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: Polymarket Perps against SunX−0.229%7-day average −0.170% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1421.423% 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)+0.148%+$15 · spread now −0.229%, 7d avg −0.170%
Together, before fees+0.321%+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.059% cheaper against SunX than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.170%). If the spread goes back, that is −$6 on $10k: about 3.9 days of funding at the current rate (+$2 a day). At the pace of the last 6 days (+0.173% in total) that is about 47 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT205.540get 0.0000% / 8h7h 48m$1K$2.8M10x
ShortPolymarket Perps CBRS-USD205.070.0050get 0.0006% / 1h48m 25s$50K$478K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SunX. 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: −0.229% → −0.170%
−$5.91
Slippage, 4 orders
−$126.34
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$137.75
Costs to cover
1.423%
Break-even
98.8 days
Slippage from SunX: live order book, 9 min ago; Polymarket Perps: live order book, 15 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 SunX live order book, 9 min ago29.31 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 15 min ago2.91 bp6.9 bp −$77.2 bp −$7211.7 bp −$1,170doesn'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−0.0837%8h205.03−0.247%$900$217K10xas long as short
Lighter CBRS−0.0544%1h205.13−0.199%$93K$1.0M10xas long as short
Bitget CBRSUSDT−0.0338%8h205.23−0.151%$2.4M$2.5M20xas long as short
Ondo Perps CBRS-USD.P−0.0224%1h205.14−0.195%$334K$713K10xas long as short
Phoenix CBRS−0.0039%1h204.57−0.472%$1K$108K10xas long as short
Aster CBRSUSDT0.0000%8h205.41−0.062%$65K$147K20xas long as short
Extended CBRS_24_5-USD0.0000%1h205.26−0.137%$44K$385K10xas long as short
Binance CBRSUSDT0.0000%8h205.31−0.112%$10.1M$31.3M25xas long as short
Bybit CBRSUSDT0.0000%8h205.31−0.112%$2.1M$2.1M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.25−0.141%$2.2M$3.4M25xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CBRS_USDT0.0000%8h205.30−0.117%$2.9M$3.0M50xas long as short
Variational Omni CBRS0.0000%8h205.27−0.131%$394K$96Kas long as short
SunX CBRS-USDTlong0.0000%8h205.54long leg$1K$2.8M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h205.34−0.097%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h205.26−0.136%$9K$10K20xas long as short
BloFin CBRS-USDT+0.0005%8h205.37−0.083%$147K$71K20xas long as short
QFEX CBRS-USD+0.0017%1h205.18−0.175%$1.1M$3.1M10xas long as short
Vest CBRS-USD-PERP+0.0018%1h204.91−0.307%$103K10xas long as short
edgeX CBRSUSDC+0.0026%4h205.01−0.259%$23K$221K10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h205.07−0.229%$50K$478K10x
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.30−0.117%$812$2K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h205.23−0.151%$113K$133K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.15−0.190%$24K$137K50xas long as short
Aevo CBRS-PERP+0.0104%1h205.19−0.169%$23810xas long as short
tradeXYZ xyz:CBRS+0.0149%1h205.07−0.229%$42.0M$4.0M10xas long as short
Coinbase International CBRS-PERP-INTX+0.0480%1h210.27+2.301%$115K$108K10xas long as short