Funding you earn now, next payment 02:00 UTC−0.0045%/8h= −4.9% APRpaid last 24h 0.000%
Price spread now: Polymarket Perps against Gate−0.210%7-day average −0.092% · 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−$81as in the Price arb table
costs, in and out, $10k−$690.694% of the position
Funding, last 5 days (all we have)+0.086%+$9 on $10k
+Price spread, last 6 days (all we have)+0.148%+$15 · spread now −0.210%, 7d avg −0.092%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Polymarket Perps is 0.118% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.092%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CBRS_USDT | 209.40 | 0.0095 | pay 0.0095% / 8h | 6h 23m | $2.9M | $3.0M | 50x |
| Short | Polymarket Perps CBRS-USD | 208.96 | 0.0050 | get 0.0006% / 1h | 23m 35s | $53K | $1.1M | 10x |
Gate CBRS_USDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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
- −$9.45
- Price spread: −0.210% → −0.092%
- −$11.79
- Slippage, 4 orders
- −$46.36
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$90.6
- Costs to cover
- 0.694%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Polymarket Perps: live order book, 5 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 Gate live order book, 4 min ago | 4.78 bp | 19.0 bp −$19 | 36.3 bp −$363 | 50.4 bp −$5,039 | doesn't fit |
| Sell Polymarket Perps live order book, 5 min ago | 2.15 bp | 6.2 bp −$6 | 7.2 bp −$72 | 11.6 bp −$1,157 | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0157% | 1h | 208.94 | −0.220% | $42.8M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.458% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.24 | −0.075% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.35 | −0.024% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.27 | −0.062% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.21 | −0.090% | $801 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.35 | −0.024% | $1K | $3.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 209.31 | −0.043% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.28 | −0.057% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.72 | −0.325% | — | $97K | 10x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
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 | 209.17 | −0.110% | $90K | $850K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.13 | −0.129% | $1.1M | $3.4M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 209.08 | −0.153% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 208.96 | −0.210% | $53K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.20 | −0.096% | $339K | $744K | 10x | as long as short |
| Gate CBRS_USDTlong | +0.0095% | 8h | 209.40 | long leg | $2.9M | $3.0M | 50x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.16 | −0.115% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.09 | −0.148% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.30 | −0.048% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.37 | −0.015% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0135% | 8h | 209.36 | −0.019% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0334% | 8h | 209.21 | −0.093% | $422K | $156K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0360% | 1h | 209.22 | −0.088% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDT | +0.0363% | 8h | 209.21 | −0.091% | $10.3M | $29.5M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0578% | 4h | 209.08 | −0.151% | $24K | $219K | 10x | as long as short |
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
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC