Funding you earn now, next payment 03:00 UTC−0.0479%/8h= −52.5% APRpaid last 24h +0.074%
Price spread now: tradeXYZ against Bybit−0.012%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days+0.076%+$8 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now −0.012%, 7d avg −0.112%
=Together, before fees+0.013%+ Points / potential airdroptradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.101% dearer against Bybit than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.112%): +$10 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.076%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment. 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 | 8.6910 | −0.4098 | get 0.4098% / 8h | 5h 01m | $977K | $739K | 20x |
| Short | tradeXYZ xyz:CXMT | 8.6900 | −0.4578 | pay 0.0572% / 1h | 1m 39s | $56.5M | $8.4M | 10x |
Bybit CXMTUSDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$100.69
- Price spread: −0.012% → −0.112%
- $10.1
- Slippage, 4 orders
- −$44.12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$163.72
- Costs to cover
- 0.731%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 59 min ago; tradeXYZ: live order book, 8 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, 59 min ago | 4.08 bp | 24.6 bp −$25 | 390.2 bp −$3,902 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 4.42 bp | 15.1 bp −$15 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.6672% | 1h | 8.6950 | +0.046% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4722% | 1h | 8.7095 | +0.213% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.4578% | 1h | 8.6900 | −0.012% | $56.5M | $8.4M | 10x | |
| Bybit CXMTUSDTlong | −0.4098% | 8h | 8.6910 | long leg | $977K | $739K | 20x | |
| Ondo Perps CXMT-USD.P | −0.3779% | 1h | 8.6564 | −0.398% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3486% | 1h | 8.6880 | −0.035% | $231K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.3328% | 1h | 8.6790 | −0.138% | $5.6M | $12.5M | 50x | as long as short |
| Binance CXMTUSDT | −0.3305% | 4h | 8.7028 | +0.136% | $4.4M | $8.6M | 20x | as long as short |
| Lighter CXMT | −0.2768% | 1h | 8.7134 | +0.258% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1832% | 1h | 8.7000 | +0.104% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDT
Binance CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1668% | 4h | 8.7022 | +0.129% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1438% | 8h | 8.6950 | +0.046% | $598K | $832K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1401% | 8h | 8.6860 | −0.058% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1270% | 8h | 8.7550 | +0.736% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | +0.015% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7672 | +0.877% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT