Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: SunX against Polymarket Perps+0.024%7-day average +0.170% · 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−$159as in the Price arb table
costs, in and out, $10k−$1451.447% of the position
Funding, last 6 days (all we have)−0.173%−$17 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now +0.024%, 7d avg +0.170%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.145% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.170%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 204.96 | 0.0050 | pay 0.0006% / 1h | 33m 17s | $50K | $472K | 10x |
| Short | SunX CBRS-USDT | 205.01 | 0 | get 0.0000% / 8h | 7h 33m | $1K | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: +0.024% → +0.170%
- −$14.51
- Slippage, 4 orders
- −$128.66
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$169.67
- Costs to cover
- 1.447%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 30 min ago; SunX: live order book, 4 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, 30 min ago | 2.91 bp | 8.8 bp −$9 | 9.0 bp −$90 | 12.7 bp −$1,270 | doesn't fit |
| Sell SunX live order book, 4 min ago | 30.44 bp | 80.2 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0733% | 8h | 204.91 | −0.026% | $775 | $214K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0304% | 8h | 204.67 | −0.141% | $2.4M | $2.5M | 20x | as long as short |
| Lighter CBRS | −0.0240% | 1h | 204.53 | −0.210% | $91K | $1.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0210% | 1h | 204.58 | −0.185% | $333K | $707K | 10x | as long as short |
| Bybit CBRSUSDT | −0.0087% | 8h | 204.76 | −0.098% | $2.0M | $2.1M | 25x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 204.55 | −0.200% | $1K | $108K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0008% | 8h | 204.79 | −0.083% | $147K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 204.50 | −0.222% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 204.63 | −0.163% | $44K | $382K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 204.68 | −0.137% | $10.1M | $31.2M | 25x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 204.80 | −0.078% | $2.2M | $3.4M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 204.80 | −0.078% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 204.85 | −0.056% | $392K | $98K | — | as long as short |
| SunX CBRS-USDTshort | 0.0000% | 8h | 205.01 | +0.024% | $1K | $2.7M | 10x | |
| HTX CBRS-USDT | 0.0000% | 8h | 205.10 | +0.068% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 204.86 | −0.049% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0018% | 1h | 204.79 | −0.083% | — | $102K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0050% | 1h | 204.50 | −0.224% | $41.9M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 204.96 | long leg | $50K | $472K | 10x | |
| edgeX CBRSUSDC | +0.0071% | 4h | 204.86 | −0.051% | $23K | $221K | 10x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 204.69 | −0.132% | $810 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 204.78 | −0.088% | $113K | $148K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.22 | +0.127% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 204.62 | −0.166% | $237 | — | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0288% | 1h | 204.55 | −0.200% | $12K | $5K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.591% | $115K | $108K | 10x | as long as short |
Polymarket Perps CBRS-USD
SunX CBRS-USDT
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Bybit CBRSUSDT
Phoenix CBRS
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
HTX CBRS-USDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Deribit CBRS_USDC-PERPETUAL
Coinbase International CBRS-PERP-INTX