Funding you earn now, next payment 03:00 UTC−0.0591%/8h= −64.7% APRpaid last 24h −0.119%
Price spread now: Bybit against SoDEX0.000%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1041.037% of the position
Funding, last 3 days (all we have)−0.148%−$15 on $10k
+Price spread, last 4 days (all we have)+0.123%+$12 · spread now 0.000%, 7d avg +0.081%
=Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Bybit is 0.081% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.081%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.148% in total (about -16.4% 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 | SoDEX CXMT-USD | 8.6880 | −0.3486 | get 0.0436% / 1h | 1m 50s | $231K | $9K | 5x |
| Short | Bybit CXMTUSDT | 8.6880 | −0.4077 | pay 0.4077% / 8h | 5h 01m | $976K | $739K | 20x |
SoDEX CXMT-USD
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SoDEX. 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
- −$124.15
- Price spread: 0.000% → +0.081%
- −$8.13
- Slippage, 4 orders
- −$84.74
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$236.03
- Costs to cover
- 1.037%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 62 min ago; Bybit: live order book, 58 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 SoDEX live order book, 62 min ago | 2.74 bp | 30.6 bp −$31 | 1577.9 bp −$15.8K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 58 min ago | 4.08 bp | 19.3 bp −$19 | 450.1 bp −$4,501 | 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 | −0.6672% | 1h | 8.6950 | +0.081% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4722% | 1h | 8.7095 | +0.247% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4578% | 1h | 8.6900 | +0.023% | $56.5M | $8.4M | 10x | as long as short |
| Bybit CXMTUSDTshort | −0.4077% | 8h | 8.6880 | 0.000% | $976K | $739K | 20x | |
| Ondo Perps CXMT-USD.P | −0.3790% | 1h | 8.6564 | −0.364% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.3486% | 1h | 8.6880 | long leg | $231K | $9K | 5x | |
| Gate CXMT_USDT | −0.3336% | 1h | 8.6780 | −0.115% | $5.6M | $12.5M | 50x | as long as short |
| Binance CXMTUSDT | −0.3271% | 4h | 8.7030 | +0.173% | $4.4M | $8.6M | 20x | as long as short |
| Lighter CXMT | −0.2776% | 1h | 8.7135 | +0.294% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1832% | 1h | 8.7000 | +0.138% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
Gate CXMT_USDT
Binance CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1668% | 4h | 8.7022 | +0.163% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1416% | 8h | 8.6950 | +0.081% | $598K | $832K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1401% | 8h | 8.6840 | −0.046% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1244% | 8h | 8.7550 | +0.771% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | +0.050% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7672 | +0.912% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT