Funding you earn now, next payment 07:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h 0.000%
Price spread now: Gate against Polymarket Perps+0.141%7-day average +0.094% · 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−$70as in the Price arb table
costs, in and out, $10k−$750.748% of the position
Funding, last 6 days (all we have)−0.089%−$9 on $10k
+Price spread, last 6 days (all we have)−0.099%−$10 · spread now +0.141%, 7d avg +0.094%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Gate is 0.047% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.094%. Mind the row above: over the last 6 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.089% in total (about -5.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 205.91 | 0.0050 | pay 0.0006% / 1h | 15m 10s | $51K | $1.1M | 10x |
| Short | Gate CBRS_USDT | 206.20 | 0.0382 | get 0.0382% / 8h | 1h 15m | $2.9M | $3.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $69.72
- Price spread: +0.141% → +0.094%
- $4.67
- Slippage, 4 orders
- −$51.84
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$0.45
- Costs to cover
- 0.748%
- Break-even
- 7.0 days
Slippage from Polymarket Perps: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 2.18 bp | 9.3 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.84 bp | 20.5 bp −$20 | 123.2 bp −$1,232 | 257.4 bp −$25.7K | 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 | −0.0595% | 8h | 206.15 | +0.117% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0190% | 1h | 205.90 | −0.005% | $42.2M | $4.1M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0082% | 4h | 206.35 | +0.214% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.20 | +0.139% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.11 | +0.097% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.48 | +0.277% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.41 | +0.243% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 205.98 | +0.034% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.03 | +0.058% | $91K | $902K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 206.19 | +0.136% | $1K | $108K | 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 | 205.91 | long leg | $51K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.31 | +0.194% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.08 | +0.083% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0090% | 8h | 206.26 | +0.172% | $402K | $99K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | +0.058% | $113K | $108K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.20 | +0.141% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.06 | +0.073% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | +0.069% | $239 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0142% | 8h | 206.11 | +0.095% | $10.1M | $30.5M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.03 | +0.058% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0167% | 8h | 206.10 | +0.092% | $146K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0187% | 1h | 206.07 | +0.078% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0217% | 8h | 206.18 | +0.132% | $449 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0317% | 8h | 206.15 | +0.117% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDTshort | +0.0382% | 8h | 206.20 | +0.141% | $2.9M | $3.0M | 50x | |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.117% | $115K | $116K | 10x | as long as short |
Polymarket Perps CBRS-USD
Gate CBRS_USDT
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Coinbase International CBRS-PERP-INTX