $344K | $906K | 10x | as long as short |
| Variational Omni CBRS | +0.0080% | 8h | 208.75 | −0.001% | $422K | $321K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.75 | 0.000% | $143K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.51 | −0.115% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythoslong | +0.0100% | 8h | 208.75 | long leg | $857 | $1K | 10x | |
| BloFin CBRS-USDT | +0.0103% | 8h | 208.70 | −0.024% | $146K | $70K | 20x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.80 | +0.024% | $242 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 208.74 | −0.005% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0128% | 8h | 208.80 | +0.023% | $10.3M | $30.3M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0286% | 8h | 208.76 | +0.003% | $887 | $240K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Polymarket Perps CBRS-USD
Ondo Perps CBRS-USD.P
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp