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

CBRS

RWAall CBRS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.032%
Price spread now: Polymarket Perps against SunX−0.121%50s7-day average −0.169% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1521.519% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.172%+$17 on $10k
Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.121%, 7d avg −0.169%
Together, before fees+0.145%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.048% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.169%. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CBRS-USDT206.420get 0.0000% / 8h1h 17m$1K$2.8M10x
ShortPolymarket Perps CBRS-USD206.170.0050get 0.0006% / 1h17m 33s$51K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SunX. 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: −0.121% → −0.169%
$4.83
Slippage, 4 orders
−$135.89
Fee SunX: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$136.55
Costs to cover
1.519%
Break-even
98.0 days
Slippage from SunX: live order book, 10 min ago; Polymarket Perps: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago29.60 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, just now2.18 bp6.2 bp −$66.2 bp −$62doesn'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
Bitget CBRSUSDT−0.0609%8h206.43+0.005%$2.4M$2.4M20xas long as short
tradeXYZ xyz:CBRS−0.0180%1h206.07−0.170%$42.2M$4.1M10xas long as short
Aster CBRSUSDT0.0000%8h206.32−0.048%$65K$147K20xas long as short
OKX CBRS-USDT-SWAP0.0000%8h206.45+0.015%$2.2M$3.4M25xas long as short
SunX CBRS-USDTlong0.0000%8h206.42long leg$1K$2.8M10x
HTX CBRS-USDT0.0000%8h206.29−0.063%$9K$10K20xas long as short
Vest CBRS-USD-PERP+0.0020%1h206.09−0.160%$108K10xas long as short
Lighter CBRS+0.0032%1h206.09−0.160%$91K$898K10xas long as short
Phoenix CBRS+0.0039%1h205.86−0.271%$1K$108K10xas long as short
Polymarket Perps CBRS-USDshort+0.0050%1h206.17−0.121%$51K$1.1M10x
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps CBRS-USD.P+0.0050%1h206.31−0.053%$336K$719K10xas long as short
edgeX CBRSUSDC+0.0073%4h206.16−0.127%$23K$221K10xas long as short
QFEX CBRS-USD+0.0080%1h206.30−0.058%$1.1M$3.0M10xas long as short
Variational Omni CBRS+0.0095%8h206.14−0.136%$401K$100Kas long as short
KuCoin CBRSUSDTM+0.0100%8h206.21−0.102%$114K$109K20xas long as short
ApeX Omni CBRSUSDT+0.0100%1h206.12−0.145%$24K$139K50xas long as short
Orderly PERP_CBRS_USDC_mythos+0.0100%8h206.27−0.073%$816$1K10xas long as short
Aevo CBRS-PERP+0.0104%1h206.26−0.078%$23910xas long as short
Binance CBRSUSDT+0.0142%8h206.420.000%$10.1M$30.5M25xas long as short
Extended CBRS_24_5-USD+0.0144%1h206.37−0.026%$46K$391K10xas long as short
BloFin CBRS-USDT+0.0176%8h206.23−0.092%$147K$71K20xas long as short
GRVT CBRS_USDT_Perp+0.0217%8h206.18−0.116%$449$217K10xas long as short
Bybit CBRSUSDT+0.0324%8h206.35−0.034%$2.1M$2.0M25xas long as short
Gate CBRS_USDT+0.0385%8h206.40−0.010%$2.9M$3.0M50xas long as short
Deribit CBRS_USDC-PERPETUAL+0.0575%1h206.22−0.097%$12K$5K10xas long as short
Coinbase International CBRS-PERP-INTX+0.0600%1h210.27+1.865%$115K$116K10xas long as short