Funding you earn now, next payment 03:00 UTC+0.1592%/8h= +174.4% APRpaid last 24h −0.074%
Price spread now: Bybit against tradeXYZ+0.044%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$740.745% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now +0.044%, 7d avg +0.112%
=Together, before fees−0.046%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.068% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.044% now, against its 7-day average of +0.112%). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$48 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
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 | tradeXYZ xyz:CXMT | 8.6162 | −0.4591 | get 0.0574% / 1h | 27m 24s | $55.8M | $7.3M | 10x |
| Short | Bybit CXMTUSDT | 8.6200 | −0.2998 | pay 0.2998% / 8h | 5h 27m | $961K | $598K | 20x |
tradeXYZ xyz:CXMT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $334.38
- Price spread: +0.044% → +0.112%
- −$6.84
- Slippage, 4 orders
- −$45.47
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $253.07
- Costs to cover
- 0.745%
- Break-even
- 1.7 days
Slippage from tradeXYZ: live order book, 11 min ago; Bybit: live order book, 33 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 tradeXYZ live order book, 11 min ago | 2.33 bp | 14.8 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 33 min ago | 4.08 bp | 19.3 bp −$19 | 450.1 bp −$4,501 | 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 | −0.6912% | 1h | 8.6240 | +0.091% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4735% | 1h | 8.6426 | +0.306% | $8K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4591% | 1h | 8.6162 | long leg | $55.8M | $7.3M | 10x | |
| Ondo Perps CXMT-USD.P | −0.3947% | 1h | 8.5606 | −0.645% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3380% | 1h | 8.6075 | −0.101% | $229K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.3072% | 1h | 8.5960 | −0.234% | $5.3M | $11.1M | 50x | as long as short |
| Bybit CXMTUSDTshort | −0.2998% | 8h | 8.6200 | +0.044% | $961K | $598K | 20x | |
| Lighter CXMT | −0.2936% | 1h | 8.6256 | +0.109% | $101K | $21K | 5x | as long as short |
| Binance CXMTUSDT | −0.1910% | 4h | 8.6308 | +0.170% | $4.2M | $7.8M | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1438% | 1h | 8.6500 | +0.392% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDT
Lighter CXMT
Binance CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1009% | 4h | 8.6270 | +0.125% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.0651% | 8h | 8.6210 | +0.056% | $612K | $803K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0601% | 8h | 8.6170 | +0.009% | $1.3M | $4.5M | 20x | as long as short |
| Aster CXMTUSDT | −0.0498% | 8h | 8.6140 | −0.026% | $156K | $78K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0096% | 4h | 8.6035 | −0.148% | $435K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6623 | +0.535% | $31K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT