Funding you earn now, next payment 08:00 UTC+0.0039%/8h= +4.2% APRpaid last 24h +0.053%
Price spread now: Binance against Polymarket Perps+0.112%7-day average +0.068% · 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−$34as in the Price arb table
costs, in and out, $10k−$390.387% of the position
Funding, last 6 days (all we have)−0.043%−$4 on $10k
+Price spread, last 6 days (all we have)−0.094%−$9 · spread now +0.112%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.044% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 206.06 | 0.0050 | pay 0.0006% / 1h | 39m 02s | $51K | $1.1M | 10x |
| Short | Binance CBRSUSDT | 206.29 | 0.0089 | get 0.0089% / 8h | 39m 02s | $10.1M | $30.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. 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
- $8.15
- Price spread: +0.112% → +0.068%
- $4.41
- Slippage, 4 orders
- −$20.69
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.13
- Costs to cover
- 0.387%
- Break-even
- 29.4 days
Slippage from Polymarket Perps: live order book, 4 min ago; Binance: live order book, 2 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 Polymarket Perps live order book, 4 min ago | 3.88 bp | 7.9 bp −$8 | 8.1 bp −$81 | 11.8 bp −$1,178 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.73 bp | 11.0 bp −$11 | 33.2 bp −$332 | 112.7 bp −$11.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0460% | 8h | 206.24 | +0.087% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0119% | 1h | 205.97 | −0.044% | $42.2M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.19 | +0.064% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.20 | +0.068% | $2.2M | $3.4M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.10 | +0.019% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.59 | +0.257% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.43 | +0.180% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0024% | 1h | 205.95 | −0.053% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.00 | −0.029% | $92K | $909K | 10x | as long as short |
| Variational Omni CBRS | +0.0035% | 8h | 206.29 | +0.114% | $402K | $91K | — | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CBRS-USD | +0.0050% | 1h | 206.15 | +0.044% | $1.1M | $3.0M | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 206.06 | long leg | $51K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.36 | +0.146% | $335K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0069% | 8h | 206.25 | +0.092% | $146K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0088% | 1h | 206.13 | +0.033% | $44K | $388K | 10x | as long as short |
| Binance CBRSUSDTshort | +0.0089% | 8h | 206.29 | +0.112% | $10.1M | $30.5M | 25x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | −0.015% | $113K | $105K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.19 | +0.063% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.99 | −0.034% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.22 | +0.076% | $239 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0159% | 8h | 206.33 | +0.131% | $635 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0253% | 8h | 206.15 | +0.044% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0394% | 8h | 206.40 | +0.165% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.043% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0915% | 1h | 206.18 | +0.058% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0977% | 4h | 206.30 | +0.119% | $23K | $220K | 10x | as long as short |
Polymarket Perps CBRS-USD
Binance CBRSUSDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Variational Omni CBRS
BloFin CBRS-USDT
Extended CBRS_24_5-USD
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC