Funding you earn now, next payment 08:00 UTC+0.0142%/8h= +15.6% APRnext payment +$1.42 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−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$740.736% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.070%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$4 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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit CXMTUSDT | 8.5880 | −0.3864 | get 0.3864% / 8h | 1h 00m | $1.1M | $1.1M | 20x |
| Short | Bitget CXMTUSDT | 8.5940 | −0.3722 | pay 0.3722% / 8h | 1h 00m | $640K | $861K | 20x |
Bybit CXMTUSDT
Bitget CXMTUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $29.85
- Price spread: +0.070% → +0.042%
- $2.77
- Slippage, 4 orders
- −$50.64
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$41.02
- Costs to cover
- 0.736%
- Break-even
- 16.6 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 40 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, 5 min ago | 2.91 bp | 14.9 bp −$15 | 332.0 bp −$3,320 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 40 min ago | 2.91 bp | 16.9 bp −$17 | 40.0 bp −$400 | 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 | −0.4233% | 4h | 8.5887 | +0.008% | $4.2M | $9.6M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4111% | 8h | 8.5900 | +0.023% | $1.3M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDTlong | −0.3864% | 8h | 8.5880 | long leg | $1.1M | $1.1M | 20x | |
| Bitget CXMTUSDTshort | −0.3722% | 8h | 8.5940 | +0.070% | $640K | $861K | 20x | |
| Aster CXMTUSDT | −0.3266% | 8h | 8.6060 | +0.210% | $138K | $78K | 20x | as long as short |
| Gate CXMT_USDT | −0.2840% | 1h | 8.5690 | −0.221% | $5.7M | $13.8M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2784% | 1h | 8.5900 | +0.023% | $2K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2681% | 1h | 8.5991 | +0.129% | $8K | $48K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2474% | 1h | 8.5771 | −0.127% | $55.9M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1906% | 1h | 8.5845 | −0.041% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
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 | −0.1656% | 1h | 8.5870 | −0.012% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.0744% | 4h | 8.5960 | +0.093% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0728% | 1h | 8.5969 | +0.104% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0037% | 4h | 8.5725 | −0.180% | $459K | $268K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6794 | +1.064% | $32K | $38K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0005% | 1h | 8.5900 | +0.023% | $8K | $252K | 50x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
ApeX Omni CXMTUSDT