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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.049%
Price spread now: GRVT against Polymarket Perps+0.029%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.439% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.018%−$2 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now +0.029%, 7d avg +0.076%
Together, before fees+0.150%+ Points / potential airdropGRVT: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.048% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.076%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD209.830.0050pay 0.0006% / 1h41m 31s$53K$1.1M10x
ShortGRVT CBRS_USDT_Perp209.890get 0.0000% / 8h4h 41m$388$205K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
−$10.5
Price spread: +0.029% → +0.076%
−$4.79
Slippage, 4 orders
−$26.9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$59.19
Costs to cover
0.439%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; GRVT: live order book, 16 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, 2 min ago3.57 bp8.0 bp −$88.2 bp −$8212.3 bp −$1,230doesn't fit
Sell GRVT live order book, 16 min ago1.67 bp14.6 bp −$15doesn't fitdoesn'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
Aster CBRSUSDT0.0000%8h209.91+0.037%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.07+0.114%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.98+0.071%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perpshort0.0000%8h209.89+0.029%$388$205K10x
SunX CBRS-USDT0.0000%8h210.09+0.124%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.03+0.095%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.63−0.095%$94K10xas long as short
Lighter CBRS+0.0032%1h209.85+0.010%$90K$841K10xas long as short
Phoenix CBRS+0.0038%1h209.79−0.019%$1K$108K10xas long as short
edgeX CBRSUSDC+0.0042%4h209.94+0.051%$24K$219K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.75−0.038%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h209.83long leg$53K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h209.77−0.029%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.93+0.048%$1.1M$3.1M10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.87+0.019%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.88+0.024%$25K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.94+0.052%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.96+0.061%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.210%$115K$116K10xas long as short
Variational Omni CBRS+0.0177%8h209.85+0.010%$424K$103Kas long as short
BloFin CBRS-USDT+0.0201%8h210.06+0.110%$149K$69K20xas long as short
Binance CBRSUSDT+0.0214%8h209.99+0.076%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0216%1h209.93+0.050%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0305%8h210.15+0.153%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0317%8h210.20+0.176%$2.9M$2.9M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0417%1h209.96+0.062%$12K$5K10xas long as short