Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: OKX against Polymarket Perps+0.162%7-day average +0.053% · 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−$48as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 6 days (all we have)−0.169%−$17 on $10k
+Price spread, last 6 days (all we have)−0.149%−$15 · spread now +0.162%, 7d avg +0.053%
=The price spread pays, funding is against you. OKX is 0.109% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.162% now, against its 7-day average of +0.053%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 203.61 | 0.0050 | pay 0.0006% / 1h | 30m 00s | $50K | $472K | 10x |
| Short | OKX CBRS-USDT-SWAP | 203.94 | 0 | get 0.0000% / 8h | 7h 30m | $2.2M | $3.4M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.162% → +0.053%
- $10.91
- Slippage, 4 orders
- −$41.1
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.69
- Costs to cover
- 0.591%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 33 min ago; OKX: live order book, 2 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, 33 min ago | 2.91 bp | 8.8 bp −$9 | 9.0 bp −$90 | 12.7 bp −$1,270 | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.96 bp | 27.4 bp −$27 | 92.6 bp −$926 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0733% | 8h | 204.91 | +0.637% | $775 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0293% | 8h | 203.79 | +0.088% | $2.4M | $2.5M | 20x | as long as short |
| edgeX CBRSUSDC | −0.0193% | 4h | 204.70 | +0.536% | $23K | $221K | 10x | as long as short |
| Lighter CBRS | −0.0184% | 1h | 203.59 | −0.010% | $91K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0162% | 1h | 203.88 | +0.133% | $330K | $705K | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 204.55 | +0.462% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0020% | 8h | 203.96 | +0.172% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.02 | +0.202% | $64K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 203.84 | +0.113% | $43K | $382K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 203.85 | +0.119% | $10.0M | $31.4M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CBRSUSDT | 0.0000% | 8h | 203.72 | +0.054% | $2.0M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 203.94 | +0.162% | $2.2M | $3.4M | 25x | |
| Gate CBRS_USDT | 0.0000% | 8h | 203.80 | +0.093% | $2.8M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 204.08 | +0.231% | $389K | $98K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 204.17 | +0.275% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 204.83 | +0.599% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 203.63 | +0.010% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 203.57 | −0.020% | — | $106K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 203.60 | −0.005% | $41.7M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 203.61 | long leg | $50K | $472K | 10x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 203.74 | +0.064% | $806 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 203.89 | +0.138% | $112K | $153K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 204.70 | +0.535% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 203.74 | +0.062% | $236 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +3.271% | $115K | $108K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0781% | 1h | 203.90 | +0.142% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
OKX CBRS-USDT-SWAP
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
edgeX CBRSUSDC
Lighter CBRS
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
tradeXYZ xyz:CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL