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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0614%/8h= −67.2% APRpaid last 24h −0.032%
Price spread now: Bitget against Polymarket Perps+0.112%50s7-day average +0.077% · you sell dearer than you buy
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−$510.515% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.105%−$10 on $10k
Price spread, last 6 days (all we have)−0.136%−$14 · spread now +0.112%, 7d avg +0.077%
Together, before fees−0.241%−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.035% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.112% now, against its 7-day average of +0.077%): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 6 days (−0.105% in total) that is about 45 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.105% in total (about -6.8% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD205.540.0050pay 0.0006% / 1h46m 45s$50K$1.1M10x
ShortBitget CBRSUSDT205.77−0.0564pay 0.0564% / 8h1h 46m$2.4M$2.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$128.94
Price spread: +0.112% → +0.077%
$3.48
Slippage, 4 orders
−$31.47
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$176.92
Costs to cover
0.515%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 1 min ago; Bitget: live order book, 6 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 Polymarket Perps live order book, 1 min ago2.43 bp8.8 bp −$99.0 bp −$9012.1 bp −$1,206doesn't fit
Sell Bitget live order book, 6 min ago3.64 bp18.0 bp −$1825.5 bp −$25580.8 bp −$8,079doesn'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
Bitget CBRSUSDTshort−0.0564%8h205.77+0.112%$2.4M$2.5M20x
tradeXYZ xyz:CBRS−0.0025%1h205.55+0.005%$42.0M$4.0M10xas long as short
Aster CBRSUSDT0.0000%8h205.85+0.151%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h205.74+0.097%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h206.06+0.253%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.12+0.282%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h205.49−0.024%$107K10xas long as short
Lighter CBRS+0.0032%1h205.540.000%$89K$879K10xas long as short
Phoenix CBRS+0.0039%1h205.96+0.204%$1K$108K10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h205.54long leg$50K$1.1M10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h205.67+0.063%$335K$716K10xas long as short
QFEX CBRS-USD+0.0080%1h205.57+0.015%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0095%8h206.03+0.236%$416K$92Kas long as short
KuCoin CBRSUSDTM+0.0100%8h205.68+0.068%$114K$110K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h205.88+0.165%$24K$138K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h205.65+0.054%$813$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h205.73+0.091%$23910xas long as short
BloFin CBRS-USDT+0.0127%8h205.66+0.058%$147K$71K20xas long as short
Extended CBRS_24_5-USD+0.0144%1h205.66+0.061%$44K$389K10xas long as short
Binance CBRSUSDT+0.0146%8h205.72+0.088%$10.1M$30.5M25xas long as short
GRVT CBRS_USDT_Perp+0.0212%8h206.14+0.292%$959$216K10xas long as short
Bybit CBRSUSDT+0.0351%8h205.83+0.141%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0370%8h205.90+0.175%$2.9M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0383%1h205.62+0.039%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+2.301%$115K$116K10xas long as short
edgeX CBRSUSDC+0.0704%4h206.02+0.232%$23K$221K10xas long as short