Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.027%
Price spread now: OKX against Polymarket Perps+0.121%7-day average +0.050% · 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−$49as in the Price arb table
costs, in and out, $10k−$560.558% of the position
Funding, last 6 days (all we have)−0.166%−$17 on $10k
+Price spread, last 6 days (all we have)−0.294%−$29 · spread now +0.121%, 7d avg +0.050%
=The price spread pays, funding is against you. OKX is 0.070% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.050%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 207.15 | 0.0050 | pay 0.0006% / 1h | 13m 49s | $51K | $1.1M | 10x |
| Short | OKX CBRS-USDT-SWAP | 207.40 | 0 | get 0.0000% / 8h | 3h 13m | $2.2M | $3.5M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.5
- Price spread: +0.121% → +0.050%
- $7.03
- Slippage, 4 orders
- −$37.75
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$59.23
- Costs to cover
- 0.558%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; OKX: live order book, 4 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, 4 min ago | 2.17 bp | 6.3 bp −$6 | 7.0 bp −$70 | 16.1 bp −$1,614 | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.48 bp | 20.0 bp −$20 | 66.3 bp −$663 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CBRSUSDC | −0.0944% | 4h | 207.23 | +0.037% | $23K | $221K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0342% | 1h | 207.08 | −0.034% | $42.3M | $3.7M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0023% | 8h | 207.47 | +0.154% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 207.21 | +0.030% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAPshort | 0.0000% | 8h | 207.40 | +0.121% | $2.2M | $3.5M | 25x | |
| SunX CBRS-USDT | 0.0000% | 8h | 207.66 | +0.246% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 207.37 | +0.106% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 207.11 | −0.019% | — | $98K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 207.26 | +0.053% | $89K | $864K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 207.23 | +0.039% | $1K | $108K | 10x | as long as short |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CBRS-USDlong | +0.0050% | 1h | 207.15 | long leg | $51K | $1.1M | 10x | |
| GRVT CBRS_USDT_Perp | +0.0052% | 8h | 207.26 | +0.053% | $1K | $212K | 10x | as long as short |
| QFEX CBRS-USD | +0.0063% | 1h | 207.31 | +0.077% | $1.1M | $3.1M | 10x | as long as short |
| Ondo Perps CBRS-USD.P | +0.0064% | 1h | 207.32 | +0.082% | $336K | $719K | 10x | as long as short |
| Variational Omni CBRS | +0.0065% | 8h | 207.38 | +0.110% | $418K | $82K | — | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 207.37 | +0.106% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 207.37 | +0.106% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 207.29 | +0.068% | $820 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 207.32 | +0.080% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0133% | 8h | 207.38 | +0.110% | $10.1M | $29.7M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 207.26 | +0.054% | $48K | $258K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0150% | 8h | 207.42 | +0.130% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.506% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0354% | 8h | 207.41 | +0.126% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0355% | 8h | 207.50 | +0.169% | $2.8M | $2.9M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1344% | 1h | 207.35 | +0.097% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
OKX CBRS-USDT-SWAP
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
GRVT CBRS_USDT_Perp
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
Binance CBRSUSDT
Extended CBRS_24_5-USD
BloFin CBRS-USDT
Coinbase International CBRS-PERP-INTX
Bybit CBRSUSDT
Gate CBRS_USDT
Deribit CBRS_USDC-PERPETUAL