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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.046%
Price spread now: Bitget against Polymarket Perps+0.043%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$540.545% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.099%−$10 on $10k
Price spread, last 5 days (all we have)−0.031%−$3 · spread now +0.043%, 7d avg +0.078%
Together, before fees−0.130%−$13 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 Bitget is 0.034% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.078%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD208.040.0050pay 0.0006% / 1h32m 23s$25K$1.1M10x
ShortBitget CBRSUSDT208.130get 0.0000% / 8h3h 32m$2.4M$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.043% → +0.078%
−$3.43
Slippage, 4 orders
−$34.49
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.42
Costs to cover
0.545%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Bitget: live order book, 6 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, 1 min ago2.64 bp6.6 bp −$76.8 bp −$68doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago3.60 bp19.2 bp −$1928.7 bp −$28772.9 bp −$7,290doesn'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
Deribit CBRS_USDC-PERPETUAL−0.0134%1h208.13+0.043%$12K$51K10xas long as short
tradeXYZ xyz:CBRS−0.0066%1h207.96−0.038%$42.6M$3.6M10xas long as short
BloFin CBRS-USDT−0.0017%8h208.13+0.043%$148K$69K20xas long as short
Aster CBRSUSDT0.0000%8h208.22+0.089%$65K$147K20xas long as short
Extended CBRS_24_5-USD0.0000%1h208.13+0.042%$42K$246K10xas long as short
Binance CBRSUSDT0.0000%8h208.14+0.048%$10.2M$30.4M25xas long as short
Bybit CBRSUSDT0.0000%8h208.22+0.087%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.12+0.038%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h208.10+0.029%$2.9M$3.2M50xas long as short
Bitget CBRSUSDTshort0.0000%8h208.13+0.043%$2.4M$2.9M20x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni CBRS0.0000%8h208.06+0.009%$415K$316Kas long as short
GRVT CBRS_USDT_Perp0.0000%8h207.98−0.028%$601$243K10xas long as short
Phoenix CBRS0.0000%1h207.91−0.062%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h208.43+0.187%$1K$3.4M10xas long as short
HTX CBRS-USDT0.0000%8h208.21+0.082%$9K$6K20xas long as short
QFEX CBRS-USD+0.0008%1h208.13+0.043%$1.1M$2.8M10xas long as short
Vest CBRS-USD-PERP+0.0024%1h207.96−0.038%$89K10xas long as short
Lighter CBRS+0.0032%1h208.14+0.048%$90K$901K10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h208.04long leg$25K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h208.11+0.034%$335K$886K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0096%1h208.24+0.096%$113K$114K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.18+0.067%$142K$98K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.10+0.029%$25K$135K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.17+0.062%$855$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.14+0.046%$24110xas long as short
edgeX CBRSUSDC+0.0853%4h208.05+0.006%$23K$219K10xas long as short