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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.282%−$28 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD206.730.0050pay 0.0006% / 1h5m 57s$51K$1.1M10x
ShortQFEX CBRS-USD206.680.0063get 0.0008% / 1h5m 57s$1.1M$3.1M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 2 min ago3.15 bp8.7 bp −$99.2 bp −$9211.8 bp −$1,178doesn't fit
Sell QFEX live order book, 7 min ago2.42 bp9.2 bp −$918.6 bp −$186doesn't fitdoesn'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−0.0500%4h206.59−0.068%$23K$220K10xas long as short
tradeXYZ xyz:CBRS−0.0346%1h206.70−0.015%$42.3M$3.8M10xas long as short
Bitget CBRSUSDT−0.0172%8h206.99+0.126%$2.4M$2.4M20xas long as short
Aster CBRSUSDT0.0000%8h206.81+0.040%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h207.06+0.160%$2.2M$3.5M25xas long as short
SunX CBRS-USDT0.0000%8h207.27+0.261%$1K$2.9M10xas long as short
HTX CBRS-USDT0.0000%8h206.67−0.029%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0017%1h206.58−0.073%$103K10xas long as short
Lighter CBRS+0.0032%1h206.84+0.053%$89K$870K10xas long as short
Phoenix CBRS+0.0038%1h206.37−0.174%$1K$108K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CBRS-USDlong+0.0050%1h206.73long leg$51K$1.1M10x
Ondo Perps CBRS-USD.P+0.0052%1h206.730.000%$336K$713K10xas long as short
QFEX CBRS-USDshort+0.0063%1h206.68−0.024%$1.1M$3.1M10x
Variational Omni CBRS+0.0069%8h206.97+0.116%$402K$94Kas long as short
GRVT CBRS_USDT_Perp+0.0090%8h206.59−0.068%$1K$211K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h206.69−0.019%$115K$112K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.67−0.029%$24K$140K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.84+0.053%$818$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.88+0.071%$24010xas long as short
Binance CBRSUSDT+0.0132%8h206.98+0.121%$10.1M$29.8M25xas long as short
Extended CBRS_24_5-USD+0.0136%1h206.93+0.095%$45K$323K10xas long as short
BloFin CBRS-USDT+0.0164%8h206.55−0.087%$147K$69K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0288%1h210.27+1.712%$115K$116K10xas long as short
Bybit CBRSUSDT+0.0333%8h206.89+0.077%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0338%8h207.00+0.131%$2.8M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.1008%1h206.89+0.077%$12K$5K10xas long as short