Funding you earn now, next payment 08:00 UTC−0.3655%/8h= −400.2% APRpaid last 24h −0.173%
Price spread now: Bybit against edgeX−0.039%101s7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days−0.135%−$14 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.039%, 7d avg +0.099%
=Together, before fees−0.010%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$110 a day on $10k at the current rate, and Bybit is 0.138% cheaper against edgeX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.099%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.135% in total (about -7.1% 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 | edgeX CXMTUSDC | 8.6013 | −0.0084 | get 0.0042% / 4h | 2h 59m | $435K | $242K | 10x |
| Short | Bybit CXMTUSDT | 8.5980 | −0.3739 | pay 0.3739% / 8h | 2h 59m | $1.0M | $1.1M | 20x |
edgeX CXMTUSDC
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$767.45
- Price spread: −0.039% → +0.099%
- −$13.79
- Slippage, 4 orders
- −$75.7
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$876.94
- Costs to cover
- 0.957%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; Bybit: live order book, 1 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 edgeX live order book, 54 min ago | 11.98 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.91 bp | 17.9 bp −$18 | 403.5 bp −$4,035 | 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 | −0.4104% | 4h | 8.5986 | −0.031% | $4.4M | $9.0M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.3739% | 8h | 8.5980 | −0.039% | $1.0M | $1.1M | 20x | |
| Ondo Perps CXMT-USD.P | −0.3168% | 1h | 8.5665 | −0.405% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2961% | 8h | 8.5880 | −0.155% | $1.4M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2551% | 8h | 8.6010 | −0.004% | $602K | $828K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.1999% | 1h | 8.5952 | −0.071% | $56.0M | $9.2M | 10x | as long as short |
| Gate CXMT_USDT | −0.1952% | 1h | 8.5880 | −0.155% | $5.8M | $13.7M | 50x | as long as short |
| Aster CXMTUSDT | −0.1833% | 8h | 8.6268 | +0.297% | $138K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1517% | 1h | 8.5997 | −0.019% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USD | −0.1017% | 1h | 8.5995 | −0.021% | $229K | $9K | 5x | as long as short |
Binance CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
tradeXYZ xyz:CXMT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0544% | 1h | 8.6841 | +0.962% | $102K | $17K | 5x | as long as short |
| edgeX CXMTUSDClong | −0.0084% | 4h | 8.6013 | long leg | $435K | $242K | 10x | |
| Popdex CXMTUSDT | −0.0032% | 1h | 8.6020 | +0.008% | $1K | $115K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6222 | +0.243% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6783 | +0.895% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6300 | +0.333% | $8K | $251K | 50x | as long as short |
Lighter CXMT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT