Funding you earn now, next payment 23:00 UTC−0.0186%/8h= −20.4% APRpaid last 24h +0.019%
Price spread now: Polymarket Perps against Binance+0.001%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 5 days (all we have)+0.091%+$9 on $10k
+Price spread, last 2 days (all we have)−0.069%−$7 · spread now +0.001%, 7d avg −0.060%
=The price spread pays, funding is against you. Polymarket Perps is 0.061% dearer against Binance than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.060%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 5 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.091% in total (about 6.2% 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 | Binance CBRSUSDT | 209.37 | 0.0236 | pay 0.0236% / 8h | 1h 27m | $10.3M | $30.3M | 25x |
| Short | Polymarket Perps CBRS-USD | 209.37 | 0.0050 | get 0.0006% / 1h | 27m 07s | $31K | $1.1M | 10x |
Binance CBRSUSDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$39.14
- Price spread: +0.001% → −0.060%
- $6.06
- Slippage, 4 orders
- −$17.93
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$69.01
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Polymarket Perps: live order book, 1 min ago.
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 Binance live order book, 14 min ago | 1.20 bp | 9.8 bp −$10 | 27.4 bp −$274 | 111.3 bp −$11.1K | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.63 bp | 6.6 bp −$7 | 6.8 bp −$68 | doesn't fit | doesn't fit |
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 | −0.0056% | 1h | 209.10 | −0.128% | $42.8M | $3.6M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0008% | 1h | 208.44 | −0.443% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.09 | −0.134% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.37 | +0.001% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.28 | −0.042% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.015% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | −0.056% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.03 | −0.161% | $1K | $112K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.50 | +0.063% | $832 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.035% | $9K | $6K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0021% | 1h | 209.07 | −0.142% | — | $90K | 10x | as long as short |
| QFEX CBRS-USD | +0.0027% | 1h | 209.28 | −0.042% | $1.1M | $3.3M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.17 | −0.094% | $90K | $890K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 209.37 | +0.001% | $31K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.21 | −0.075% | $349K | $914K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.11 | −0.123% | $143K | $96K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.85 | −0.247% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.33 | −0.018% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.40 | +0.018% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0171% | 8h | 209.33 | −0.019% | $422K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0230% | 8h | 209.50 | +0.063% | $146K | $70K | 20x | as long as short |
| Binance CBRSUSDTlong | +0.0236% | 8h | 209.37 | long leg | $10.3M | $30.3M | 25x | |
| Extended CBRS_24_5-USD | +0.0240% | 1h | 209.33 | −0.019% | $43K | $246K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0294% | 4h | 209.34 | −0.013% | $24K | $219K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0396% | 8h | 209.34 | −0.015% | $682 | $233K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1281% | 1h | 209.36 | −0.004% | $12K | $52K | 10x | as long as short |
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp
Deribit CBRS_USDC-PERPETUAL