Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.089%
Price spread now: Binance against Bybit−0.058%7-day average +0.066% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days−0.215%−$21 on $10k
+Price spread, last 7 days+0.060%+$6 · spread now −0.058%, 7d avg +0.066%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.124% cheaper against Bybit than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CXMTUSDT | 8.5900 | −0.3235 | get 0.3235% / 8h | 10m 45s | $961K | $1.4M | 20x |
| Short | Binance CXMTUSDT | 8.5850 | −0.3239 | pay 0.1620% / 4h | 10m 45s | $4.1M | $9.8M | 20x |
Bybit CXMTUSDT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$0.94
- Price spread: −0.058% → +0.066%
- −$12.37
- Slippage, 4 orders
- −$34.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.96
- Costs to cover
- 0.556%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 14 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, 5 min ago | 1.75 bp | 12.2 bp −$12 | 236.1 bp −$2,361 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.58 bp | 11.1 bp −$11 | 43.6 bp −$436 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAP | −0.3590% | 8h | 8.5950 | +0.058% | $1.3M | $5.7M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3437% | 8h | 8.5940 | +0.047% | $674K | $1.0M | 20x | as long as short |
| Binance CXMTUSDTshort | −0.3239% | 4h | 8.5850 | −0.058% | $4.1M | $9.8M | 20x | |
| Bybit CXMTUSDTlong | −0.3235% | 8h | 8.5900 | long leg | $961K | $1.4M | 20x | |
| Gate CXMT_USDT | −0.3016% | 1h | 8.5620 | −0.326% | $5.6M | $13.6M | 50x | as long as short |
| Aster CXMTUSDT | −0.2701% | 8h | 8.5754 | −0.170% | $137K | $70K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1864% | 1h | 8.5594 | −0.356% | $8K | $48K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1630% | 1h | 8.5687 | −0.248% | $55.9M | $9.9M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1506% | 1h | 8.5448 | −0.526% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.0596% | 1h | 8.5795 | −0.122% | $228K | $9K | 5x | as long as short |
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0129% | 4h | 8.5891 | −0.010% | $84 | $2.3M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0047% | 4h | 8.5636 | −0.308% | $459K | $268K | 10x | as long as short |
| Lighter CXMT | −0.0008% | 1h | 8.5808 | −0.107% | $101K | $18K | 5x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6500 | +0.698% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5840 | −0.070% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | 0.000% | $8K | $251K | 50x | as long as short |
SunX CXMT-USDT
edgeX CXMTUSDC
Lighter CXMT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT