Funding you earn now, next payment 04:00 UTC−0.1973%/8h= −216.0% APRpaid last 24h −0.018%
Price spread now: Binance against Bitget+0.184%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$570.574% of the position
Funding, last 7 days−0.151%−$15 on $10k
+Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.184%, 7d avg +0.049%
=The price spread pays, funding is against you. Binance is 0.135% dearer against Bitget than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.049%): +$13 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.151% in total) that is about 6.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.151% in total (about -7.9% 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 | Bitget CXMTUSDT | 8.6980 | −0.1724 | get 0.1724% / 8h | 4h 49m | $594K | $854K | 20x |
| Short | Binance CXMTUSDT | 8.7140 | −0.3697 | pay 0.1848% / 4h | 49m 02s | $4.4M | $8.7M | 20x |
Bitget CXMTUSDT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$414.27
- Price spread: +0.184% → +0.049%
- $13.48
- Slippage, 4 orders
- −$35.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$458.22
- Costs to cover
- 0.574%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; Binance: live order book, 5 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 Bitget live order book, 7 min ago | 2.88 bp | 21.5 bp −$21 | 61.2 bp −$612 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.15 bp | 13.0 bp −$13 | 45.9 bp −$459 | 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 | −0.4728% | 1h | 8.7200 | +0.253% | $1K | $115K | 20x | as long as short |
| Bybit CXMTUSDT | −0.4338% | 8h | 8.6990 | +0.011% | $974K | $797K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4221% | 1h | 8.7940 | +1.104% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4088% | 1h | 8.7039 | +0.068% | $56.6M | $8.7M | 10x | as long as short |
| Binance CXMTUSDTshort | −0.3697% | 4h | 8.7140 | +0.184% | $4.4M | $8.7M | 20x | |
| Gate CXMT_USDT | −0.3488% | 1h | 8.6970 | −0.011% | $5.7M | $12.2M | 50x | as long as short |
| SoDEX CXMT-USD | −0.3469% | 1h | 8.7015 | +0.040% | $231K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2848% | 1h | 8.6802 | −0.205% | $29K | $33K | 10x | as long as short |
| Lighter CXMT | −0.1848% | 1h | 8.7490 | +0.586% | $102K | $15K | 5x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1738% | 8h | 8.7000 | +0.023% | $1.4M | $5.1M | 20x | as long as short |
Popdex CXMTUSDT
Bybit CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Gate CXMT_USDT
SoDEX CXMT-USD
Ondo Perps CXMT-USD.P
Lighter CXMT
OKX CXMT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDTlong | −0.1724% | 8h | 8.6980 | long leg | $594K | $854K | 20x | |
| SunX CXMT-USDT | −0.1705% | 4h | 8.7237 | +0.295% | $85 | $2.4M | 10x | as long as short |
| Aster CXMTUSDT | −0.1507% | 8h | 8.7173 | +0.221% | $144K | $99K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1298% | 1h | 8.7300 | +0.368% | $8K | $250K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0001% | 4h | 8.7168 | +0.217% | $441K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7895 | +1.052% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Aster CXMTUSDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT