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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+1.000%+$100 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD209.400.0050pay 0.0006% / 1h29m 15s$55K$1.1M10x
ShortKuCoin CBRSUSDTM209.360.0100get 0.0100% / 8h5h 29m$114K$118K20x

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 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: −0.019% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago3.10 bp7.1 bp −$77.4 bp −$7411.7 bp −$1,174doesn't fit
Sell KuCoin live order book, 59 min ago13.15 bp208.9 bp −$209doesn'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
edgeX CBRSUSDC−0.0587%4h209.43+0.014%$24K$220K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0056%1h208.44−0.458%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h209.44+0.020%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h209.59+0.091%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h209.45+0.024%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.50+0.047%$884$204K10xas long as short
Phoenix CBRS0.0000%1h209.33−0.033%$1K$108K10xas long as short
SunX CBRS-USDT0.0000%8h209.73+0.158%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h209.64+0.115%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0019%1h209.10−0.143%$94K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.26−0.067%$90K$831K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.30−0.048%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h209.40long leg$55K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h209.41+0.005%$339K$733K10xas long as short
QFEX CBRS-USD+0.0051%1h209.42+0.010%$1.1M$3.4M10xas long as short
KuCoin CBRSUSDTMshort+0.0100%8h209.36−0.019%$114K$118K20x
ApeX Omni CBRSUSDT+0.0100%1h209.37−0.014%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.49+0.043%$860$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.48+0.037%$24310xas long as short
Bybit CBRSUSDT+0.0137%8h209.61+0.100%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0197%8h209.60+0.096%$2.9M$3.0M50xas long as short
Variational Omni CBRS+0.0212%8h209.49+0.044%$423K$113Kas long as short
Binance CBRSUSDT+0.0255%8h209.49+0.043%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0256%1h209.43+0.015%$46K$263K10xas long as short
BloFin CBRS-USDT+0.0276%8h209.52+0.057%$148K$69K20xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0610%1h209.41+0.005%$12K$5K10xas long as short