Funding you earn now, next payment 07:00 UTC−0.0092%/8h= −10.1% APRpaid last 24h −0.044%
Price spread now: Polymarket Perps against Binance−0.101%7-day average −0.068% · 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−$40as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 6 days (all we have)+0.042%+$4 on $10k
+Price spread, last 6 days (all we have)+0.125%+$12 · spread now −0.101%, 7d avg −0.068%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.033% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CBRSUSDT | 206.12 | 0.0142 | pay 0.0142% / 8h | 1h 15m | $10.1M | $30.5M | 25x |
| Short | Polymarket Perps CBRS-USD | 205.91 | 0.0050 | get 0.0006% / 1h | 15m 07s | $51K | $1.1M | 10x |
Binance CBRSUSDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$19.36
- Price spread: −0.101% → −0.068%
- −$3.31
- Slippage, 4 orders
- −$18.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$59.53
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Polymarket Perps: 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 Binance live order book, 11 min ago | 0.73 bp | 11.8 bp −$12 | 34.7 bp −$347 | 135.8 bp −$13.6K | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.18 bp | 6.2 bp −$6 | 6.2 bp −$62 | 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 | −0.0595% | 8h | 206.15 | +0.016% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0191% | 1h | 205.89 | −0.111% | $42.2M | $4.1M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0082% | 4h | 206.35 | +0.113% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.20 | +0.041% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.11 | −0.004% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.48 | +0.176% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.41 | +0.142% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0021% | 1h | 205.98 | −0.067% | — | $108K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.03 | −0.043% | $91K | $902K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 206.19 | +0.035% | $1K | $108K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
Lighter CBRS
Phoenix CBRSShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 205.91 | −0.101% | $51K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.31 | +0.093% | $336K | $719K | 10x | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 206.08 | −0.018% | $1.1M | $3.0M | 10x | as long as short |
| Variational Omni CBRS | +0.0090% | 8h | 206.26 | +0.071% | $402K | $99K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | −0.043% | $113K | $108K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.20 | +0.040% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.06 | −0.028% | $815 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.05 | −0.032% | $239 | — | 10x | as long as short |
| Binance CBRSUSDTlong | +0.0142% | 8h | 206.12 | long leg | $10.1M | $30.5M | 25x | |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 206.03 | −0.042% | $46K | $391K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0167% | 8h | 206.10 | −0.009% | $146K | $71K | 20x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0187% | 1h | 206.07 | −0.023% | $12K | $5K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0217% | 8h | 206.18 | +0.031% | $449 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0317% | 8h | 206.14 | +0.011% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0382% | 8h | 206.20 | +0.040% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.014% | $115K | $116K | 10x | as long as short |
Ondo Perps CBRS-USD.P
QFEX CBRS-USD
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Deribit CBRS_USDC-PERPETUAL
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX