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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.117%−$12 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD204.960.0050pay 0.0006% / 1h33m 17s$50K$472K10x
ShortSunX CBRS-USDT205.010get 0.0000% / 8h7h 33m$1K$2.7M10x

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 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: +0.024% → +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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 30 min ago2.91 bp8.8 bp −$99.0 bp −$9012.7 bp −$1,270doesn't fit
Sell SunX live order book, 4 min ago30.44 bp80.2 bp −$80doesn'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
GRVT CBRS_USDT_Perp−0.0733%8h204.91−0.026%$775$214K10xas long as short
Bitget CBRSUSDT−0.0304%8h204.67−0.141%$2.4M$2.5M20xas long as short
Lighter CBRS−0.0240%1h204.53−0.210%$91K$1.1M10xas long as short
Ondo Perps CBRS-USD.P−0.0210%1h204.58−0.185%$333K$707K10xas long as short
Bybit CBRSUSDT−0.0087%8h204.76−0.098%$2.0M$2.1M25xas long as short
Phoenix CBRS−0.0039%1h204.55−0.200%$1K$108K10xas long as short
BloFin CBRS-USDT−0.0008%8h204.79−0.083%$147K$71K20xas long as short
Aster CBRSUSDT0.0000%8h204.50−0.222%$65K$148K20xas long as short
Extended CBRS_24_5-USD0.0000%1h204.63−0.163%$44K$382K10xas long as short
Binance CBRSUSDT0.0000%8h204.68−0.137%$10.1M$31.2M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CBRS-USDT-SWAP0.0000%8h204.80−0.078%$2.2M$3.4M25xas long as short
Gate CBRS_USDT0.0000%8h204.80−0.078%$2.9M$3.1M50xas long as short
Variational Omni CBRS0.0000%8h204.85−0.056%$392K$98Kas long as short
SunX CBRS-USDTshort0.0000%8h205.01+0.024%$1K$2.7M10x
HTX CBRS-USDT0.0000%8h205.10+0.068%$9K$10K20xas long as short
QFEX CBRS-USD+0.0017%1h204.86−0.049%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h204.79−0.083%$102K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h204.50−0.224%$41.9M$4.0M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h204.96long leg$50K$472K10x
edgeX CBRSUSDC+0.0071%4h204.86−0.051%$23K$221K10xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h204.69−0.132%$810$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h204.78−0.088%$113K$148K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.22+0.127%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h204.62−0.166%$23710xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0288%1h204.55−0.200%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.591%$115K$108K10xas long as short