Funding you earn now, next payment 02:00 UTC+0.0298%/8h= +32.6% APRpaid last 24h +0.044%
Price spread now: Binance against Polymarket Perps+0.224%7-day average +0.059% · 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−$20as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 5 days (all we have)−0.039%−$4 on $10k
+Price spread, last 2 days (all we have)−0.142%−$14 · spread now +0.224%, 7d avg +0.059%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.164% dearer against Polymarket Perps than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.059%.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.039% in total (about -2.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 209.11 | 0.0050 | pay 0.0006% / 1h | 17m 50s | $53K | $1.1M | 10x |
| Short | Binance CBRSUSDT | 209.58 | 0.0348 | get 0.0348% / 8h | 6h 17m | $10.3M | $29.5M | 25x |
Polymarket Perps CBRS-USD
Binance CBRSUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Polymarket Perps. 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
- $62.52
- Price spread: +0.224% → +0.059%
- $16.4
- Slippage, 4 orders
- −$17.96
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $42.96
- Costs to cover
- 0.360%
- Break-even
- 2.2 days
Slippage from Polymarket Perps: live order book, just now; Binance: live order book, 9 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 Polymarket Perps live order book, just now | 3.34 bp | 8.3 bp −$8 | 8.5 bp −$85 | 12.9 bp −$1,288 | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.24 bp | 9.0 bp −$9 | 34.4 bp −$344 | 115.3 bp −$11.5K | doesn't fit |
CBRS on 25 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CBRS | −0.0118% | 1h | 209.46 | +0.167% | $42.9M | $3.5M | 10x | as long as short |
| edgeX CBRSUSDC | −0.0053% | 4h | 209.16 | +0.022% | $24K | $220K | 10x | as long as short |
| Coinbase International CBRS-PERP-INTX | −0.0040% | 1h | 208.44 | −0.320% | $114K | $114K | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 209.46 | +0.165% | $66K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 209.57 | +0.220% | $2.2M | $3.6M | 25x | as long as short |
| Bitget CBRSUSDT | 0.0000% | 8h | 209.58 | +0.225% | $2.4M | $2.8M | 20x | as long as short |
| GRVT CBRS_USDT_Perp | 0.0000% | 8h | 209.19 | +0.038% | $801 | $208K | 10x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 209.88 | +0.368% | $1K | $3.0M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 209.12 | +0.005% | $9K | $9K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0019% | 1h | 208.96 | −0.072% | — | $97K | 10x | as long as short |
tradeXYZ xyz:CBRS
edgeX CBRSUSDC
Coinbase International CBRS-PERP-INTX
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
Bitget CBRSUSDT
GRVT CBRS_USDT_Perp
SunX CBRS-USDT
HTX CBRS-USDT
Vest CBRS-USD-PERPShow all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CBRS | +0.0032% | 1h | 209.28 | +0.081% | $90K | $850K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.0037% | 1h | 209.36 | +0.120% | $12K | $5K | 10x | as long as short |
| QFEX CBRS-USD | +0.0038% | 1h | 209.26 | +0.072% | $1.1M | $3.3M | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 208.97 | −0.067% | $1K | $109K | 10x | as long as short |
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 209.11 | long leg | $53K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 209.24 | +0.062% | $339K | $739K | 10x | as long as short |
| Gate CBRS_USDT | +0.0067% | 8h | 209.60 | +0.234% | $2.9M | $3.0M | 50x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 209.44 | +0.158% | $115K | $120K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 209.17 | +0.029% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 209.35 | +0.115% | $860 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 209.39 | +0.134% | $243 | — | 10x | as long as short |
| Bybit CBRSUSDT | +0.0116% | 8h | 209.61 | +0.239% | $2.1M | $1.9M | 25x | as long as short |
| Variational Omni CBRS | +0.0327% | 8h | 209.15 | +0.020% | $423K | $155K | — | as long as short |
| Extended CBRS_24_5-USD | +0.0344% | 1h | 209.51 | +0.190% | $44K | $271K | 10x | as long as short |
| Binance CBRSUSDTshort | +0.0348% | 8h | 209.58 | +0.224% | $10.3M | $29.5M | 25x |
Lighter CBRS
Deribit CBRS_USDC-PERPETUAL
QFEX CBRS-USD
Phoenix CBRS
Ondo Perps CBRS-USD.P
Gate CBRS_USDT
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Orderly PERP_CBRS_USDC_mythos
Aevo CBRS-PERP
Bybit CBRSUSDT
Variational Omni CBRS
Extended CBRS_24_5-USD