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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0348%/8h= −38.1% APRpaid last 24h −0.035%
Price spread now: Polymarket Perps against Variational Omni−0.091%7-day average −0.063% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.037%+$4 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.091%, 7d avg −0.063%
Together, before fees+0.027%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Polymarket Perps is 0.028% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.063%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.037% in total (about 4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni CBRS210.050.0398pay 0.0398% / 8h7h 08m$424K$321K
ShortPolymarket Perps CBRS-USD209.860.0050get 0.0006% / 1h8m 18s$53K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Variational Omni. 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
−$73.02
Price spread: −0.091% → −0.063%
−$2.77
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$83.8
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Polymarket Perps: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago2.19 bpdoesn't fit34.2 bp −$342doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago2.38 bp6.4 bp −$67.1 bp −$7111.8 bp −$1,182doesn'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
Aster CBRSUSDT0.0000%8h209.95−0.049%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.050.000%$2.2M$3.6M25xas long as short
Bitget CBRSUSDT0.0000%8h210.050.000%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h210.19+0.069%$1K$211K10xas long as short
SunX CBRS-USDT0.0000%8h210.49+0.209%$1K$3.2M10xas long as short
HTX CBRS-USDT0.0000%8h210.39+0.162%$9K$9K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.767%$114K$114K10xas long as short
Gate CBRS_USDT+0.0028%8h210.10+0.024%$2.9M$3.0M50xas long as short
Vest CBRS-USD-PERP+0.0030%1h209.62−0.205%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h209.98−0.033%$1.1M$3.4M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CBRS+0.0032%1h209.79−0.124%$91K$865K10xas long as short
Phoenix CBRS+0.0038%1h209.79−0.124%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h209.80−0.119%$42.9M$3.6M10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h209.86−0.091%$53K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h210.01−0.019%$343K$924K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.98−0.033%$114K$122K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h210.050.000%$25K$137K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.06+0.005%$863$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.07+0.012%$24410xas long as short
Bybit CBRSUSDT+0.0135%8h210.25+0.095%$2.0M$1.9M25xas long as short
edgeX CBRSUSDC+0.0221%4h210.08+0.014%$24K$220K10xas long as short
Variational Omni CBRSlong+0.0398%8h210.05long leg$424K$321K
Extended CBRS_24_5-USD+0.0440%1h209.95−0.046%$46K$270K10xas long as short
Binance CBRSUSDT+0.0442%8h210.04−0.005%$10.3M$29.7M25xas long as short
BloFin CBRS-USDT+0.0445%8h210.21+0.076%$147K$71K20xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1610%1h210.04−0.005%$12K$5K10xas long as short