Funding you earn now, next payment 07:00 UTC+0.1560%/8h= +170.8% APRpaid last 24h +0.018%
Price spread now: tradeXYZ against Bybit−0.137%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$720.721% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 7 days+0.072%+$7 · spread now −0.137%, 7d avg −0.112%
=Together, before fees+0.050%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.025% cheaper against Bybit than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.112%). If the spread goes back, that is −$2 on $10k: about 1 hour of funding at the current rate (+$47 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.022% 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 | Bybit CXMTUSDT | 8.5950 | −0.3977 | get 0.3977% / 8h | 1h 23m | $1.1M | $1.1M | 20x |
| Short | tradeXYZ xyz:CXMT | 8.5832 | −0.2418 | pay 0.0302% / 1h | 23m 04s | $55.9M | $9.7M | 10x |
Bybit CXMTUSDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $327.58
- Price spread: −0.137% → −0.112%
- −$2.48
- Slippage, 4 orders
- −$43.14
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $252.96
- Costs to cover
- 0.721%
- Break-even
- 1.6 days
Slippage from Bybit: live order book, 2 min ago; tradeXYZ: live order book, 7 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, 2 min ago | 2.91 bp | 15.5 bp −$16 | 308.4 bp −$3,084 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.92 bp | 16.5 bp −$17 | doesn't fit | 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 | −0.4423% | 4h | 8.5939 | −0.013% | $4.2M | $9.5M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4128% | 8h | 8.5980 | +0.035% | $1.4M | $5.6M | 20x | as long as short |
| Bybit CXMTUSDTlong | −0.3977% | 8h | 8.5950 | long leg | $1.1M | $1.1M | 20x | |
| Bitget CXMTUSDT | −0.3677% | 8h | 8.5940 | −0.012% | $626K | $848K | 20x | as long as short |
| Aster CXMTUSDT | −0.3184% | 8h | 8.5928 | −0.025% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2824% | 1h | 8.5700 | −0.291% | $5.7M | $13.5M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2792% | 1h | 8.5880 | −0.081% | $2K | $116K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2620% | 1h | 8.5830 | −0.140% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.2418% | 1h | 8.5832 | −0.137% | $55.9M | $9.7M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1927% | 1h | 8.5721 | −0.266% | $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
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 | −0.1563% | 1h | 8.5880 | −0.081% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.0980% | 4h | 8.5975 | +0.029% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0696% | 1h | 8.5876 | −0.086% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0244% | 1h | 8.6100 | +0.175% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0077% | 4h | 8.5683 | −0.310% | $459K | $266K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6562 | +0.712% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT