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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.012%
Price spread now: Polymarket Perps against Gate−0.053%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$680.679% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.086%+$9 on $10k
Price spread, last 6 days (all we have)+0.117%+$12 · spread now −0.053%, 7d avg −0.092%
Together, before fees+0.202%+$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.039% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate CBRS_USDT208.800get 0.0000% / 8h1h 47m$2.9M$3.1M50x
ShortPolymarket Perps CBRS-USD208.690.0050get 0.0006% / 1h47m 33s$31K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Gate. 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: −0.053% → −0.092%
$3.93
Slippage, 4 orders
−$44.88
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$53.45
Costs to cover
0.679%
Break-even
42.6 days
Slippage from Gate: live order book, 5 min ago; Polymarket Perps: live order book, 1 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 Gate live order book, 5 min ago4.79 bp33.1 bp −$3353.0 bp −$53066.1 bp −$6,615doesn't fit
Sell Polymarket Perps live order book, 1 min ago1.68 bp5.7 bp −$66.0 bp −$6012.0 bp −$1,198doesn'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−0.0142%1h208.52−0.134%$42.7M$3.6M10xas long as short
edgeX CBRSUSDC−0.0138%4h208.76−0.018%$24K$220K10xas long as short
Coinbase International CBRS-PERP-INTX−0.0008%1h208.44−0.172%$114K$114K10xas long as short
Aster CBRSUSDT0.0000%8h208.64−0.078%$65K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h208.82+0.010%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h208.79−0.005%$2.2M$3.6M25xas long as short
Gate CBRS_USDTlong0.0000%8h208.80long leg$2.9M$3.1M50x
Bitget CBRSUSDT0.0000%8h208.81+0.005%$2.4M$2.8M20xas long as short
Phoenix CBRS0.0000%1h208.69−0.053%$1K$112K10xas long as short
SunX CBRS-USDT0.0000%8h208.97+0.081%$1K$3.4M10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit CBRS_USDC-PERPETUAL0.0000%1h208.76−0.019%$12K$52K10xas long as short
HTX CBRS-USDT0.0000%8h208.93+0.062%$9K$6K20xas long as short
Vest CBRS-USD-PERP+0.0023%1h208.71−0.043%$90K10xas long as short
QFEX CBRS-USD+0.0027%1h208.85+0.024%$1.1M$3.3M10xas long as short
Lighter CBRS+0.0032%1h208.71−0.043%$92K$883K10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h208.69−0.053%$31K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h208.70−0.048%$344K$906K10xas long as short
Variational Omni CBRS+0.0080%8h208.75−0.025%$422K$321Kas long as short
KuCoin CBRSUSDTM+0.0100%8h208.76−0.019%$143K$97K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h208.51−0.139%$25K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h208.71−0.043%$857$1K10xas long as short
BloFin CBRS-USDT+0.0102%8h208.92+0.057%$146K$70K20xas long as short
Aevo CBRS-PERP+0.0104%1h208.80−0.001%$24210xas long as short
Extended CBRS_24_5-USD+0.0120%1h208.75−0.022%$43K$246K10xas long as short
Binance CBRSUSDT+0.0126%8h208.79−0.003%$10.3M$30.3M25xas long as short
GRVT CBRS_USDT_Perp+0.0286%8h208.76−0.021%$887$240K10xas long as short