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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.016%
Price spread now: BloFin against Polymarket Perps+0.019%45s7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.085%−$9 on $10k
Price spread, last 3 days (all we have)−0.002%$0 · spread now +0.019%, 7d avg +0.070%
Together, before fees−0.087%−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.051% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.019% now, against its 7-day average of +0.070%). If the spread goes back, that is −$5 on $10k: about 8.0 days of funding at the current rate (+$1 a day). Mind the row above: over the last 5 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD208.380.0050pay 0.0006% / 1h3m 43s$24K$1.1M10x
ShortBloFin CBRS-USDT208.420.0071get 0.0071% / 8h2h 03m$146K$70K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$4.48
Price spread: +0.019% → +0.070%
−$5.12
Slippage, 4 orders
−$21.76
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$42.41
Costs to cover
0.418%
Break-even
73.3 days
Slippage from Polymarket Perps: live order book, 4 min ago; BloFin: live order book, 10 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 ago3.36 bp8.8 bp −$99.0 bp −$9012.4 bp −$1,238doesn't fit
Sell BloFin live order book, 10 min ago1.20 bp11.0 bp −$1123.9 bp −$239doesn't fitdoesn'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
tradeXYZ xyz:CBRS−0.0161%1h208.28−0.048%$42.7M$3.6M10xas long as short
Phoenix CBRS−0.0038%1h208.44+0.029%$1K$112K10xas long as short
Aster CBRSUSDT0.0000%8h208.39+0.006%$65K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.47+0.043%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.58+0.096%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.50+0.058%$2.9M$3.1M50xas long as short
Bitget CBRSUSDT0.0000%8h208.50+0.058%$2.4M$2.8M20xas long as short
SunX CBRS-USDT0.0000%8h208.68+0.144%$1K$3.4M10xas long as short
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.56+0.086%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.54+0.077%$9K$6K20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX CBRS-USD+0.0017%1h208.48+0.048%$1.1M$3.3M10xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.20−0.086%$90K10xas long as short
Variational Omni CBRS+0.0029%8h208.45+0.034%$421K$321Kas long as short
Lighter CBRS+0.0032%1h208.35−0.014%$90K$932K10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h208.38long leg$24K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h208.48+0.048%$329K$884K10xas long as short
Extended CBRS_24_5-USD+0.0064%1h208.49+0.051%$43K$246K10xas long as short
Binance CBRSUSDT+0.0069%8h208.50+0.055%$10.2M$30.3M25xas long as short
BloFin CBRS-USDTshort+0.0071%8h208.42+0.019%$146K$70K20x
Coinbase International CBRS-PERP-INTX+0.0072%1h208.24−0.067%$113K$113K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.35−0.014%$142K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.55+0.082%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.48+0.048%$856$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.54+0.076%$24210xas long as short
GRVT CBRS_USDT_Perp+0.0238%8h208.49+0.052%$901$242K10xas long as short
edgeX CBRSUSDC+0.0978%4h208.44+0.030%$24K$220K10xas long as short