Funding you earn now, next payment 07:00 UTC−0.3818%/8h= −418.1% APRpaid last 24h −0.152%
Price spread now: Bybit against ApeX Omni+0.023%69s7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$188as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1511.512% of the position
Funding, last 7 days−0.371%−$37 on $10k
+Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.023%, 7d avg +0.002%
=The price spread pays, funding is against you. Bybit is 0.021% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of +0.002%): +$2 on $10k if it goes back. Holding the pair costs −$115 a day in funding at the current rate, which eats that in about under an hour. At the pace of the last 7 days (−0.371% in total) that is about 10 hours. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.371% in total (about -19.3% 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 | ApeX Omni CXMTUSDT | 8.6000 | −0.0089 | get 0.0011% / 1h | 14m 21s | $8K | $251K | 50x |
| Short | Bybit CXMTUSDT | 8.6020 | −0.3907 | pay 0.3907% / 8h | 1h 14m | $1.1M | $1.1M | 20x |
ApeX Omni CXMTUSDT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. 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
- −$801.78
- Price spread: +0.023% → +0.002%
- $2.12
- Slippage, 4 orders
- −$130.21
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$950.87
- Costs to cover
- 1.512%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Bybit: live order book, 1 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 ApeX Omni live order book, 27 min ago | 34.97 bp | 55.0 bp −$55 | 245.6 bp −$2,456 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.33 bp | 27.5 bp −$28 | 337.2 bp −$3,372 | 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 | −0.4295% | 4h | 8.5997 | −0.003% | $4.2M | $9.6M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4098% | 8h | 8.6060 | +0.070% | $1.4M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.3907% | 8h | 8.6020 | +0.023% | $1.1M | $1.1M | 20x | |
| Bitget CXMTUSDT | −0.3676% | 8h | 8.6060 | +0.070% | $629K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3200% | 8h | 8.6060 | +0.070% | $138K | $78K | 20x | as long as short |
| Gate CXMT_USDT | −0.2752% | 1h | 8.5790 | −0.244% | $5.8M | $13.6M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2688% | 1h | 8.6000 | 0.000% | $2K | $116K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2589% | 1h | 8.5917 | −0.097% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2374% | 1h | 8.5876 | −0.144% | $55.9M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1878% | 1h | 8.5525 | −0.552% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Popdex 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1464% | 1h | 8.5971 | −0.034% | $229K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.0832% | 4h | 8.6020 | +0.023% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0672% | 1h | 8.5941 | −0.069% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDTlong | −0.0089% | 1h | 8.6000 | long leg | $8K | $251K | 50x | |
| edgeX CXMTUSDC | −0.0080% | 4h | 8.5799 | −0.233% | $460K | $268K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6458 | +0.533% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT