Funding you earn now, next payment 01:00 UTC+0.0187%/8h= +20.5% APRpaid last 24h +0.003%
Price spread now: Gate against Polymarket Perps+0.148%48s7-day average +0.092% · 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—prices read too far apart to compare
costs, in and out, $10k−$540.538% of the position
Funding, last 5 days (all we have)−0.086%−$9 on $10k
+Price spread, last 6 days (all we have)−0.115%−$11 · spread now +0.148%, 7d avg +0.092%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.056% dearer against Polymarket Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.092%. Mind the row above: over the last 5 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.086% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 209.59 | −0.0187 | get 0.0023% / 1h | 57m 36s | $53K | $1.1M | 10x |
| Short | Gate CBRS_USDT | 209.90 | 0 | get 0.0000% / 8h | 7h 57m | $2.9M | $3.0M | 50x |
Polymarket Perps CBRS-USD
Gate CBRS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $39.31
- Price spread: +0.148% → +0.092%
- $5.61
- Slippage, 4 orders
- −$30.76
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$8.83
- Costs to cover
- 0.538%
- Break-even
- 8.6 days
Slippage from Polymarket Perps: live order book, 1 min ago; Gate: live order book, 5 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, 1 min ago | 3.34 bp | 9.1 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.77 bp | 20.0 bp −$20 | 80.1 bp −$801 | 258.0 bp −$25.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0411% | 1h | 209.58 | −0.005% | $42.9M | $3.6M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0310% | 4h | 209.68 | +0.043% | $24K | $220K | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | −0.0187% | 1h | 209.59 | long leg | $53K | $1.1M | 10x | |
| Aster CBRSUSDT | 0.0000% | 8h | 209.89 | +0.142% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 209.69 | +0.048% | $2.0M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.74 | +0.072% | $2.2M | $3.6M | 25x | as long as short |
| Gate CBRS_USDTshort | 0.0000% | 8h | 209.90 | +0.148% | $2.9M | $3.0M | 50x | |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.73 | +0.067% | $2.4M | $2.8M | 20x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.58 | −0.005% | $1K | $111K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.87 | +0.134% | $1K | $3.2M | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
Phoenix 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 | 209.88 | +0.138% | $12K | $5K | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.83 | +0.115% | $9K | $6K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0024% | 1h | 208.44 | −0.549% | $114K | $114K | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0027% | 1h | 209.22 | −0.177% | — | $98K | 10x | as long as short |
| QFEX CBRS-USD | +0.0031% | 1h | 209.63 | +0.019% | $1.1M | $3.4M | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 209.77 | +0.086% | $91K | $837K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.70 | +0.052% | $344K | $920K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.79 | +0.095% | $143K | $91K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.39 | −0.095% | $24K | $136K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.67 | +0.038% | $861 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.93 | +0.163% | $244 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0498% | 8h | 209.74 | +0.070% | $423K | $321K | — | as long as short |
| BloFin CBRS-USDT | +0.0529% | 8h | 209.80 | +0.100% | $146K | $71K | 20x | as long as short |
| Binance CBRSUSDT | +0.0540% | 8h | 209.60 | +0.007% | $10.3M | $30.0M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0544% | 1h | 209.72 | +0.064% | $43K | $245K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0576% | 8h | 209.76 | +0.079% | $367 | $221K | 10x | as long as short |
Deribit CBRS_USDC-PERPETUAL
HTX CBRS-USDT
Coinbase International CBRS-PERP-INTX
Vest CBRS-USD-PERP
QFEX CBRS-USD
Lighter CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
BloFin CBRS-USDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
GRVT CBRS_USDT_Perp