Funding you earn now, next payment 08:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h +0.023%
Price spread now: Polymarket Perps against Bybit0.000%7-day average −0.073% · 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−$46as in the Price arb table
costs, in and out, $10k−$530.530% of the position
Funding, last 6 days (all we have)+0.124%+$12 on $10k
+Price spread, last 6 days (all we have)−0.040%−$4 · spread now 0.000%, 7d avg −0.073%
=The price spread pays, funding is against you. Polymarket Perps is 0.073% dearer against Bybit than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.073%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.0 days. Mind the row above: over the last 6 days funding on this pair paid +0.124%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CBRSUSDT | 205.98 | 0.0169 | pay 0.0169% / 8h | 10m 49s | $2.1M | $2.0M | 25x |
| Short | Polymarket Perps CBRS-USD | 205.98 | 0.0050 | get 0.0006% / 1h | 10m 49s | $51K | $1.1M | 10x |
Bybit CBRSUSDT
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bybit. 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
- −$25.05
- Price spread: 0.000% → −0.073%
- $7.31
- Slippage, 4 orders
- −$34.05
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$70.79
- Costs to cover
- 0.530%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: 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 Bybit live order book, 1 min ago | 2.91 bp | 20.1 bp −$20 | 132.6 bp −$1,326 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.91 bp | 6.9 bp −$7 | 7.3 bp −$73 | 12.0 bp −$1,197 | 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 | −0.0401% | 8h | 206.21 | +0.112% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0264% | 1h | 205.88 | −0.049% | $42.2M | $3.9M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.95 | −0.017% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.37 | +0.189% | $2.2M | $3.4M | 25x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 206.18 | +0.099% | $402K | $90K | — | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 206.09 | +0.053% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 206.44 | +0.223% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.40 | +0.204% | $9K | $10K | 20x | as long as short |
| BloFin CBRS-USDT | +0.0019% | 8h | 206.28 | +0.146% | $147K | $72K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0024% | 1h | 205.93 | −0.023% | $44K | $384K | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Variational Omni CBRS
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
BloFin CBRS-USDT
Extended CBRS_24_5-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest CBRS-USD-PERP | +0.0025% | 1h | 205.99 | +0.005% | — | $108K | 10x | as long as short |
| Binance CBRSUSDT | +0.0026% | 8h | 205.95 | −0.015% | $10.1M | $30.6M | 25x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.00 | +0.010% | $94K | $926K | 10x | as long as short |
| QFEX CBRS-USD | +0.0050% | 1h | 206.13 | +0.073% | $1.1M | $3.1M | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 205.98 | 0.000% | $51K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 206.15 | +0.083% | $334K | $717K | 10x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0086% | 8h | 206.26 | +0.135% | $524 | $218K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.03 | +0.024% | $113K | $111K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.30 | +0.155% | $24K | $137K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.20 | +0.107% | $816 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.16 | +0.085% | $239 | — | 10x | as long as short |
| Bybit CBRSUSDTlong | +0.0169% | 8h | 205.98 | long leg | $2.1M | $2.0M | 25x | |
| Gate CBRS_USDT | +0.0385% | 8h | 206.30 | +0.155% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0536% | 1h | 210.27 | +2.083% | $115K | $112K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0672% | 1h | 206.21 | +0.112% | $12K | $5K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0692% | 4h | 206.18 | +0.098% | $23K | $222K | 10x | as long as short |
Vest CBRS-USD-PERP
Binance CBRSUSDT
Lighter CBRS
QFEX CBRS-USD
Ondo Perps CBRS-USD.P
GRVT CBRS_USDT_Perp
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
Deribit CBRS_USDC-PERPETUAL
edgeX CBRSUSDC