Funding you earn now, next payment 06:00 UTC+0.1945%/8h= +213.0% APRpaid last 24h +0.175%
Price spread now: ApeX Omni against Bybit+0.545%59s7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as 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−$1611.611% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 4 days (all we have)−0.692%−$69 · spread now +0.545%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays +$58 a day on $10k at the current rate, and ApeX Omni is 0.553% dearer against Bybit than usual: you sell high and buy low: +$55 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 59 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 0.403% in total (about 21.0% 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 | Bybit CXMTUSDT | 8.6230 | −0.3825 | get 0.3825% / 8h | 2h 44m | $1.0M | $1.1M | 20x |
| Short | ApeX Omni CXMTUSDT | 8.6700 | −0.1880 | pay 0.0235% / 1h | 44m 26s | $8K | $252K | 50x |
Bybit CXMTUSDT
ApeX Omni CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $408.42
- Price spread: +0.545% → −0.008%
- $55.26
- Slippage, 4 orders
- −$140.13
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $302.54
- Costs to cover
- 1.611%
- Break-even
- 1.8 days
Slippage from Bybit: live order book, 1 min ago; ApeX Omni: 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 Bybit live order book, 1 min ago | 4.06 bp | 16.0 bp −$16 | 144.8 bp −$1,448 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 40.53 bp | 62.5 bp −$63 | 248.3 bp −$2,483 | 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 | −0.4336% | 1h | 8.6240 | +0.012% | $1K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4237% | 4h | 8.6240 | +0.012% | $4.4M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDTlong | −0.3825% | 8h | 8.6230 | long leg | $1.0M | $1.1M | 20x | |
| tradeXYZ xyz:CXMT | −0.3431% | 1h | 8.6276 | +0.053% | $56.2M | $9.3M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3203% | 8h | 8.6190 | −0.046% | $1.4M | $5.3M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2992% | 1h | 8.6386 | +0.181% | $8K | $52K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2784% | 8h | 8.6310 | +0.093% | $603K | $839K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2692% | 1h | 8.6430 | +0.232% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.2546% | 1h | 8.6298 | +0.079% | $229K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.2144% | 1h | 8.6220 | −0.012% | $5.7M | $13.3M | 50x | as long as short |
Popdex CXMTUSDT
Binance CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.2054% | 8h | 8.6211 | −0.022% | $138K | $105K | 20x | as long as short |
| ApeX Omni CXMTUSDTshort | −0.1880% | 1h | 8.6700 | +0.545% | $8K | $252K | 50x | |
| Lighter CXMT | −0.1760% | 1h | 8.6483 | +0.293% | $101K | $17K | 5x | as long as short |
| SunX CXMT-USDT | −0.0053% | 4h | 8.6375 | +0.168% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0027% | 4h | 8.6313 | +0.096% | $437K | $243K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7056 | +0.958% | $32K | $38K | 10x | as long as short |
Aster CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT