Funding you earn now, next payment 07:00 UTC+0.0698%/8h= +76.4% APRpaid last 24h +0.032%
Price spread now: Polymarket Perps against Bitget−0.180%7-day average −0.077% · 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−$67as in the Price arb table
costs, in and out, $10k−$570.570% of the position
Funding, last 6 days (all we have)+0.105%+$10 on $10k
+Price spread, last 6 days (all we have)+0.204%+$20 · spread now −0.180%, 7d avg −0.077%
=Funding pays, the price is against you. Polymarket Perps is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread −0.180% now, against its 7-day average of −0.077%). If the spread goes back, that is −$10 on $10k: about 12 hours of funding at the current rate (+$21 a day). At the pace of the last 6 days (+0.105% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.105% in total (about 6.8% 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 | Bitget CBRSUSDT | 205.91 | −0.0648 | get 0.0648% / 8h | 1h 29m | $2.4M | $2.5M | 20x |
| Short | Polymarket Perps CBRS-USD | 205.54 | 0.0050 | get 0.0006% / 1h | 29m 35s | $50K | $1.1M | 10x |
Bitget CBRSUSDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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
- $146.58
- Price spread: −0.180% → −0.077%
- −$10.26
- Slippage, 4 orders
- −$36.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $79.34
- Costs to cover
- 0.570%
- Break-even
- 3.2 days
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 3.64 bp | 23.9 bp −$24 | 30.8 bp −$308 | 68.9 bp −$6,891 | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 3.16 bp | 7.6 bp −$8 | 8.0 bp −$80 | 11.7 bp −$1,167 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0930% | 4h | 205.71 | −0.097% | $23K | $221K | 10x | as long as short |
| Bitget CBRSUSDTlong | −0.0648% | 8h | 205.91 | long leg | $2.4M | $2.5M | 20x | |
| tradeXYZ xyz:CBRS | −0.0204% | 1h | 205.51 | −0.194% | $42.1M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.82 | −0.046% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.88 | −0.015% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.03 | +0.058% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.85 | −0.029% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 205.43 | −0.233% | — | $106K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.57 | −0.165% | $91K | $893K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.44 | −0.228% | $1K | $108K | 10x | as long as short |
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
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 | 205.54 | −0.180% | $50K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.75 | −0.078% | $335K | $717K | 10x | as long as short |
| Variational Omni CBRS | +0.0067% | 8h | 205.72 | −0.093% | $400K | $102K | — | as long as short |
| QFEX CBRS-USD | +0.0080% | 1h | 205.74 | −0.083% | $1.1M | $3.0M | 10x | as long as short |
| BloFin CBRS-USDT | +0.0098% | 8h | 205.79 | −0.058% | $147K | $71K | 20x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.62 | −0.141% | $113K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.59 | −0.155% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.63 | −0.136% | $813 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.67 | −0.117% | $239 | — | 10x | as long as short |
| Extended CBRS_24_5-USD | +0.0128% | 1h | 205.70 | −0.101% | $46K | $391K | 10x | as long as short |
| Binance CBRSUSDT | +0.0136% | 8h | 205.86 | −0.025% | $10.1M | $30.5M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0194% | 8h | 205.76 | −0.072% | $706 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0341% | 8h | 205.76 | −0.073% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0376% | 8h | 205.90 | −0.005% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.117% | $115K | $116K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1649% | 1h | 205.76 | −0.073% | $12K | $5K | 10x | as long as short |
Ondo Perps CBRS-USD.P
Variational Omni CBRS
QFEX CBRS-USD
BloFin CBRS-USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL