Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h +0.044%

Price spread now: Binance against Polymarket Perps+0.015%7-day average +0.067% · 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−$45as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on Polymarket Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)−0.041%−$4 on $10k

Price spread, last 6 days (all we have)−0.158%−$16 · spread now +0.015%, 7d avg +0.067%

Together, before fees−0.199%−$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.053% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.067%). If the spread goes back, that is −$5 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CBRS-USD	206.81	0.0050	pay 0.0006% / 1h	18m 11s	$51K	$1.1M	10x
Short	Binance CBRSUSDT	206.84	0.0124	get 0.0124% / 8h	3h 18m	$10.1M	$29.7M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.015%Rate

Funding earned: $15.58
Price spread: +0.015% → +0.067%: −$5.3
Slippage, 4 orders: −$21.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.57
Costs to cover: 0.399%
Break-even: 20.3 days

Slippage from Polymarket Perps: live order book, 5 min ago; Binance: live order book, 8 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, 5 min ago	2.17 bp	9.2 bp −$9	9.7 bp −$97	12.0 bp −$1,199	doesn't fit
Sell Binance live order book, 8 min ago	0.73 bp	13.6 bp −$14	38.5 bp −$385	135.0 bp −$13.5K	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
tradeXYZ xyz:CBRS	−0.0345%	1h	206.53	−0.135%	$42.2M	$3.7M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.90	+0.041%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	206.83	+0.010%	$2.2M	$3.4M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	206.89	+0.039%	$2.4M	$2.4M	20x	as long as short
SunX CBRS-USDT	0.0000%	8h	207.62	+0.392%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	207.52	+0.343%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0018%	1h	206.89	+0.039%	—	$98K	10x	as long as short
Lighter CBRS	+0.0032%	1h	206.72	−0.044%	$89K	$862K	10x	as long as short
Phoenix CBRS	+0.0038%	1h	206.99	+0.087%	$1K	$108K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0050%	8h	207.41	+0.290%	$257	$212K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CBRS-USDlong	+0.0050%	1h	206.81	long leg	$51K	$1.1M	10x
Ondo Perps CBRS-USD.P	+0.0050%	1h	206.85	+0.019%	$336K	$717K	10x	as long as short
QFEX CBRS-USD	+0.0063%	1h	207.08	+0.131%	$1.1M	$3.1M	10x	as long as short
Variational Omni CBRS	+0.0064%	8h	207.41	+0.289%	$418K	$83K	—	as long as short
edgeX CBRSUSDC	+0.0095%	4h	207.40	+0.283%	$23K	$221K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	207.03	+0.106%	$114K	$113K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	207.59	+0.377%	$24K	$140K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.78	−0.015%	$818	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	206.77	−0.018%	$240	—	10x	as long as short
Binance CBRSUSDTshort	+0.0124%	8h	206.84	+0.015%	$10.1M	$29.7M	25x
Extended CBRS_24_5-USD	+0.0128%	1h	206.75	−0.027%	$48K	$258K	10x	as long as short
BloFin CBRS-USDT	+0.0149%	8h	207.11	+0.145%	$147K	$69K	20x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0288%	1h	210.27	+1.673%	$115K	$116K	10x	as long as short
Bybit CBRSUSDT	+0.0341%	8h	206.86	+0.024%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0343%	8h	207.00	+0.092%	$2.8M	$2.9M	50x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0572%	1h	206.86	+0.024%	$12K	$5K	10x	as long as short