CXMT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0194%/8h= +21.2% APRnext payment +$1.94 per $10,000 · paid last 24h +0.001%

Price spread now: Bybit against OKX−0.012%7-day average +0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$690.686% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 7 days+0.018%+$2 · spread now −0.012%, 7d avg +0.007%

Together, before fees−0.101%−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.119%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.119% in total (about -6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.94 per $10,000. 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	OKX CXMT-USDT-SWAP	8.6010	−0.4101	get 0.4101% / 8h	1h 14m	$1.4M	$5.7M	20x
Short	Bybit CXMTUSDT	8.6000	−0.3907	pay 0.3907% / 8h	1h 14m	$1.1M	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now −0.012%Rate

Funding earned: $40.66
Price spread: −0.012% → +0.007%: −$1.83
Slippage, 4 orders: −$47.55
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$29.73
Costs to cover: 0.686%
Break-even: 12.1 days

Slippage from OKX: live order book, 3 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 OKX live order book, 3 min ago	1.16 bp	10.8 bp −$11	83.1 bp −$831	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	8.6008	−0.002%	$4.2M	$9.6M	20x	as long as short
OKX CXMT-USDT-SWAPlong	−0.4101%	8h	8.6010	long leg	$1.4M	$5.7M	20x
Bybit CXMTUSDTshort	−0.3907%	8h	8.6000	−0.012%	$1.1M	$1.1M	20x
Bitget CXMTUSDT	−0.3676%	8h	8.6000	−0.012%	$628K	$851K	20x	as long as short
Aster CXMTUSDT	−0.3200%	8h	8.6060	+0.058%	$138K	$78K	20x	as long as short
Gate CXMT_USDT	−0.2752%	1h	8.5770	−0.279%	$5.7M	$13.6M	50x	as long as short
Popdex CXMTUSDT	−0.2696%	1h	8.6000	−0.012%	$2K	$115K	20x	as long as short
Polymarket Perps CXMT-USD	−0.2595%	1h	8.5857	−0.178%	$8K	$49K	10x	as long as short
tradeXYZ xyz:CXMT	−0.2375%	1h	8.5896	−0.133%	$56.0M	$9.8M	10x	as long as short
Ondo Perps CXMT-USD.P	−0.1878%	1h	8.5525	−0.564%	$29K	$33K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CXMT-USD	−0.1475%	1h	8.5923	−0.101%	$228K	$9K	5x	as long as short
SunX CXMT-USDT	−0.0850%	4h	8.6016	+0.007%	$84	$2.4M	10x	as long as short
Lighter CXMT	−0.0672%	1h	8.5941	−0.080%	$101K	$18K	5x	as long as short
ApeX Omni CXMTUSDT	−0.0089%	1h	8.6000	−0.012%	$8K	$251K	50x	as long as short
edgeX CXMTUSDC	−0.0080%	4h	8.5799	−0.245%	$460K	$268K	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6458	+0.521%	$32K	$39K	10x	as long as short