Funding you earn now, next payment 02:00 UTC−0.0401%/8h= −43.9% APRpaid last 24h −0.042%
Price spread now: Polymarket Perps against BloFin−0.167%225s7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$390.391% of the position
Funding, last 5 days (all we have)+0.035%+$4 on $10k
+Price spread, last 3 days (all we have)+0.137%+$14 · spread now −0.167%, 7d avg −0.071%
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Polymarket Perps is 0.096% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.071%). Swap the legs. The two prices were read 225 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 5 days it paid 0.035% in total (about 2.4% 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 | BloFin CBRS-USDT | 209.37 | 0.0414 | pay 0.0414% / 8h | 6h 45m | $148K | $71K | 20x |
| Short | Polymarket Perps CBRS-USD | 209.02 | 0.0013 | get 0.0002% / 1h | 45m 22s | $53K | $1.1M | 10x |
BloFin CBRS-USDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$84.27
- Price spread: −0.167% → −0.071%
- −$9.59
- Slippage, 4 orders
- −$19.14
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$133.01
- Costs to cover
- 0.391%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Polymarket Perps: live order book, 3 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 BloFin live order book, 6 min ago | 0.95 bp | 10.3 bp −$10 | 22.4 bp −$224 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 3.83 bp | 8.3 bp −$8 | 8.4 bp −$84 | 11.3 bp −$1,133 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0654% | 4h | 209.27 | −0.047% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0359% | 1h | 209.02 | −0.167% | $42.8M | $3.5M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0132% | 1h | 209.28 | −0.043% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.444% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.40 | +0.015% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.32 | −0.024% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.29 | −0.038% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 209.40 | +0.014% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.22 | −0.072% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.43 | +0.031% | $475 | $210K | 10x | as long as short |
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_PerpShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CBRS-USDT | 0.0000% | 8h | 209.56 | +0.091% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.44 | +0.033% | $9K | $9K | 20x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0013% | 1h | 209.02 | −0.167% | $53K | $1.1M | 10x | |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 208.88 | −0.234% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.27 | −0.048% | $90K | $842K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.16 | −0.100% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.37 | 0.000% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.24 | −0.062% | $339K | $891K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.38 | +0.005% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.44 | +0.033% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | −0.033% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.36 | −0.007% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0366% | 8h | 209.23 | −0.068% | $423K | $235K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0392% | 1h | 209.19 | −0.087% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0392% | 8h | 209.25 | −0.057% | $10.2M | $29.6M | 25x | as long as short |
| BloFin CBRS-USDTlong | +0.0414% | 8h | 209.37 | long leg | $148K | $71K | 20x |
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT