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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.032%
Price spread now: SunX against Polymarket Perps+0.230%7-day average +0.168% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1431.435% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.171%−$17 on $10k
Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.230%, 7d avg +0.168%
Together, before fees−0.249%−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.062% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.230% now, against its 7-day average of +0.168%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 6 days (−0.171% in total) that is about 2.0 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD208.550.0050pay 0.0006% / 1h41m 46s$53K$1.1M10x
ShortSunX CBRS-USDT209.030get 0.0000% / 8h3h 41m$794$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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: +0.230% → +0.168%
$6.22
Slippage, 4 orders
−$127.5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$147.78
Costs to cover
1.435%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; SunX: 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 ago3.12 bp8.4 bp −$88.7 bp −$8711.6 bp −$1,161doesn't fit
Sell SunX live order book, 6 min ago30.10 bp79.5 bp −$79doesn't fitdoesn't fitdoesn'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
tradeXYZ xyz:CBRS−0.0391%1h208.47−0.038%$42.7M$3.6M10xas long as short
Aster CBRSUSDT0.0000%8h208.68+0.062%$66K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.79+0.115%$2.2M$3.5M25xas long as short
Bitget CBRSUSDT0.0000%8h208.67+0.058%$2.4M$2.7M20xas long as short
SunX CBRS-USDTshort0.0000%8h209.03+0.230%$794$3.0M10x
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.71+0.077%$12K$5K10xas long as short
HTX CBRS-USDT0.0000%8h208.83+0.134%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h208.45−0.048%$94K10xas long as short
Lighter CBRS+0.0032%1h208.57+0.010%$90K$840K10xas long as short
Phoenix CBRS+0.0038%1h208.63+0.038%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USDlong+0.0050%1h208.55long leg$53K$1.1M10x
QFEX CBRS-USD+0.0063%1h208.76+0.101%$1.1M$3.1M10xas long as short
GRVT CBRS_USDT_Perp+0.0067%8h208.78+0.110%$257$209K10xas long as short
Ondo Perps CBRS-USD.P+0.0072%1h208.91+0.173%$339K$719K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h208.72+0.082%$114K$113K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.79+0.115%$24K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.73+0.086%$826$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h208.67+0.056%$24210xas long as short
Variational Omni CBRS+0.0107%8h208.90+0.167%$421K$89Kas long as short
BloFin CBRS-USDT+0.0138%8h208.76+0.101%$148K$69K20xas long as short
Binance CBRSUSDT+0.0164%8h208.59+0.018%$10.1M$29.5M25xas long as short
Extended CBRS_24_5-USD+0.0168%1h208.63+0.039%$49K$263K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+0.825%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0373%8h208.80+0.120%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0398%8h208.90+0.168%$2.9M$2.9M50xas long as short
edgeX CBRSUSDC+0.0746%4h208.95+0.192%$24K$221K10xas long as short