Funding you earn now, next payment 02:00 UTC−0.0038%/8h= −4.1% APRpaid last 24h −0.027%
Price spread now: OKX against Polymarket Perps+0.110%7-day average +0.049% · 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−$47as in the Price arb table
costs, in and out, $10k−$530.533% of the position
Funding, last 5 days (all we have)−0.165%−$16 on $10k
+Price spread, last 6 days (all we have)−0.097%−$10 · spread now +0.110%, 7d avg +0.049%
=The price spread pays, funding is against you. OKX is 0.061% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of +0.049%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days. At the pace of the last 5 days (−0.165% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 208.73 | 0.0038 | pay 0.0005% / 1h | 34m 54s | $53K | $1.1M | 10x |
| Short | OKX CBRS-USDT-SWAP | 208.96 | 0 | get 0.0000% / 8h | 6h 34m | $2.2M | $3.6M | 25x |
Polymarket Perps CBRS-USD
OKX CBRS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$7.93
- Price spread: +0.110% → +0.049%
- $6.11
- Slippage, 4 orders
- −$35.34
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$55.17
- Costs to cover
- 0.533%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; OKX: live order book, 2 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 | 3.83 bp | 8.3 bp −$8 | 8.5 bp −$85 | 11.8 bp −$1,178 | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.24 bp | 20.0 bp −$20 | 63.8 bp −$638 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0305% | 1h | 208.71 | −0.010% | $42.7M | $3.5M | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.139% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 208.83 | +0.047% | $66K | $147K | 20x | as long as short |
| Bybit CBRSUSDT | 0.0000% | 8h | 208.93 | +0.096% | $2.1M | $1.9M | 25x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 208.96 | +0.110% | $2.2M | $3.6M | 25x | |
| Gate CBRS_USDT | 0.0000% | 8h | 209.00 | +0.129% | $2.9M | $3.0M | 50x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 208.95 | +0.105% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.17 | +0.209% | $456 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.22 | +0.235% | $1K | $3.1M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.12 | +0.187% | $9K | $9K | 20x | as long as short |
tradeXYZ xyz:CBRS
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
Bybit CBRSUSDT
Gate CBRS_USDT
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.71 | −0.010% | — | $97K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 208.61 | −0.057% | $90K | $846K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 208.87 | +0.067% | $1.1M | $3.4M | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0038% | 1h | 208.73 | long leg | $53K | $1.1M | 10x | |
| Phoenix CBRS | +0.0038% | 1h | 209.10 | +0.177% | $1K | $109K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 208.96 | +0.110% | $339K | $890K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 208.77 | +0.019% | $114K | $121K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.10 | +0.177% | $24K | $138K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 208.84 | +0.053% | $857 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 208.85 | +0.058% | $242 | — | 10x | as long as short |
| Variational Omni CBRS | +0.0327% | 8h | 208.98 | +0.121% | $422K | $234K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0352% | 1h | 208.90 | +0.080% | $46K | $268K | 10x | as long as short |
| Binance CBRSUSDT | +0.0354% | 8h | 208.96 | +0.110% | $10.2M | $29.7M | 25x | as long as short |
| BloFin CBRS-USDT | +0.0414% | 8h | 209.37 | +0.307% | $148K | $71K | 20x | as long as short |
| edgeX CBRSUSDC | +0.0864% | 4h | 209.09 | +0.173% | $24K | $219K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1044% | 1h | 208.90 | +0.081% | $12K | $5K | 10x | as long as short |
Vest CBRS-USD-PERP
Lighter CBRS
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Variational Omni CBRS
Extended CBRS_24_5-USD
Binance CBRSUSDT
BloFin CBRS-USDT
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL