Funding you earn now, next payment 05:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.02 per $10,000 · paid last 24h −0.023%
Price spread now: QFEX against Polymarket Perps−0.024%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 4 days (all we have)−0.117%−$12 on $10k
+Price spread, last 6 days (all we have)−0.165%−$16 · spread now −0.024%, 7d avg +0.051%
=Funding pays, the price is against you. QFEX is 0.075% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.024% now, against its 7-day average of +0.051%). If the spread goes back, that is −$7 on $10k: about 19 days of funding at the current rate ($0 a day). Mind the row above: over the last 4 days funding on this pair cost −0.117%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CBRS-USD | 206.73 | 0.0050 | pay 0.0006% / 1h | 5m 57s | $51K | $1.1M | 10x |
| Short | QFEX CBRS-USD | 206.68 | 0.0063 | get 0.0008% / 1h | 5m 57s | $1.1M | $3.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.74
- Price spread: −0.024% → +0.051%
- −$7.47
- Slippage, 4 orders
- −$16.03
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.76
- Costs to cover
- 0.340%
- Break-even
- 106.1 days
Slippage from Polymarket Perps: live order book, 2 min ago; QFEX: live order book, 7 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, 2 min ago | 3.15 bp | 8.7 bp −$9 | 9.2 bp −$92 | 11.8 bp −$1,178 | doesn't fit |
| Sell QFEX live order book, 7 min ago | 2.42 bp | 9.2 bp −$9 | 18.6 bp −$186 | 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 | −0.0500% | 4h | 206.59 | −0.068% | $23K | $220K | 10x | as long as short |
| tradeXYZ xyz:CBRS | −0.0346% | 1h | 206.70 | −0.015% | $42.3M | $3.8M | 10x | as long as short |
| Bitget CBRSUSDT | −0.0172% | 8h | 206.99 | +0.126% | $2.4M | $2.4M | 20x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.81 | +0.040% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 207.06 | +0.160% | $2.2M | $3.5M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 207.27 | +0.261% | $1K | $2.9M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 206.67 | −0.029% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0017% | 1h | 206.58 | −0.073% | — | $103K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 206.84 | +0.053% | $89K | $870K | 10x | as long as short |
| Phoenix CBRS | +0.0038% | 1h | 206.37 | −0.174% | $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 | 206.73 | long leg | $51K | $1.1M | 10x | |
| Ondo Perps CBRS-USD.P | +0.0052% | 1h | 206.73 | 0.000% | $336K | $713K | 10x | as long as short |
| QFEX CBRS-USDshort | +0.0063% | 1h | 206.68 | −0.024% | $1.1M | $3.1M | 10x | |
| Variational Omni CBRS | +0.0069% | 8h | 206.97 | +0.116% | $402K | $94K | — | as long as short |
| GRVT CBRS_USDT_Perp | +0.0090% | 8h | 206.59 | −0.068% | $1K | $211K | 10x | as long as short |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 206.69 | −0.019% | $115K | $112K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 206.67 | −0.029% | $24K | $140K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 206.84 | +0.053% | $818 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 206.88 | +0.071% | $240 | — | 10x | as long as short |
| Binance CBRSUSDT | +0.0132% | 8h | 206.98 | +0.121% | $10.1M | $29.8M | 25x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 206.93 | +0.095% | $45K | $323K | 10x | as long as short |
| BloFin CBRS-USDT | +0.0164% | 8h | 206.55 | −0.087% | $147K | $69K | 20x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0288% | 1h | 210.27 | +1.712% | $115K | $116K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0333% | 8h | 206.89 | +0.077% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0338% | 8h | 207.00 | +0.131% | $2.8M | $3.0M | 50x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1008% | 1h | 206.89 | +0.077% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
edgeX CBRSUSDC
tradeXYZ xyz:CBRS
Bitget CBRSUSDT
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Variational Omni CBRS
GRVT CBRS_USDT_Perp
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