Funding arb · Price arb /

CBRS

RWAall CBRS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.002%

Price spread now: KuCoin against Polymarket Perps−0.073%7-day average +0.048% · 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−$411as in the Price arb table

costs, in and out, $10k−$3993.991% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)0.000%$0 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.073%, 7d avg +0.048%

Together, before fees+0.112%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.121% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.073% now, against its 7-day average of +0.048%). If the spread goes back, that is −$12 on $10k: about 8.1 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	206.74	0.0050	pay 0.0006% / 1h	10m 01s	$51K	$1.1M	10x
Short	KuCoin CBRSUSDTM	206.59	0.0100	get 0.0100% / 8h	2h 10m	$115K	$111K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.073%Rate

Funding earned: $10.5
Price spread: −0.073% → +0.048%: −$12.09
Slippage, 4 orders: −$379.09
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$400.69
Costs to cover: 3.991%
Break-even: 274.1 days

Slippage from Polymarket Perps: live order book, 3 min ago; KuCoin: live order book, 39 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	2.66 bp	8.5 bp −$9	8.8 bp −$88	13.0 bp −$1,299	doesn't fit
Sell KuCoin live order book, 39 min ago	7.97 bp	166.3 bp −$166	doesn't fit	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
Bitget CBRSUSDT	−0.0638%	8h	207.00	+0.126%	$2.4M	$2.4M	20x	as long as short
tradeXYZ xyz:CBRS	−0.0124%	1h	206.67	−0.034%	$42.2M	$4.0M	10x	as long as short
Aster CBRSUSDT	0.0000%	8h	206.97	+0.111%	$65K	$147K	20x	as long as short
OKX CBRS-USDT-SWAP	0.0000%	8h	207.00	+0.126%	$2.2M	$3.5M	25x	as long as short
Phoenix CBRS	0.0000%	1h	205.97	−0.372%	$1K	$108K	10x	as long as short
SunX CBRS-USDT	0.0000%	8h	207.25	+0.247%	$1K	$2.9M	10x	as long as short
HTX CBRS-USDT	0.0000%	8h	206.77	+0.015%	$9K	$10K	20x	as long as short
Vest CBRS-USD-PERP	+0.0015%	1h	206.51	−0.111%	—	$107K	10x	as long as short
QFEX CBRS-USD	+0.0024%	1h	206.88	+0.068%	$1.1M	$3.1M	10x	as long as short
Lighter CBRS	+0.0032%	1h	206.60	−0.068%	$90K	$887K	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	206.74	long leg	$51K	$1.1M	10x
Variational Omni CBRS	+0.0092%	8h	206.91	+0.084%	$417K	$96K	—	as long as short
KuCoin CBRSUSDTMshort	+0.0100%	8h	206.59	−0.073%	$115K	$111K	20x
ApeX Omni CBRSUSDT	+0.0100%	1h	206.17	−0.276%	$24K	$139K	50x	as long as short
Orderly PERP_CBRS_USDC_mythos	+0.0100%	8h	206.86	+0.058%	$818	$1K	10x	as long as short
Aevo CBRS-PERP	+0.0104%	1h	206.90	+0.076%	$240	—	10x	as long as short
BloFin CBRS-USDT	+0.0115%	8h	206.98	+0.116%	$147K	$70K	20x	as long as short
Binance CBRSUSDT	+0.0148%	8h	206.95	+0.102%	$10.1M	$30.4M	25x	as long as short
Extended CBRS_24_5-USD	+0.0152%	1h	206.85	+0.055%	$44K	$389K	10x	as long as short
GRVT CBRS_USDT_Perp	+0.0171%	8h	206.01	−0.353%	$554	$214K	10x	as long as short
Ondo Perps CBRS-USD.P	+0.0194%	1h	206.92	+0.087%	$336K	$719K	10x	as long as short
Bybit CBRSUSDT	+0.0324%	8h	207.04	+0.145%	$2.1M	$2.0M	25x	as long as short
Gate CBRS_USDT	+0.0347%	8h	207.10	+0.174%	$2.9M	$3.0M	50x	as long as short
Coinbase International CBRS-PERP-INTX	+0.0464%	1h	210.27	+1.707%	$115K	$116K	10x	as long as short
edgeX CBRSUSDC	+0.0899%	4h	206.49	−0.121%	$23K	$220K	10x	as long as short
Deribit CBRS_USDC-PERPETUAL	+0.1929%	1h	206.92	+0.087%	$12K	$5K	10x	as long as short