Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.017%

Price spread now: Polymarket Perps against HTX−0.029%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Polymarket Perps is 0.029% cheaper against HTX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CBRS-USDT	207.66	0	get 0.0000% / 8h	5h 29m	$9K	$10K	20x
Short	Polymarket Perps CBRS-USD	207.60	0.0050	get 0.0006% / 1h	29m 16s	$51K	$463K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.029%Rate

Funding earned: $10.5
Price spread: −0.029% → 0.000%: −$2.89
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$12.39
Costs to cover: 0.200%
Break-even: 15.3 days

Slippage unknown: HTX: no order-book sample; Polymarket Perps: no order-book sample. 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 HTX no order-book sample	—	—	—	—	—
Sell Polymarket Perps no order-book sample	—	—	—	—	—

HTX and Polymarket Perps: 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 exchanges

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	−0.0906%	4h	207.54	−0.056%	$23K	$222K	10x	as long as short
tradeXYZ xyz:CBRS	−0.0221%	1h	207.51	−0.072%	$42.6M	$4.1M	10x	as long as short
Phoenix CBRS	−0.0116%	1h	207.42	−0.116%	$1K	$109K	10x	as long as short
QFEX CBRS-USD	−0.0009%	1h	207.79	+0.063%	$1.1M	$3.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	207.64	−0.008%	$66K	$149K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	207.73	+0.034%	$2.1M	$2.2M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	207.72	+0.029%	$2.2M	$3.4M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	207.60	−0.029%	$2.3M	$2.8M	20x	as long as short
SunX CBRS-USDT	0.0000%	8h	207.78	+0.058%	$1K	$2.5M	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	0.0000%	1h	207.66	0.000%	$12K	$5K	10x	as long as short

Show all 26 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CBRS-USDTlong	0.0000%	8h	207.66	long leg	$9K	$10K	20x
Vest CBRS-USD-PERP	+0.0019%	1h	208.14	+0.231%	—	$106K	10x	as long as short
Lighter CBRS	+0.0032%	1h	207.47	−0.091%	$90K	$1.2M	10x	as long as short
Variational Omni CBRS	+0.0047%	8h	207.61	−0.026%	$398K	$101K	—	as long as short
Polymarket Perps CBRS-USDshort	+0.0050%	1h	207.60	−0.029%	$51K	$463K	10x
Ondo Perps CBRS-USD.P	+0.0050%	1h	207.60	−0.029%	$327K	$732K	10x	as long as short
Extended CBRS_24_5-USD	+0.0088%	1h	207.65	−0.006%	$45K	$383K	10x	as long as short
Binance CBRSUSDT	+0.0091%	8h	207.63	−0.014%	$10.2M	$33.0M	25x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	207.57	−0.043%	$821	$2K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	207.66	0.000%	$113K	$286K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	207.51	−0.072%	$24K	$139K	50x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	207.60	−0.030%	$241	—	10x	as long as short
BloFin CBRS-USDT	+0.0112%	8h	207.68	+0.010%	$150K	$75K	20x	as long as short
Gate CBRS_USDT	+0.0262%	8h	207.70	+0.019%	$2.9M	$3.3M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0320%	1h	210.27	+1.257%	$115K	$107K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0550%	8h	207.57	−0.046%	$556	$232K	10x	as long as short