Funding you earn now, next payment 00:00 UTC−0.0680%/8h= −74.5% APRpaid last 24h −0.088%
Price spread now: Bybit against Gate+0.058%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$680.676% of the position
Funding, last 7 days−0.497%−$50 on $10k
+Price spread, last 7 days−0.112%−$11 · spread now +0.058%, 7d avg −0.022%
=The price spread pays, funding is against you. Bybit is 0.080% dearer against Gate than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of −0.022%): +$8 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.497% in total) that is about 27 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CXMT_USDT | 8.5940 | 0.0680 | pay 0.0085% / 1h | 54m 20s | $4.8M | $13.1M | 50x |
| Short | Bybit CXMTUSDT | 8.5990 | 0 | get 0.0000% / 8h | 54m 20s | $973K | $698K | 20x |
Gate CXMT_USDT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- −$142.8
- Price spread: +0.058% → −0.022%
- $7.99
- Slippage, 4 orders
- −$41.63
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$202.44
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; Bybit: live order book, 21 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 Gate live order book, 4 min ago | 2.91 bp | 13.9 bp −$14 | 32.4 bp −$324 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 21 min ago | 4.08 bp | 17.3 bp −$17 | 474.2 bp −$4,742 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0060% | 4h | 8.5840 | −0.117% | $434K | $240K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5873 | −0.077% | $166K | $69K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.6030 | +0.105% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDTshort | 0.0000% | 8h | 8.5990 | +0.058% | $973K | $698K | 20x | |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6000 | +0.070% | $1.1M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.6000 | +0.070% | $544K | $882K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6075 | +0.157% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6707 | +0.892% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6030 | +0.105% | $5K | $111K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.047% | $8K | $249K | 50x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | +0.0283% | 1h | 8.5876 | −0.074% | $228K | $9K | 5x | as long as short |
| Lighter CXMT | +0.0632% | 1h | 8.5997 | +0.066% | $102K | $29K | 5x | as long as short |
| Polymarket Perps CXMT-USD | +0.0650% | 1h | 8.5870 | −0.081% | $8K | $48K | 10x | as long as short |
| Gate CXMT_USDTlong | +0.0680% | 1h | 8.5940 | long leg | $4.8M | $13.1M | 50x | |
| tradeXYZ xyz:CXMT | +0.1058% | 1h | 8.5891 | −0.057% | $55.3M | $8.2M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | +0.1420% | 1h | 8.5952 | +0.014% | $23K | $50K | 10x | as long as short |
SoDEX CXMT-USD
Lighter CXMT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P