Funding you earn now, next payment 06:00 UTC−0.0183%/8h= −20.0% APRnext payment −$0.23 per $10,000 · paid last 24h −0.083%
Price spread now: Polymarket Perps against Deribit−0.111%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Polymarket Perps is 0.111% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit CBRS_USDC-PERPETUAL | 207.15 | 0.0233 | pay 0.0029% / 1h | 47m 11s | $12K | $5K | 10x |
| Short | Polymarket Perps CBRS-USD | 206.92 | 0.0050 | get 0.0006% / 1h | 47m 11s | $51K | $1.1M | 10x |
Deribit CBRS_USDC-PERPETUAL
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Deribit. 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
- −$38.43
- Price spread: −0.111% → 0.000%
- −$11.1
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$64.53
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: no order-book sample; Polymarket Perps: live order book, 6 min ago. Net counts fees only.
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 Deribit no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 6 min ago | 1.69 bp | 5.7 bp −$6 | 5.9 bp −$59 | 12.2 bp −$1,216 | doesn't fit |
Deribit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0304% | 8h | 207.15 | 0.000% | $2.4M | $2.4M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0175% | 1h | 206.92 | −0.111% | $42.3M | $3.9M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0166% | 4h | 207.21 | +0.031% | $23K | $221K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.06 | −0.041% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.24 | +0.043% | $2.2M | $3.5M | 25x | as long as short |
| Phoenix CBRS | 0.0000% | 1h | 207.07 | −0.039% | $1K | $108K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.55 | +0.193% | $969 | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.33 | +0.087% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0015% | 1h | 206.59 | −0.270% | — | $104K | 10x | as long as short |
| QFEX CBRS-USD | +0.0024% | 1h | 207.12 | −0.014% | $1.1M | $3.1M | 10x | as long as short |
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Phoenix CBRS
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERP
QFEX CBRS-USDShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 206.92 | −0.111% | $51K | $1.1M | 10x | |
| Variational Omni CBRS | +0.0082% | 8h | 207.33 | +0.089% | $403K | $91K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.12 | −0.014% | $116K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.25 | +0.048% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.08 | −0.034% | $819 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.13 | −0.011% | $240 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0128% | 8h | 207.17 | +0.010% | $147K | $70K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0144% | 1h | 207.02 | −0.061% | $44K | $390K | 10x | as long as short |
| Binance CBRSUSDT | +0.0146% | 8h | 207.16 | +0.007% | $10.1M | $30.1M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0149% | 8h | 207.36 | +0.104% | $1K | $213K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUALlong | +0.0233% | 1h | 207.15 | long leg | $12K | $5K | 10x | |
| Ondo Perps CBRS-USD.P | +0.0246% | 1h | 207.13 | −0.010% | $337K | $718K | 10x | as long as short |
| Lighter CBRS | +0.0272% | 1h | 207.10 | −0.024% | $90K | $866K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0315% | 8h | 207.05 | −0.048% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0360% | 8h | 207.30 | +0.072% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0464% | 1h | 210.27 | +1.506% | $115K | $116K | 10x | as long as short |
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Ondo Perps CBRS-USD.P
Lighter CBRS
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX