CXMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0683%/8h= +74.8% APRnext payment +$6.83 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against Bybit+0.070%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$910.915% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.070%, 7d avg +0.042%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Bitget is 0.028% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.042%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.83 per $10,000. 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	8.6010	−0.4226	get 0.4226% / 8h	2h 01m	$1.1M	$1.1M	20x
Short	Bitget CXMTUSDT	8.6070	−0.3543	pay 0.3543% / 8h	2h 01m	$611K	$849K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee BitgetbpOrdersPrice spread, now +0.070%Rate

Funding earned: $143.44
Price spread: +0.070% → +0.042%: $2.79
Slippage, 4 orders: −$68.48
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: $54.75
Costs to cover: 0.915%
Break-even: 4.3 days

Slippage from Bybit: live order book, 4 min ago; Bitget: live order book, 44 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, 4 min ago	2.91 bp	25.3 bp −$25	292.8 bp −$2,928	doesn't fit	doesn't fit
Sell Bitget live order book, 44 min ago	3.48 bp	16.7 bp −$17	36.8 bp −$368	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	−0.5472%	1h	8.6060	+0.058%	$2K	$115K	20x	as long as short
Binance CXMTUSDT	−0.4877%	4h	8.6030	+0.023%	$4.3M	$9.1M	20x	as long as short
Bybit CXMTUSDTlong	−0.4226%	8h	8.6010	long leg	$1.1M	$1.1M	20x
OKX CXMT-USDT-SWAP	−0.4030%	8h	8.6050	+0.047%	$1.3M	$5.3M	20x	as long as short
tradeXYZ xyz:CXMT	−0.3690%	1h	8.6015	+0.006%	$56.2M	$9.5M	10x	as long as short
Bitget CXMTUSDTshort	−0.3543%	8h	8.6070	+0.070%	$611K	$849K	20x
Polymarket Perps CXMT-USD	−0.3497%	1h	8.6101	+0.106%	$8K	$51K	10x	as long as short
Gate CXMT_USDT	−0.3288%	1h	8.5860	−0.174%	$5.7M	$14.1M	50x	as long as short
Ondo Perps CXMT-USD.P	−0.3257%	1h	8.5976	−0.040%	$29K	$33K	10x	as long as short
Aster CXMTUSDT	−0.2957%	8h	8.5974	−0.042%	$138K	$105K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CXMT-USD	−0.2797%	1h	8.5969	−0.048%	$229K	$9K	5x	as long as short
ApeX Omni CXMTUSDT	−0.2479%	1h	8.6100	+0.105%	$8K	$251K	50x	as long as short
Lighter CXMT	−0.2128%	1h	8.6052	+0.049%	$101K	$18K	5x	as long as short
SunX CXMT-USDT	−0.1629%	4h	8.6025	+0.017%	$84	$2.4M	10x	as long as short
edgeX CXMTUSDC	−0.0067%	4h	8.5970	−0.046%	$435K	$243K	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.7019	+1.173%	$32K	$38K	10x	as long as short