Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.043%
Price spread now: Polymarket Perps against OKX−0.019%7-day average −0.049% · 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−$51as in the Price arb table
costs, in and out, $10k−$540.543% of the position
Funding, last 5 days (all we have)+0.163%+$16 on $10k
+Price spread, last 6 days (all we have)+0.071%+$7 · spread now −0.019%, 7d avg −0.049%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CBRS-USDT-SWAP | 209.36 | 0 | get 0.0000% / 8h | 23m 58s | $2.2M | $3.6M | 25x |
| Short | Polymarket Perps CBRS-USD | 209.32 | 0.0050 | get 0.0006% / 1h | 23m 58s | $57K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against OKX. 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: −0.019% → −0.049%
- $2.97
- Slippage, 4 orders
- −$36.33
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$40.86
- Costs to cover
- 0.543%
- Break-even
- 34.2 days
Slippage from OKX: live order book, 3 min ago; Polymarket Perps: live order book, 4 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 OKX live order book, 3 min ago | 1.91 bp | 21.2 bp −$21 | 58.6 bp −$586 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 3.82 bp | 8.3 bp −$8 | 8.5 bp −$85 | 12.4 bp −$1,240 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | −0.0418% | 1h | 209.37 | +0.005% | $12K | $5K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0151% | 1h | 209.30 | −0.029% | $42.9M | $3.5M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.44 | +0.036% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.57 | +0.100% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAPlong | 0.0000% | 8h | 209.36 | long leg | $2.2M | $3.6M | 25x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.38 | +0.010% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.32 | −0.019% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.63 | +0.129% | $964 | $3.3M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.40 | +0.019% | $9K | $6K | 20x | as long as short |
| Gate CBRS_USDT | +0.0012% | 8h | 209.40 | +0.019% | $2.9M | $3.1M | 50x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0015% | 1h | 209.11 | −0.119% | — | $94K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0016% | 1h | 208.44 | −0.439% | $114K | $114K | 10x | as long as short |
| QFEX CBRS-USD | +0.0021% | 1h | 209.31 | −0.024% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.49 | +0.062% | $91K | $868K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 209.32 | −0.019% | $57K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.28 | −0.038% | $341K | $919K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.41 | +0.024% | $143K | $92K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.34 | −0.010% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.31 | −0.024% | $859 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.43 | +0.034% | $243 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0447% | 8h | 209.38 | +0.008% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0475% | 8h | 209.44 | +0.038% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0480% | 1h | 209.34 | −0.009% | $43K | $246K | 10x | as long as short |
| Binance CBRSUSDT | +0.0484% | 8h | 209.38 | +0.012% | $10.3M | $30.0M | 25x | as long as short |
| edgeX CBRSUSDC | +0.0545% | 4h | 209.27 | −0.041% | $24K | $220K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0564% | 8h | 209.35 | −0.006% | $590 | $223K | 10x | as long as short |
OKX CBRS-USDT-SWAP
Polymarket Perps CBRS-USD
Deribit CBRS_USDC-PERPETUAL
tradeXYZ xyz:CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
Bitget CBRSUSDT
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Lighter CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
edgeX CBRSUSDC
GRVT CBRS_USDT_Perp