Funding you earn now, next payment 21:00 UTC+0.0022%/8h= +2.4% APRnext payment +$0.03 per $10,000 · paid last 24h +0.014%
Price spread now: Coinbase International against Polymarket Perps−0.014%7-day average −0.015% · 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−$40as in the Price arb table
costs, in and out, $10k−$400.404% of the position
Funding, last 5 days (all we have)+0.028%+$3 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.014%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 208.27 | 0.0050 | pay 0.0006% / 1h | 10m 47s | $24K | $1.1M | 10x |
| Short | Coinbase International CBRS-PERP-INTX | 208.24 | 0.0072 | get 0.0009% / 1h | 10m 47s | $113K | $113K | 10x |
Polymarket Perps CBRS-USD
Coinbase International CBRS-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $4.62
- Price spread: −0.014% → −0.015%
- $0.03
- Slippage, 4 orders
- −$22.45
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$35.79
- Costs to cover
- 0.404%
- Break-even
- 61.2 days
Slippage from Polymarket Perps: live order book, 2 min ago; Coinbase International: live order book, 12 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, 2 min ago | 2.64 bp | 9.0 bp −$9 | 9.2 bp −$92 | 12.2 bp −$1,223 | doesn't fit |
| Sell Coinbase International live order book, 12 min ago | 6.24 bp | 12.5 bp −$12 | 23.7 bp −$237 | doesn't fit | 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 | −0.0620% | 4h | 208.44 | +0.082% | $24K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0137% | 1h | 208.21 | −0.029% | $42.7M | $3.6M | 10x | as long as short |
| Phoenix CBRS | −0.0038% | 1h | 208.40 | +0.062% | $1K | $112K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.34 | +0.035% | $65K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.43 | +0.077% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 208.48 | +0.101% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 208.50 | +0.110% | $2.9M | $3.1M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.44 | +0.082% | $2.4M | $2.8M | 20x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 208.43 | +0.075% | $421K | $321K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 208.60 | +0.158% | $1K | $3.4M | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Phoenix CBRS
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Bitget CBRSUSDT
Variational Omni CBRS
SunX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit CBRS_USDC-PERPETUAL | 0.0000% | 1h | 208.47 | +0.096% | $12K | $52K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 208.57 | +0.144% | $9K | $6K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 208.42 | +0.072% | $1.1M | $3.2M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0022% | 1h | 208.17 | −0.048% | — | $90K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.32 | +0.024% | $90K | $932K | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0048% | 1h | 208.39 | +0.060% | $43K | $246K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0049% | 8h | 208.43 | +0.077% | $147K | $70K | 20x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 208.27 | long leg | $24K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.41 | +0.067% | $329K | $884K | 10x | as long as short |
| Binance CBRSUSDT | +0.0051% | 8h | 208.42 | +0.072% | $10.2M | $30.3M | 25x | as long as short |
| Coinbase International CBRS-PERP-INTXshort | +0.0072% | 1h | 208.24 | −0.014% | $113K | $113K | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.29 | +0.010% | $142K | $97K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 208.50 | +0.110% | $25K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.44 | +0.082% | $856 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.47 | +0.096% | $242 | — | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0232% | 8h | 208.48 | +0.099% | $901 | $242K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
Lighter CBRS
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Ondo Perps CBRS-USD.P
Binance CBRSUSDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
GRVT CBRS_USDT_Perp