Funding you earn now, next payment 08:00 UTC−0.2202%/8h= −241.1% APRpaid last 24h −0.055%
Price spread now: Bybit against SoDEX+0.153%7-day average +0.083% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$970.966% of the position
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.153%, 7d avg +0.083%
=The price spread pays, funding is against you. Bybit is 0.069% dearer against SoDEX than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.083%): +$7 on $10k if it goes back. Holding the pair costs −$66 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 3 days (−0.011% in total) that is about 23 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.011% in total (about -1.1% 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 | SoDEX CXMT-USD | 8.5879 | −0.1584 | get 0.0198% / 1h | 48m 58s | $228K | $9K | 5x |
| Short | Bybit CXMTUSDT | 8.6010 | −0.3786 | pay 0.3786% / 8h | 48m 58s | $1.1M | $1.2M | 20x |
SoDEX CXMT-USD
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SoDEX. 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
- −$462.41
- Price spread: +0.153% → +0.083%
- $6.92
- Slippage, 4 orders
- −$77.63
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$552.12
- Costs to cover
- 0.966%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 55 min ago; Bybit: live order book, 2 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 SoDEX live order book, 55 min ago | 1.17 bp | 27.9 bp −$28 | 1548.4 bp −$15.5K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.91 bp | 21.1 bp −$21 | 335.7 bp −$3,357 | 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 | −0.4137% | 4h | 8.5920 | +0.048% | $4.2M | $9.6M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4087% | 8h | 8.6100 | +0.257% | $1.3M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.3786% | 8h | 8.6010 | +0.153% | $1.1M | $1.2M | 20x | |
| Bitget CXMTUSDT | −0.3723% | 8h | 8.6070 | +0.222% | $641K | $916K | 20x | as long as short |
| Gate CXMT_USDT | −0.3520% | 1h | 8.5670 | −0.243% | $5.7M | $13.3M | 50x | as long as short |
| Aster CXMTUSDT | −0.3177% | 8h | 8.6007 | +0.149% | $138K | $70K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2738% | 1h | 8.5811 | −0.079% | $8K | $48K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2527% | 1h | 8.5765 | −0.133% | $55.9M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2065% | 1h | 8.5868 | −0.013% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.1584% | 1h | 8.5879 | long leg | $228K | $9K | 5x |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0625% | 4h | 8.5996 | +0.136% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0520% | 1h | 8.5924 | +0.052% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0082% | 4h | 8.5784 | −0.111% | $460K | $267K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6597 | +0.836% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5900 | +0.024% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6200 | +0.374% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT