Funding you earn now, next payment 08:00 UTC+0.1151%/8h= +126.0% APRnext payment +$11.51 per $10,000 · paid last 24h +0.002%
Price spread now: Bitget against Bybit−0.046%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.046%, 7d avg +0.044%
=Funding pays, the price is against you. Bitget is 0.091% cheaper against Bybit than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.044%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.081% in total) that is about 7.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$11.51 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 | Bybit CXMTUSDT | 8.6120 | −0.3745 | get 0.3745% / 8h | 2h 56m | $1.0M | $1.1M | 20x |
| Short | Bitget CXMTUSDT | 8.6080 | −0.2594 | pay 0.2594% / 8h | 2h 56m | $602K | $844K | 20x |
Bybit CXMTUSDT
Bitget CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $241.66
- Price spread: −0.046% → +0.044%
- −$9.06
- Slippage, 4 orders
- −$52.28
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $157.31
- Costs to cover
- 0.753%
- Break-even
- 2.4 days
Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 54 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 Bybit live order book, 4 min ago | 2.91 bp | 15.8 bp −$16 | 344.9 bp −$3,449 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 54 min ago | 4.05 bp | 22.4 bp −$22 | 42.6 bp −$426 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | −0.4115% | 4h | 8.6152 | +0.037% | $4.4M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDTlong | −0.3745% | 8h | 8.6120 | long leg | $1.0M | $1.1M | 20x | |
| tradeXYZ xyz:CXMT | −0.3441% | 1h | 8.6123 | +0.003% | $56.1M | $9.3M | 10x | as long as short |
| Popdex CXMTUSDT | −0.3368% | 1h | 8.6110 | −0.012% | $2K | $115K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3008% | 8h | 8.6180 | +0.070% | $1.4M | $5.4M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2900% | 1h | 8.6237 | +0.136% | $8K | $50K | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2730% | 1h | 8.6146 | +0.030% | $29K | $33K | 10x | as long as short |
| Bitget CXMTUSDTshort | −0.2594% | 8h | 8.6080 | −0.046% | $602K | $844K | 20x | |
| SoDEX CXMT-USD | −0.2562% | 1h | 8.6110 | −0.012% | $229K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.2400% | 1h | 8.6080 | −0.046% | $5.8M | $13.0M | 50x | as long as short |
Binance CXMTUSDT
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.1849% | 8h | 8.6217 | +0.112% | $138K | $105K | 20x | as long as short |
| Lighter CXMT | −0.1464% | 1h | 8.6274 | +0.179% | $101K | $17K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0018% | 4h | 8.5974 | −0.169% | $435K | $243K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6131 | +0.013% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6331 | +0.245% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | −0.139% | $8K | $251K | 50x | as long as short |
Aster CXMTUSDT
Lighter CXMT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT