Funding you earn now, next payment 12:00 UTC+0.2169%/8h= +237.5% APRnext payment +$10.85 per $10,000 · paid last 24h +0.319%
Price spread now: edgeX against Binance−0.040%90s7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$840.838% of the position
Funding, last 7 days+0.473%+$47 on $10k
+Price spread, last 4 days (all we have)−0.494%−$49 · spread now −0.040%, 7d avg −0.189%
=Together, before fees−0.021%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$65 a day on $10k at the current rate, and edgeX is 0.148% dearer against Binance than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.189%. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.473% in total (about 24.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.85 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 | Binance CXMTUSDT | 8.5390 | −0.2267 | get 0.1134% / 4h | 3h 02m | $4.0M | $10.2M | 20x |
| Short | edgeX CXMTUSDC | 8.5356 | −0.0098 | pay 0.0049% / 4h | 3h 02m | $457K | $267K | 10x |
Binance CXMTUSDT
edgeX CXMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $455.56
- Price spread: −0.040% → −0.189%
- $14.83
- Slippage, 4 orders
- −$64.85
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $386.54
- Costs to cover
- 0.838%
- Break-even
- 1.1 days
Slippage from Binance: live order book, 8 min ago; edgeX: live order book, 32 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 Binance live order book, 8 min ago | 1.17 bp | 9.2 bp −$9 | 36.3 bp −$363 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 32 min ago | 10.80 bp | 21.6 bp −$22 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAP | −0.3043% | 8h | 8.5350 | −0.047% | $1.1M | $6.0M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2988% | 8h | 8.5350 | −0.047% | $664K | $1.1M | 20x | as long as short |
| Binance CXMTUSDTlong | −0.2267% | 4h | 8.5390 | long leg | $4.0M | $10.2M | 20x | |
| Ondo Perps CXMT-USD.P | −0.2152% | 1h | 8.5366 | −0.028% | $28K | $41K | 10x | as long as short |
| Aster CXMTUSDT | −0.2028% | 8h | 8.5400 | +0.011% | $136K | $71K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1908% | 1h | 8.5341 | −0.057% | $8K | $46K | 10x | as long as short |
| Gate CXMT_USDT | −0.1784% | 1h | 8.5320 | −0.082% | $5.8M | $13.7M | 50x | as long as short |
| Bybit CXMTUSDT | −0.1468% | 8h | 8.5350 | −0.047% | $928K | $1.6M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.1449% | 1h | 8.5329 | −0.071% | $55.6M | $10.1M | 10x | as long as short |
| SoDEX CXMT-USD | −0.0722% | 1h | 8.5340 | −0.059% | $227K | $12K | 5x | as long as short |
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Ondo Perps CXMT-USD.P
Aster CXMTUSDT
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0304% | 1h | 8.5402 | +0.014% | $100K | $18K | 5x | as long as short |
| edgeX CXMTUSDCshort | −0.0098% | 4h | 8.5356 | −0.040% | $457K | $267K | 10x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5476 | +0.101% | $84 | $2.0M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.5909 | +0.608% | $32K | $39K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5420 | +0.035% | $2K | $114K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5400 | +0.012% | $8K | $253K | 50x | as long as short |
Lighter CXMT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT