Funding you earn now, next payment 06:00 UTC+0.0874%/8h= +95.7% APRpaid last 24h +0.034%
Price spread now: Gate against Bybit−0.116%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$770.767% of the position
Funding, last 7 days+0.403%+$40 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.116%, 7d avg +0.016%
=Funding pays, the price is against you. Gate is 0.132% cheaper against Bybit than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of +0.016%). If the spread goes back, that is −$13 on $10k: about 12 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.403% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.403% in total (about 21.0% 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 | Bybit CXMTUSDT | 8.6090 | −0.4202 | get 0.4202% / 8h | 2h 16m | $1.1M | $1.1M | 20x |
| Short | Gate CXMT_USDT | 8.5990 | −0.3328 | pay 0.0416% / 1h | 16m 26s | $5.7M | $13.9M | 50x |
Bybit CXMTUSDT
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $183.58
- Price spread: −0.116% → +0.016%
- −$13.2
- Slippage, 4 orders
- −$50.74
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $93.64
- Costs to cover
- 0.767%
- Break-even
- 3.4 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 2 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 Bybit live order book, 4 min ago | 4.07 bp | 16.8 bp −$17 | 246.9 bp −$2,469 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.91 bp | 15.8 bp −$16 | 32.7 bp −$327 | 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 | −0.5704% | 1h | 8.6080 | −0.012% | $2K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4845% | 4h | 8.6081 | −0.010% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDTlong | −0.4202% | 8h | 8.6090 | long leg | $1.1M | $1.1M | 20x | |
| tradeXYZ xyz:CXMT | −0.3870% | 1h | 8.6055 | −0.041% | $56.3M | $9.5M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3810% | 8h | 8.6090 | 0.000% | $1.3M | $5.3M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3617% | 1h | 8.6284 | +0.225% | $9K | $51K | 10x | as long as short |
| Bitget CXMTUSDT | −0.3378% | 8h | 8.6070 | −0.023% | $607K | $841K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3359% | 1h | 8.6005 | −0.099% | $29K | $33K | 10x | as long as short |
| Gate CXMT_USDTshort | −0.3328% | 1h | 8.5990 | −0.116% | $5.7M | $13.9M | 50x | |
| SoDEX CXMT-USD | −0.3144% | 1h | 8.6098 | +0.009% | $229K | $9K | 5x | as long as short |
Popdex CXMTUSDT
Binance CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.2734% | 8h | 8.6099 | +0.010% | $138K | $105K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.2618% | 1h | 8.6300 | +0.244% | $8K | $251K | 50x | as long as short |
| Lighter CXMT | −0.2296% | 1h | 8.6361 | +0.315% | $101K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1578% | 4h | 8.6757 | +0.775% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0021% | 4h | 8.5931 | −0.185% | $435K | $242K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6731 | +0.745% | $32K | $38K | 10x | as long as short |
Aster CXMTUSDT
ApeX Omni CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT