Funding you earn now, next payment 07:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h +0.022%
Price spread now: Polymarket Perps against QFEX−0.015%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−$30as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 4 days (all we have)+0.118%+$12 on $10k
+Price spread, last 6 days (all we have)+0.094%+$9 · spread now −0.015%, 7d avg −0.051%
=The price spread pays, funding is against you. Polymarket Perps is 0.036% dearer against QFEX than usual: you sell high and buy low (spread −0.015% now, against its 7-day average of −0.051%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.0 days. Mind the row above: over the last 4 days funding on this pair paid +0.118%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX CBRS-USD | 205.70 | 0.0080 | pay 0.0010% / 1h | 26m 22s | $1.1M | $3.0M | 10x |
| Short | Polymarket Perps CBRS-USD | 205.67 | 0.0050 | get 0.0006% / 1h | 26m 22s | $50K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against QFEX. 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
- −$6.3
- Price spread: −0.015% → −0.051%
- $3.63
- Slippage, 4 orders
- −$15.65
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$36.32
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 7 min ago; Polymarket Perps: live order book, 2 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 QFEX live order book, 7 min ago | 1.70 bp | 8.8 bp −$9 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 2.68 bp | 6.7 bp −$7 | 6.9 bp −$69 | 12.1 bp −$1,205 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CBRSUSDT | −0.0654% | 8h | 205.95 | +0.122% | $2.4M | $2.5M | 20x | as long as short |
| tradeXYZ xyz:CBRS | −0.0208% | 1h | 205.59 | −0.053% | $42.1M | $4.0M | 10x | as long as short |
| Aster CBRSUSDT | 0.0000% | 8h | 206.05 | +0.172% | $65K | $147K | 20x | as long as short |
| OKX CBRS-USDT-SWAP | 0.0000% | 8h | 206.00 | +0.146% | $2.2M | $3.4M | 25x | as long as short |
| SunX CBRS-USDT | 0.0000% | 8h | 205.98 | +0.136% | $1K | $2.8M | 10x | as long as short |
| HTX CBRS-USDT | 0.0000% | 8h | 205.79 | +0.044% | $9K | $10K | 20x | as long as short |
| Vest CBRS-USD-PERP | +0.0020% | 1h | 205.49 | −0.102% | — | $106K | 10x | as long as short |
| Lighter CBRS | +0.0032% | 1h | 205.60 | −0.049% | $91K | $896K | 10x | as long as short |
| Phoenix CBRS | +0.0039% | 1h | 205.44 | −0.126% | $1K | $108K | 10x | as long as short |
| Polymarket Perps CBRS-USDshort | +0.0050% | 1h | 205.67 | −0.015% | $50K | $1.1M | 10x |
Show all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CBRS-USD.P | +0.0050% | 1h | 205.72 | +0.010% | $335K | $717K | 10x | as long as short |
| Variational Omni CBRS | +0.0067% | 8h | 205.72 | +0.009% | $400K | $102K | — | as long as short |
| QFEX CBRS-USDlong | +0.0080% | 1h | 205.70 | long leg | $1.1M | $3.0M | 10x | |
| KuCoin CBRSUSDTM | +0.0100% | 8h | 205.86 | +0.078% | $113K | $109K | 20x | as long as short |
| ApeX Omni CBRSUSDT | +0.0100% | 1h | 205.52 | −0.088% | $24K | $139K | 50x | as long as short |
| Orderly PERP_CBRS_USDC_mythos | +0.0100% | 8h | 205.72 | +0.010% | $814 | $1K | 10x | as long as short |
| Aevo CBRS-PERP | +0.0104% | 1h | 205.72 | +0.012% | $239 | — | 10x | as long as short |
| BloFin CBRS-USDT | +0.0112% | 8h | 205.68 | −0.010% | $147K | $71K | 20x | as long as short |
| Extended CBRS_24_5-USD | +0.0136% | 1h | 205.69 | −0.005% | $46K | $391K | 10x | as long as short |
| Binance CBRSUSDT | +0.0139% | 8h | 205.95 | +0.122% | $10.1M | $30.5M | 25x | as long as short |
| GRVT CBRS_USDT_Perp | +0.0194% | 8h | 205.76 | +0.030% | $706 | $217K | 10x | as long as short |
| Bybit CBRSUSDT | +0.0344% | 8h | 205.89 | +0.092% | $2.1M | $2.0M | 25x | as long as short |
| Gate CBRS_USDT | +0.0381% | 8h | 205.90 | +0.097% | $2.9M | $3.0M | 50x | as long as short |
| Coinbase International CBRS-PERP-INTX | +0.0600% | 1h | 210.27 | +2.222% | $115K | $116K | 10x | as long as short |
| edgeX CBRSUSDC | +0.0692% | 4h | 205.75 | +0.026% | $23K | $220K | 10x | as long as short |
| Deribit CBRS_USDC-PERPETUAL | +0.1259% | 1h | 205.68 | −0.010% | $12K | $5K | 10x | as long as short |
Polymarket Perps CBRS-USD
Bitget CBRSUSDT
tradeXYZ xyz:CBRS
Aster CBRSUSDT
OKX CBRS-USDT-SWAP
SunX CBRS-USDT
HTX CBRS-USDT
Lighter CBRS
Phoenix CBRS
Variational Omni CBRS
KuCoin CBRSUSDTM
ApeX Omni CBRSUSDT
BloFin CBRS-USDT
Extended CBRS_24_5-USD
Binance CBRSUSDT
GRVT CBRS_USDT_Perp
Bybit CBRSUSDT
Gate CBRS_USDT
Coinbase International CBRS-PERP-INTX
edgeX CBRSUSDC
Deribit CBRS_USDC-PERPETUAL