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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.032%
Price spread now: SunX against Polymarket Perps+0.200%7-day average +0.166% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1421.425% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.168%−$17 on $10k
Price spread, last 3 days (all we have)−0.052%−$5 · spread now +0.200%, 7d avg +0.166%
Together, before fees−0.220%−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.033% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.200% now, against its 7-day average of +0.166%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 5 days (−0.168% in total) that is about 26 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps CBRS-USD210.140.0050pay 0.0006% / 1h48m 17s$55K$1.1M10x
ShortSunX CBRS-USDT210.560get 0.0000% / 8h7h 48m$1K$3.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.5
Price spread: +0.200% → +0.166%
$3.35
Slippage, 4 orders
−$126.5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$149.65
Costs to cover
1.425%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; SunX: live order book, 9 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, 5 min ago3.34 bp7.7 bp −$88.0 bp −$8011.0 bp −$1,097doesn't fit
Sell SunX live order book, 9 min ago29.76 bp79.0 bp −$79doesn't fitdoesn'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−0.0681%4h209.88−0.124%$24K$221K10xas long as short
Aster CBRSUSDT0.0000%8h210.27+0.061%$66K$147K20xas long as short
Bybit CBRSUSDT0.0000%8h210.41+0.128%$2.0M$1.9M25xas long as short
OKX CBRS-USDT-SWAP0.0000%8h210.35+0.100%$2.2M$3.6M25xas long as short
Gate CBRS_USDT0.0000%8h210.30+0.076%$2.9M$3.0M50xas long as short
Bitget CBRSUSDT0.0000%8h210.19+0.024%$2.4M$2.8M20xas long as short
GRVT CBRS_USDT_Perp0.0000%8h209.91−0.108%$359$218K10xas long as short
SunX CBRS-USDTshort0.0000%8h210.56+0.200%$1K$3.2M10x
HTX CBRS-USDT0.0000%8h209.94−0.095%$9K$6K20xas long as short
Coinbase International CBRS-PERP-INTX+0.0024%1h208.44−0.809%$114K$114K10xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest CBRS-USD-PERP+0.0028%1h209.80−0.162%$98K10xas long as short
QFEX CBRS-USD+0.0031%1h210.29+0.071%$1.1M$3.4M10xas long as short
Lighter CBRS+0.0032%1h210.06−0.038%$91K$843K10xas long as short
Phoenix CBRS+0.0038%1h209.78−0.171%$1K$111K10xas long as short
tradeXYZ xyz:CBRS+0.0050%1h210.01−0.062%$43.0M$3.6M10xas long as short
Polymarket Perps CBRS-USDlong+0.0050%1h210.14long leg$55K$1.1M10x
Ondo Perps CBRS-USD.P+0.0050%1h210.16+0.010%$347K$919K10xas long as short
KuCoin CBRSUSDTM+0.0100%8h210.18+0.019%$144K$90K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h209.97−0.081%$25K$136K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h210.31+0.081%$864$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h210.28+0.069%$24410xas long as short
Variational Omni CBRS+0.0486%8h210.13−0.006%$425K$321Kas long as short
BloFin CBRS-USDT+0.0498%8h210.33+0.090%$146K$71K20xas long as short
Extended CBRS_24_5-USD+0.0512%1h210.28+0.065%$40K$265K10xas long as short
Binance CBRSUSDT+0.0514%8h210.32+0.085%$10.3M$29.8M25xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0797%1h210.30+0.076%$13K$5K10xas long as short