Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.002%
Price spread now: Polymarket Perps against KuCoin+0.024%7-day average −0.049% · 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−$407as in the Price arb table
costs, in and out, $10k−$4144.144% of the position
Funding, last 5 days (all we have)−0.002%$0 on $10k
+Price spread, last 4 days (all we have)−1.003%−$100 · spread now +0.024%, 7d avg −0.049%
=The price spread pays, funding is against you. Polymarket Perps is 0.073% dearer against KuCoin than usual: you sell high and buy low (spread +0.024% now, against its 7-day average of −0.049%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days. At the pace of the last 5 days (−0.002% in total) that is about 9 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 209.36 | 0.0100 | pay 0.0100% / 8h | 5h 29m | $114K | $118K | 20x |
| Short | Polymarket Perps CBRS-USD | 209.41 | 0.0050 | get 0.0006% / 1h | 29m 49s | $55K | $1.1M | 10x |
KuCoin CBRSUSDTM
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- −$10.5
- Price spread: +0.024% → −0.049%
- $7.27
- Slippage, 4 orders
- −$394.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$417.63
- Costs to cover
- 4.144%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 59 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 KuCoin live order book, 59 min ago | 13.15 bp | 189.9 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 3.10 bp | 8.5 bp −$9 | 8.7 bp −$87 | 12.2 bp −$1,219 | 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 | −0.0587% | 4h | 209.43 | +0.033% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.439% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.45 | +0.041% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.59 | +0.110% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | +0.043% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.44 | +0.038% | $896 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.20 | −0.076% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.73 | +0.177% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.64 | +0.134% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.10 | −0.124% | — | $94K | 10x | as long as short |
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.26 | −0.048% | $90K | $831K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.31 | −0.024% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 209.41 | +0.024% | $55K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.35 | −0.005% | $339K | $733K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.42 | +0.029% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 209.36 | long leg | $114K | $118K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.42 | +0.029% | $25K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | +0.062% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.52 | +0.077% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0137% | 8h | 209.60 | +0.115% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0192% | 8h | 209.60 | +0.115% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0212% | 8h | 209.49 | +0.063% | $423K | $113K | — | as long as short |
| BloFin CBRS-USDT | +0.0231% | 8h | 209.43 | +0.033% | $148K | $70K | 20x | as long as short |
| Binance CBRSUSDT | +0.0255% | 8h | 209.49 | +0.062% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.43 | +0.034% | $46K | $263K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0754% | 1h | 209.44 | +0.038% | $12K | $5K | 10x | as long as short |
Lighter CBRS
tradeXYZ xyz:CBRS
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
Deribit CBRS_USDC-PERPETUAL