Funding you earn now, next payment 16:00 UTC−0.0127%/8h= −13.9% APRnext payment −$1.27 per $10,000 · paid last 24h −0.050%
Price spread now: Bybit against Aster−0.421%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costs−$226as in the Price arb table
costs, in and out, $10k−$1901.897% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.322%+$32 · spread now −0.421%, 7d avg −0.060%
=Together, before fees+0.286%+ Points / potential airdropAster: Stage 5 · farm board+$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.360% cheaper against Aster than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CXMTUSDT | 8.5449 | −0.2264 | get 0.2264% / 8h | 7h 30m | $137K | $71K | 20x |
| Short | Bybit CXMTUSDT | 8.5090 | −0.2391 | pay 0.2391% / 8h | 7h 30m | $945K | $1.6M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- −$26.62
- Price spread: −0.421% → −0.060%
- −$36.04
- Slippage, 4 orders
- −$170.74
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.4
- Costs to cover
- 1.897%
- Break-even
- never at this rate
Slippage from Aster: live order book, 65 min ago; Bybit: live order book, 5 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 Aster live order book, 65 min ago | 25.60 bp | 96.2 bp −$96 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.34 bp | 21.3 bp −$21 | 138.9 bp −$1,389 | 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 | −0.3222% | 8h | 8.5030 | −0.491% | $1.2M | $6.0M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3193% | 8h | 8.5090 | −0.421% | $672K | $1.1M | 20x | as long as short |
| Binance CXMTUSDT | −0.2611% | 4h | 8.5112 | −0.395% | $4.1M | $10.1M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.2391% | 8h | 8.5090 | −0.421% | $945K | $1.6M | 20x | |
| Gate CXMT_USDT | −0.2280% | 1h | 8.5010 | −0.514% | $5.6M | $13.4M | 50x | as long as short |
| Aster CXMTUSDTlong | −0.2264% | 8h | 8.5449 | long leg | $137K | $71K | 20x | |
| Ondo Perps CXMT-USD.P | −0.1880% | 1h | 8.5250 | −0.233% | $28K | $41K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1458% | 1h | 8.5131 | −0.373% | $55.5M | $10.1M | 10x | as long as short |
| SoDEX CXMT-USD | −0.0917% | 1h | 8.5095 | −0.415% | $226K | $12K | 5x | as long as short |
| Lighter CXMT | −0.0208% | 1h | 8.5263 | −0.218% | $100K | $18K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.0168% | 1h | 8.5140 | −0.362% | $2K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0019% | 4h | 8.5196 | −0.297% | $456K | $268K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5200 | −0.292% | $83 | $2.3M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.5812 | +0.424% | $31K | $39K | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5600 | +0.176% | $8K | $48K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5100 | −0.409% | $8K | $252K | 50x | as long as short |
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Binance CXMTUSDT
Gate CXMT_USDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Lighter CXMT
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT