Funding you earn now, next payment 02:00 UTC−0.0215%/8h= −23.5% APRpaid last 24h +0.050%
Price spread now: Polymarket Perps against Bybit−0.288%7-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—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Polymarket Perps is 0.288% cheaper against Bybit than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CXMTUSDT | 8.5750 | 0 | get 0.0000% / 8h | 6h 22m | $970K | $593K | 20x |
| Short | Polymarket Perps CXMT-USD | 8.5503 | −0.0215 | pay 0.0027% / 1h | 22m 18s | $8K | $41K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket 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
- −$45.14
- Price spread: −0.288% → 0.000%
- −$28.8
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$92.95
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 43 min ago; Polymarket 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, 43 min ago | 2.91 bp | 11.5 bp −$12 | 260.6 bp −$2,606 | doesn't fit | doesn't fit |
| Sell Polymarket Perps no order-book sample | — | — | — | — | — |
Polymarket 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-USDshort | −0.0215% | 1h | 8.5503 | −0.288% | $8K | $41K | 10x | |
| edgeX CXMTUSDC | −0.0029% | 4h | 8.5853 | +0.121% | $434K | $240K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5754 | +0.004% | $167K | $72K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5842 | +0.108% | $4.2M | $7.9M | 20x | as long as short |
| Bybit CXMTUSDTlong | 0.0000% | 8h | 8.5750 | long leg | $970K | $593K | 20x | |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5740 | −0.012% | $1.2M | $4.7M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5660 | −0.105% | $5.0M | $10.5M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5750 | 0.000% | $603K | $805K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5811 | +0.071% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6493 | +0.866% | $31K | $37K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CXMT | +0.0016% | 1h | 8.5641 | −0.127% | $55.1M | $6.9M | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5870 | +0.140% | $100K | $21K | 5x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5710 | −0.047% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5690 | −0.070% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5862 | +0.131% | $23K | $43K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5600 | −0.175% | $8K | $249K | 50x | as long as short |
Bybit CXMTUSDT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
tradeXYZ xyz:CXMT
Lighter CXMT
Popdex CXMTUSDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT