Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.002%
Price spread now: KuCoin against Polymarket Perps−0.019%7-day average +0.049% · 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−$421as in the Price arb table
costs, in and out, $10k−$4144.144% of the position
Funding, last 5 days (all we have)+0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.999%+$100 · spread now −0.019%, 7d avg +0.049%
=Funding pays, the price is against you. KuCoin is 0.068% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.049%). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$2 a day). At the pace of the last 5 days (+0.002% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 209.40 | 0.0050 | pay 0.0006% / 1h | 29m 15s | $55K | $1.1M | 10x |
| Short | KuCoin CBRSUSDTM | 209.36 | 0.0100 | get 0.0100% / 8h | 5h 29m | $114K | $118K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $10.5
- Price spread: −0.019% → +0.049%
- −$6.79
- Slippage, 4 orders
- −$394.4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$410.69
- Costs to cover
- 4.144%
- Break-even
- 280.8 days
Slippage from Polymarket Perps: live order book, 4 min ago; KuCoin: live order book, 59 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, 4 min ago | 3.10 bp | 7.1 bp −$7 | 7.4 bp −$74 | 11.7 bp −$1,174 | doesn't fit |
| Sell KuCoin live order book, 59 min ago | 13.15 bp | 208.9 bp −$209 | doesn't fit | 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 | −0.0587% | 4h | 209.43 | +0.014% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0056% | 1h | 208.44 | −0.458% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.44 | +0.020% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.59 | +0.091% | $2.2M | $3.5M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.45 | +0.024% | $2.4M | $2.7M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.50 | +0.047% | $884 | $204K | 10x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 209.33 | −0.033% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.73 | +0.158% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.64 | +0.115% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 209.10 | −0.143% | — | $94K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.26 | −0.067% | $90K | $831K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 209.30 | −0.048% | $42.9M | $3.5M | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 209.40 | long leg | $55K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.41 | +0.005% | $339K | $733K | 10x | as long as short |
| QFEX CBRS-USD | +0.0051% | 1h | 209.42 | +0.010% | $1.1M | $3.4M | 10x | as long as short |
| KuCoin CBRSUSDTMshort | +0.0100% | 8h | 209.36 | −0.019% | $114K | $118K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.37 | −0.014% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.49 | +0.043% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.48 | +0.037% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0137% | 8h | 209.61 | +0.100% | $2.1M | $1.9M | 25x | as long as short |
| Gate CBRS_USDT | +0.0197% | 8h | 209.60 | +0.096% | $2.9M | $3.0M | 50x | as long as short |
| Variational Omni CBRS | +0.0212% | 8h | 209.49 | +0.044% | $423K | $113K | — | as long as short |
| Binance CBRSUSDT | +0.0255% | 8h | 209.49 | +0.043% | $10.3M | $29.4M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0256% | 1h | 209.43 | +0.015% | $46K | $263K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0276% | 8h | 209.52 | +0.057% | $148K | $69K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0610% | 1h | 209.41 | +0.005% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
KuCoin CBRSUSDTM
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
tradeXYZ xyz:CBRS
ApeX Omni CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL