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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%
Price spread now: Polymarket Perps against OKX−0.105%47s7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$520.516% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.166%+$17 on $10k
Price spread, last 6 days (all we have)+0.467%+$47 · spread now −0.105%, 7d avg −0.050%
Together, before fees+0.632%+$63 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.055% cheaper against OKX than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of −0.050%). If the spread goes back, that is −$5 on $10k: about 3.7 days of funding at the current rate (+$2 a day). At the pace of the last 6 days (+0.166% in total) that is about 44 hours. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CBRS-USDT-SWAP210.030get 0.0000% / 8h4h 36m$2.2M$3.5M25x
ShortPolymarket Perps CBRS-USD209.810.0050get 0.0006% / 1h36m 40s$53K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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: −0.105% → −0.050%
−$5.48
Slippage, 4 orders
−$33.57
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$46.55
Costs to cover
0.516%
Break-even
38.0 days
Slippage from OKX: live order book, 1 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 OKX live order book, 1 min ago0.48 bp16.8 bp −$1754.5 bp −$545doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 1 min ago4.05 bp8.1 bp −$88.1 bp −$8111.7 bp −$1,173doesn'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
edgeX CBRSUSDC−0.0285%4h209.92−0.050%$24K$220K10xas long as short
Aster CBRSUSDT0.0000%8h209.89−0.067%$66K$147K20xas long as short
OKX CBRS-USDT-SWAPlong0.0000%8h210.03long leg$2.2M$3.5M25x
Bitget CBRSUSDT0.0000%8h209.94−0.043%$2.4M$2.7M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.96−0.032%$388$205K10xas long as short
SunX CBRS-USDT0.0000%8h210.16+0.062%$1K$3.0M10xas long as short
HTX CBRS-USDT0.0000%8h210.01−0.010%$9K$9K20xas long as short
Vest CBRS-USD-PERP+0.0022%1h209.59−0.209%$94K10xas long as short
Lighter CBRS+0.0032%1h209.82−0.100%$92K$844K10xas long as short
Phoenix CBRS+0.0038%1h209.82−0.100%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CBRS+0.0050%1h209.73−0.143%$42.9M$3.5M10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h209.81−0.105%$53K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h209.98−0.024%$340K$723K10xas long as short
QFEX CBRS-USD+0.0080%1h209.88−0.071%$1.1M$3.1M10xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0084%1h209.89−0.067%$12K$5K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h209.82−0.100%$115K$115K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.94−0.043%$25K$141K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h209.90−0.062%$862$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h209.92−0.053%$24410xas long as short
Coinbase International CBRS-PERP-INTX+0.0104%1h210.27+0.114%$115K$116K10xas long as short
Variational Omni CBRS+0.0167%8h209.96−0.035%$424K$101Kas long as short
BloFin CBRS-USDT+0.0191%8h209.99−0.019%$148K$69K20xas long as short
Binance CBRSUSDT+0.0205%8h209.93−0.047%$10.3M$29.4M25xas long as short
Extended CBRS_24_5-USD+0.0208%1h209.88−0.072%$45K$260K10xas long as short
Bybit CBRSUSDT+0.0311%8h210.07+0.019%$2.1M$1.9M25xas long as short
Gate CBRS_USDT+0.0330%8h210.10+0.033%$2.9M$2.9M50xas long as short