Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.012%
Price spread now: Polymarket Perps against KuCoin+0.088%49s7-day average −0.046% · 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—prices read too far apart to compare
costs, in and out, $10k−$3983.985% of the position
Funding, last 6 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−1.067%−$107 · spread now +0.088%, 7d avg −0.046%
=The price spread pays, funding is against you. Polymarket Perps is 0.134% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of −0.046%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.9 days. At the pace of the last 6 days (−0.008% in total) that is about 3 months. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin CBRSUSDTM | 205.33 | 0.0100 | pay 0.0100% / 8h | 7h 20m | $113K | $163K | 20x |
| Short | Polymarket Perps CBRS-USD | 205.51 | 0.0050 | get 0.0006% / 1h | 20m 36s | $50K | $471K | 10x |
KuCoin CBRSUSDTM
Polymarket Perps CBRS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- −$10.5
- Price spread: +0.088% → −0.046%
- $13.4
- Slippage, 4 orders
- −$378.49
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$395.58
- Costs to cover
- 3.985%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 63 min ago; Polymarket Perps: live order book, 42 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 KuCoin live order book, 63 min ago | 10.44 bp | 213.1 bp −$213 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 42 min ago | 2.91 bp | 6.9 bp −$7 | 7.2 bp −$72 | 11.7 bp −$1,170 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT CBRS_USDT_Perp | −0.0455% | 8h | 204.29 | −0.507% | $223 | $217K | 10x | as long as short |
| Bitget CBRSUSDT | −0.0256% | 8h | 205.25 | −0.039% | $2.4M | $2.6M | 20x | as long as short |
| Lighter CBRS | −0.0088% | 1h | 205.19 | −0.068% | $92K | $1.1M | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | −0.0042% | 1h | 205.23 | −0.049% | $12K | $5K | 10x | as long as short |
| Phoenix CBRS | −0.0039% | 1h | 203.48 | −0.901% | $1K | $108K | 10x | as long as short |
| Ondo Perps CBRS-USD.P | −0.0018% | 1h | 205.21 | −0.058% | $332K | $717K | 10x | as long as short |
| BloFin CBRS-USDT | −0.0006% | 8h | 205.13 | −0.097% | $148K | $71K | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 205.26 | −0.036% | $65K | $148K | 20x | as long as short |
| Extended CBRS_24_5-USD | 0.0000% | 1h | 205.23 | −0.050% | $46K | $383K | 10x | as long as short |
| Binance CBRSUSDT | 0.0000% | 8h | 205.28 | −0.025% | $10.1M | $31.8M | 25x | as long as short |
GRVT CBRS_USDT_Perp
Bitget CBRSUSDT
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
Phoenix CBRS
Ondo Perps CBRS-USD.P
BloFin CBRS-USDT
Aster CBRSUSDT
Extended CBRS_24_5-USD
Binance CBRSUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit CBRSUSDT | 0.0000% | 8h | 205.38 | +0.024% | $2.1M | $2.1M | 25x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 205.29 | −0.019% | $2.2M | $3.5M | 25x | as long as short |
| Gate CBRS_USDT | 0.0000% | 8h | 205.40 | +0.034% | $2.9M | $3.1M | 50x | as long as short |
| Variational Omni CBRS | 0.0000% | 8h | 205.30 | −0.014% | $394K | $101K | — | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.56 | +0.112% | $1K | $2.7M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 204.42 | −0.443% | $9K | $10K | 20x | as long as short |
| QFEX CBRS-USD | +0.0017% | 1h | 205.16 | −0.083% | $1.1M | $3.1M | 10x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 204.88 | −0.219% | — | $106K | 10x | as long as short |
| tradeXYZ xyz:CBRS | +0.0033% | 1h | 205.21 | −0.058% | $42.0M | $4.0M | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 205.51 | +0.088% | $50K | $471K | 10x | |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.23 | −0.049% | $812 | $2K | 10x | as long as short |
| KuCoin CBRSUSDTMlong | +0.0100% | 8h | 205.33 | long leg | $113K | $163K | 20x | |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 204.32 | −0.492% | $24K | $137K | 50x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.25 | −0.037% | $238 | — | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0480% | 1h | 210.27 | +2.406% | $115K | $108K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0695% | 4h | 204.27 | −0.516% | $23K | $221K | 10x | as long as short |
Bybit CBRSUSDT
OKX CBRS-USDT-SWAP
Gate CBRS_USDT
Variational Omni CBRS
SunX CBRS-USDT
HTX CBRS-USDT
QFEX CBRS-USD
Vest CBRS-USD-PERP
tradeXYZ xyz:CBRS
Orderly PERP_CBRS_USDC_mythos
ApeX Omni CBRSUSDT
Aevo CBRS-PERP
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC