Funding you earn now, next payment 02:00 UTC−0.0753%/8h= −82.4% APRnext payment −$0.94 per $10,000 · paid last 24h −0.061%
Price spread now: Polymarket Perps against Deribit−0.057%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Polymarket Perps is 0.057% cheaper against Deribit than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 209.22 | 0.0803 | pay 0.0100% / 1h | 4m 44s | $12K | $5K | 10x |
| Short | Polymarket Perps CBRS-USD | 209.10 | 0.0050 | get 0.0006% / 1h | 4m 44s | $55K | $1.1M | 10x |
Deribit CBRS_USDC-PERPETUAL
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. 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
- −$158.05
- Price spread: −0.057% → 0.000%
- −$5.74
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$178.79
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Polymarket Perps: 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 3 min ago | 3.35 bp | 8.3 bp −$8 | 8.5 bp −$85 | 11.9 bp −$1,191 | doesn't fit |
Deribit: 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 25 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 | −0.0159% | 4h | 209.12 | −0.046% | $24K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0057% | 1h | 209.03 | −0.091% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.373% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | +0.009% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.32 | +0.048% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.25 | +0.014% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.04 | −0.086% | $788 | $206K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.52 | +0.143% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.05 | −0.081% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.81 | −0.196% | — | $94K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.01 | −0.100% | $91K | $860K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.20 | −0.010% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.91 | −0.148% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 209.10 | −0.057% | $55K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.18 | −0.019% | $339K | $738K | 10x | as long as short |
| Gate CBRS_USDT | +0.0089% | 8h | 209.40 | +0.086% | $2.9M | $3.0M | 50x | as long as short |
| Bybit CBRSUSDT | +0.0098% | 8h | 209.24 | +0.010% | $2.1M | $1.9M | 25x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.21 | −0.005% | $114K | $118K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.13 | −0.043% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.23 | +0.005% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.27 | +0.024% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0291% | 8h | 209.20 | −0.010% | $423K | $121K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0320% | 1h | 209.21 | −0.007% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0322% | 8h | 209.26 | +0.019% | $10.3M | $29.4M | 25x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | +0.0803% | 1h | 209.22 | long leg | $12K | $5K | 10x |
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
Bybit CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT