Funding you earn now, next payment 06:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.044%
Price spread now: Polymarket Perps against Binance−0.112%46s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
Funding, last 6 days (all we have)+0.042%+$4 on $10k
+Price spread, last 6 days (all we have)+0.165%+$16 · spread now −0.112%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.045% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.067%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 205.41 | 0.0126 | pay 0.0126% / 8h | 2h 25m | $10.0M | $30.3M | 25x |
| Short | Polymarket Perps CBRS-USD | 205.18 | 0.0050 | get 0.0006% / 1h | 25m 51s | $50K | $1.1M | 10x |
Binance CBRSUSDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$15.99
- Price spread: −0.112% → −0.067%
- −$4.46
- Slippage, 4 orders
- −$19.87
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$58.32
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from Binance: live order book, 16 min ago; Polymarket Perps: 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 Binance live order book, 16 min ago | 1.46 bp | 8.9 bp −$9 | 34.7 bp −$347 | 125.9 bp −$12.6K | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.44 bp | 6.4 bp −$6 | 6.8 bp −$68 | 10.3 bp −$1,030 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0623% | 8h | 205.44 | +0.015% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0233% | 1h | 205.08 | −0.161% | $41.9M | $3.9M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0172% | 4h | 205.59 | +0.086% | $23K | $219K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.55 | +0.069% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.52 | +0.054% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 205.36 | −0.024% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.70 | +0.141% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.66 | +0.122% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0014% | 1h | 204.95 | −0.224% | — | $105K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 205.30 | −0.054% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0048% | 1h | 205.16 | −0.122% | $89K | $880K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 205.18 | −0.112% | $50K | $1.1M | 10x | |
| Variational Omni CBRS | +0.0063% | 8h | 205.38 | −0.016% | $400K | $85K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.31 | −0.049% | $114K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | +0.088% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.38 | −0.015% | $812 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.38 | −0.015% | $238 | — | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0126% | 8h | 205.41 | long leg | $10.0M | $30.3M | 25x | |
| BloFin CBRS-USDT | +0.0128% | 8h | 205.43 | +0.010% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.32 | −0.043% | $46K | $387K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0130% | 1h | 205.55 | +0.068% | $334K | $714K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0151% | 8h | 205.65 | +0.117% | $512 | $212K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0277% | 8h | 205.41 | 0.000% | $2.0M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0343% | 8h | 205.50 | +0.044% | $2.8M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +2.366% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0969% | 1h | 205.32 | −0.044% | $12K | $5K | 10x | as long as short |
Lighter CBRS
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL