Settings8H · net · $10k
Funding arb · Price arb /

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.137%−$14 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD206.060.0050pay 0.0006% / 1h39m 02s$51K$1.1M10x
ShortBinance CBRSUSDT206.290.0089get 0.0089% / 8h39m 02s$10.1M$30.5M25x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago3.88 bp7.9 bp −$88.1 bp −$8111.8 bp −$1,178doesn't fit
Sell Binance live order book, 2 min ago0.73 bp11.0 bp −$1133.2 bp −$332112.7 bp −$11.3Kdoesn't fit

CBRS on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CBRSUSDT−0.0460%8h206.24+0.087%$2.4M$2.5M20xas long as short
tradeXYZ xyz:CBRS−0.0119%1h205.97−0.044%$42.2M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h206.19+0.064%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.20+0.068%$2.2M$3.4M25xas long as short
Phoenix CBRS0.0000%1h206.10+0.019%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h206.59+0.257%$1K$2.8M10xas long as short
HTX CBRS-USDT0.0000%8h206.43+0.180%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0024%1h205.95−0.053%$108K10xas long as short
Lighter CBRS+0.0032%1h206.00−0.029%$92K$909K10xas long as short
Variational Omni CBRS+0.0035%8h206.29+0.114%$402K$91Kas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0050%1h206.15+0.044%$1.1M$3.0M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h206.06long leg$51K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h206.36+0.146%$335K$717K10xas long as short
BloFin CBRS-USDT+0.0069%8h206.25+0.092%$146K$71K20xas long as short
Extended CBRS_24_5-USD+0.0088%1h206.13+0.033%$44K$388K10xas long as short
Binance CBRSUSDTshort+0.0089%8h206.29+0.112%$10.1M$30.5M25x
KuCoin CBRSUSDTM+0.0100%8h206.03−0.015%$113K$105K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.19+0.063%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.99−0.034%$815$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.22+0.076%$23910xas long as short
GRVT CBRS_USDT_Perp+0.0159%8h206.33+0.131%$635$217K10xas long as short
Bybit CBRSUSDT+0.0253%8h206.15+0.044%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0394%8h206.40+0.165%$2.9M$3.0M50xas long as short
Coinbase International CBRS-PERP-INTX+0.0536%1h210.27+2.043%$115K$112K10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0915%1h206.18+0.058%$12K$5K10xas long as short
edgeX CBRSUSDC+0.0977%4h206.30+0.119%$23K$220K10xas long as short