Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.062%

Price spread now: HTX against Polymarket Perps+0.125%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Polymarket Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. HTX is 0.125% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.125% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CBRS-USD	208.67	0.0050	pay 0.0006% / 1h	48m 54s	$31K	$1.1M	10x
Short	HTX CBRS-USDT	208.93	0	get 0.0000% / 8h	1h 48m	$9K	$6K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee HTXbpOrdersPrice spread, now +0.125%Rate

Funding earned: −$10.5
Price spread: +0.125% → 0.000%: $12.46
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$18.04
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

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, 4 min ago	3.36 bp	7.8 bp −$8	8.2 bp −$82	11.4 bp −$1,142	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0138%	4h	208.76	+0.044%	$24K	$220K	10x	as long as short
tradeXYZ xyz:CBRS	−0.0117%	1h	208.57	−0.048%	$42.7M	$3.6M	10x	as long as short
Coinbase International CBRS-PERP-INTX	−0.0008%	1h	208.44	−0.110%	$114K	$114K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	208.64	−0.012%	$65K	$147K	20x	as long as short
Bybit CBRSUSDT	0.0000%	8h	208.86	+0.091%	$2.0M	$1.9M	25x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	208.77	+0.048%	$2.2M	$3.6M	25x	as long as short
Gate CBRS_USDT	0.0000%	8h	208.80	+0.062%	$2.9M	$3.1M	50x	as long as short
Bitget CBRSUSDT	0.0000%	8h	208.80	+0.062%	$2.4M	$2.8M	20x	as long as short
Phoenix CBRS	0.0000%	1h	208.69	+0.010%	$1K	$112K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	208.97	+0.144%	$1K	$3.4M	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CBRS-USDTshort	0.0000%	8h	208.93	+0.125%	$9K	$6K	20x
Vest CBRS-USD-PERP	+0.0023%	1h	208.69	+0.010%	—	$90K	10x	as long as short
QFEX CBRS-USD	+0.0027%	1h	208.80	+0.062%	$1.1M	$3.3M	10x	as long as short
Lighter CBRS	+0.0032%	1h	208.72	+0.024%	$92K	$883K	10x	as long as short
Polymarket Perps CBRS-USDlong	+0.0050%	1h	208.67	long leg	$31K	$1.1M	10x
Ondo Perps CBRS-USD.P	+0.0050%	1h	208.81	+0.067%	$344K	$906K	10x	as long as short
Variational Omni CBRS	+0.0080%	8h	208.75	+0.037%	$422K	$321K	—	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	208.78	+0.053%	$143K	$97K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	208.46	−0.101%	$25K	$138K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	208.77	+0.048%	$857	$1K	10x	as long as short
BloFin CBRS-USDT	+0.0102%	8h	208.92	+0.120%	$146K	$70K	20x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	208.82	+0.070%	$242	—	10x	as long as short
Binance CBRSUSDT	+0.0120%	8h	208.80	+0.062%	$10.3M	$30.3M	25x	as long as short
Extended CBRS_24_5-USD	+0.0120%	1h	208.77	+0.047%	$43K	$246K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0133%	1h	208.81	+0.067%	$12K	$52K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0286%	8h	208.76	+0.041%	$887	$240K	10x	as long as short