Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.156%
Price spread now: Ondo Perps against Bybit−0.175%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.175% cheaper against Bybit than usual: you would sell low and buy high (spread −0.175% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 12 days of funding at the current rate (+$2 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CXMTUSDT | 8.5750 | 0 | get 0.0000% / 8h | 7h 31m | $963K | $664K | 20x |
| Short | Ondo Perps CXMT-USD.P | 8.5600 | 0.0050 | get 0.0006% / 1h | 31m 48s | $23K | $50K | 10x |
Bybit CXMTUSDT
Ondo Perps CXMT-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $10.58
- Price spread: −0.175% → 0.000%
- −$17.49
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$22.91
- Costs to cover
- 0.160%
- Break-even
- 22.2 days
Slippage unknown: Bybit: live order book, 38 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 38 min ago | 4.08 bp | 24.5 bp −$25 | 527.6 bp −$5,276 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | −0.0201% | 1h | 8.5638 | −0.131% | $8K | $45K | 10x | as long as short |
| edgeX CXMTUSDC | −0.0089% | 4h | 8.5643 | −0.124% | $433K | $241K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0007% | 1h | 8.5700 | −0.058% | $55.1M | $8.2M | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6056 | +0.357% | $167K | $72K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5820 | +0.082% | $4.0M | $8.7M | 20x | as long as short |
| Bybit CXMTUSDTlong | 0.0000% | 8h | 8.5750 | long leg | $963K | $664K | 20x | |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5780 | +0.035% | $1.2M | $5.4M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5700 | −0.058% | $4.8M | $12.5M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5830 | +0.093% | $569K | $888K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5871 | +0.141% | $84 | $2.5M | 10x | as long as short |
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
tradeXYZ xyz:CXMT
Aster CXMTUSDT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CXMT-USDT | 0.0000% | 4h | 8.6519 | +0.897% | $31K | $37K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5829 | +0.092% | $101K | $24K | 5x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5780 | +0.035% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5755 | +0.006% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.Pshort | +0.0050% | 1h | 8.5600 | −0.175% | $23K | $50K | 10x | |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | +0.175% | $8K | $249K | 50x | as long as short |
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT