Funding you earn now, next payment 08:00 UTC−0.0591%/8h= −64.8% APRnext payment −$5.91 per $10,000 · paid last 24h −0.047%
Price spread now: Bybit against Aster+0.163%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$900.902% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.212%−$21 · spread now +0.163%, 7d avg −0.062%
=Together, before fees−0.227%+ Points / potential airdropAster: Stage 5 · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.225% dearer against Aster than usual: you sell high and buy low (spread +0.163% now, against its 7-day average of −0.062%): +$22 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 30 hours. At the pace of the last 7 days (−0.015% in total) that is about 4 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.015% in total (about -0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.91 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CXMTUSDT | 8.5940 | −0.3105 | get 0.3105% / 8h | 43m 14s | $138K | $70K | 20x |
| Short | Bybit CXMTUSDT | 8.6080 | −0.3696 | pay 0.3696% / 8h | 43m 14s | $1.1M | $1.2M | 20x |
Aster CXMTUSDT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$124.2
- Price spread: +0.163% → −0.062%
- $22.47
- Slippage, 4 orders
- −$71.2
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$191.94
- Costs to cover
- 0.902%
- Break-even
- never at this rate
Slippage from Aster: live order book, 58 min ago; Bybit: 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 Aster live order book, 58 min ago | 6.99 bp | 24.7 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.33 bp | 25.2 bp −$25 | 354.6 bp −$3,546 | doesn't fit | doesn't fit |
CXMT on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAP | −0.4014% | 8h | 8.6100 | +0.186% | $1.3M | $5.7M | 20x | as long as short |
| Binance CXMTUSDT | −0.4007% | 4h | 8.6060 | +0.140% | $4.2M | $9.6M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.3696% | 8h | 8.6080 | +0.163% | $1.1M | $1.2M | 20x | |
| Bitget CXMTUSDT | −0.3674% | 8h | 8.6130 | +0.221% | $648K | $945K | 20x | as long as short |
| Gate CXMT_USDT | −0.3120% | 1h | 8.5790 | −0.174% | $5.6M | $13.4M | 50x | as long as short |
| Aster CXMTUSDTlong | −0.3105% | 8h | 8.5940 | long leg | $138K | $70K | 20x | |
| Polymarket Perps CXMT-USD | −0.2405% | 1h | 8.5808 | −0.154% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2188% | 1h | 8.5872 | −0.079% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1674% | 1h | 8.6016 | +0.088% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.1038% | 1h | 8.5965 | +0.029% | $229K | $9K | 5x | as long as short |
OKX CXMT-USDT-SWAP
Binance CXMTUSDT
Bitget CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0527% | 4h | 8.6125 | +0.215% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0240% | 1h | 8.5993 | +0.062% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0007% | 4h | 8.5857 | −0.097% | $460K | $268K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6503 | +0.655% | $32K | $39K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6040 | +0.116% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.070% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT