CBRS

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0214%/8h= +23.4% APRnext payment +$0.27 per $10,000 · paid last 24h +0.013%

Price spread now: Extended against Polymarket Perps+0.021%49s7-day average +0.041% · 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—prices read too far apart to compare

costs, in and out, $10k−$480.483% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.101%−$10 on $10k

Price spread, last 4 days (all we have)+0.619%+$62 · spread now +0.021%, 7d avg +0.041%

Together, before fees+0.518%+ Points / potential airdropExtended: Active · farm board+$52 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.020% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.041%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 5 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.101% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CBRS-USD	210.06	0.0050	pay 0.0006% / 1h	1m 43s	$54K	$1.1M	10x
Short	Extended CBRS_24_5-USD	210.10	0.0264	get 0.0033% / 1h	1m 43s	$45K	$262K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.021%Rate

Funding earned: $44.94
Price spread: +0.021% → +0.041%: −$2.02
Slippage, 4 orders: −$35.29
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$5.37
Costs to cover: 0.483%
Break-even: 7.8 days

Slippage from Polymarket Perps: live order book, 1 min ago; Extended: live order book, 60 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, 1 min ago	3.57 bp	8.0 bp −$8	8.2 bp −$82	doesn't fit	doesn't fit
Sell Extended live order book, 60 min ago	1.91 bp	16.7 bp −$17	192.7 bp −$1,927	doesn't fit	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
Coinbase International CBRS-PERP-INTX	−0.0056%	1h	210.27	+0.100%	$115K	$116K	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	210.07	+0.005%	$66K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	210.23	+0.081%	$2.2M	$3.5M	25x	as long as short
Bitget CBRSUSDT	0.0000%	8h	210.11	+0.024%	$2.4M	$2.7M	20x	as long as short
Phoenix CBRS	0.0000%	1h	209.95	−0.052%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	210.29	+0.109%	$1K	$3.0M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	210.21	+0.071%	$9K	$9K	20x	as long as short
Vest CBRS-USD-PERP	+0.0022%	1h	209.70	−0.171%	—	$94K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0023%	8h	210.23	+0.081%	$511	$205K	10x	as long as short
Lighter CBRS	+0.0032%	1h	210.00	−0.029%	$91K	$833K	10x	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:CBRS	+0.0050%	1h	209.88	−0.086%	$43.0M	$3.5M	10x	as long as short
Polymarket Perps CBRS-USDlong	+0.0050%	1h	210.06	long leg	$54K	$1.1M	10x
QFEX CBRS-USD	+0.0051%	1h	210.06	0.000%	$1.1M	$3.2M	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0079%	1h	210.12	+0.029%	$341K	$733K	10x	as long as short
KuCoin CBRSUSDTM	+0.0100%	8h	210.03	−0.014%	$115K	$115K	20x	as long as short
ApeX Omni CBRSUSDT	+0.0100%	1h	209.98	−0.038%	$25K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	210.12	+0.029%	$863	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	210.17	+0.052%	$244	—	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.0179%	1h	210.11	+0.024%	$12K	$5K	10x	as long as short
Variational Omni CBRS	+0.0227%	8h	210.15	+0.045%	$425K	$107K	—	as long as short
Extended CBRS_24_5-USDshort	+0.0264%	1h	210.10	+0.021%	$45K	$262K	10x
Binance CBRSUSDT	+0.0265%	8h	210.16	+0.048%	$10.3M	$29.4M	25x	as long as short
Bybit CBRSUSDT	+0.0280%	8h	210.25	+0.090%	$2.1M	$1.9M	25x	as long as short
BloFin CBRS-USDT	+0.0284%	8h	210.07	+0.005%	$105K	$69K	20x	as long as short
Gate CBRS_USDT	+0.0287%	8h	210.30	+0.114%	$2.9M	$3.0M	50x	as long as short
edgeX CBRSUSDC	+0.0749%	4h	210.23	+0.081%	$24K	$220K	10x	as long as short