Funding you earn now, next payment 06:00 UTC−0.0722%/8h= −79.1% APRpaid last 24h −0.009%
Price spread now: Bybit against Polymarket Perps−0.117%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bybit is 0.117% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps CXMT-USD | 8.6101 | −0.3509 | get 0.0439% / 1h | 1m 52s | $8K | $51K | 10x |
| Short | Bybit CXMTUSDT | 8.6000 | −0.4231 | pay 0.4231% / 8h | 2h 01m | $1.1M | $1.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Polymarket Perps. 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
- −$151.64
- Price spread: −0.117% → 0.000%
- −$11.73
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$182.37
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
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 Polymarket Perps no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 2.91 bp | 25.2 bp −$25 | 237.5 bp −$2,375 | doesn't fit | doesn't fit |
Polymarket Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.5496% | 1h | 8.6010 | −0.106% | $2K | $116K | 20x | as long as short |
| Binance CXMTUSDT | −0.4881% | 4h | 8.6030 | −0.082% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDTshort | −0.4231% | 8h | 8.6000 | −0.117% | $1.1M | $1.1M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4022% | 8h | 8.6050 | −0.059% | $1.3M | $5.3M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3696% | 1h | 8.5951 | −0.174% | $56.2M | $9.5M | 10x | as long as short |
| Bitget CXMTUSDT | −0.3536% | 8h | 8.6020 | −0.094% | $611K | $849K | 20x | as long as short |
| Polymarket Perps CXMT-USDlong | −0.3509% | 1h | 8.6101 | long leg | $8K | $51K | 10x | |
| Gate CXMT_USDT | −0.3304% | 1h | 8.5860 | −0.280% | $5.7M | $14.1M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3270% | 1h | 8.5976 | −0.145% | $29K | $33K | 10x | as long as short |
| Aster CXMTUSDT | −0.2943% | 8h | 8.5964 | −0.160% | $138K | $105K | 20x | 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 | −0.2797% | 1h | 8.5969 | −0.153% | $229K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.2479% | 1h | 8.6100 | −0.001% | $8K | $251K | 50x | as long as short |
| Lighter CXMT | −0.2144% | 1h | 8.6051 | −0.058% | $101K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1629% | 4h | 8.6025 | −0.088% | $84 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0016% | 4h | 8.6006 | −0.111% | $435K | $242K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7019 | +1.066% | $32K | $38K | 10x | as long as short |
Polymarket Perps CXMT-USD
Bybit CXMTUSDT
Popdex CXMTUSDT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Gate CXMT_USDT
Aster CXMTUSDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT