Funding you earn now, next payment 08:00 UTC−0.3871%/8h= −423.9% APRnext payment −$19.35 per $10,000 · paid last 24h −0.263%
Price spread now: Binance against edgeX+0.167%90s7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as 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−$850.853% of the position
Funding, last 7 days−0.350%−$35 on $10k
+Price spread, last 4 days (all we have)+0.767%+$77 · spread now +0.167%, 7d avg +0.188%
=Together, before fees+0.417%+ Points / potential airdropedgeX: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$116 a day on $10k at the current rate, and Binance is 0.021% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.188%). Swap the legs. 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 -0.350% in total (about -18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$19.35 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 | edgeX CXMTUSDC | 8.5891 | −0.0032 | get 0.0016% / 4h | 39m 57s | $460K | $266K | 10x |
| Short | Binance CXMTUSDT | 8.6035 | −0.3903 | pay 0.1951% / 4h | 39m 57s | $4.2M | $9.6M | 20x |
edgeX CXMTUSDC
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$812.89
- Price spread: +0.167% → +0.188%
- −$2.08
- Slippage, 4 orders
- −$66.28
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$900.26
- Costs to cover
- 0.853%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 min ago; Binance: live order book, 15 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 edgeX live order book, 64 min ago | 10.97 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.16 bp | 10.6 bp −$11 | 33.7 bp −$337 | 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 | −0.3969% | 8h | 8.6080 | +0.220% | $1.3M | $5.7M | 20x | as long as short |
| Binance CXMTUSDTshort | −0.3903% | 4h | 8.6035 | +0.167% | $4.2M | $9.6M | 20x | |
| Bybit CXMTUSDT | −0.3642% | 8h | 8.6040 | +0.173% | $1.1M | $1.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3640% | 8h | 8.6090 | +0.231% | $647K | $947K | 20x | as long as short |
| Aster CXMTUSDT | −0.3061% | 8h | 8.5948 | +0.066% | $138K | $70K | 20x | as long as short |
| Gate CXMT_USDT | −0.3024% | 1h | 8.5800 | −0.106% | $5.6M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2257% | 1h | 8.5810 | −0.095% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2025% | 1h | 8.5856 | −0.041% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1584% | 1h | 8.5666 | −0.262% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.0860% | 1h | 8.5955 | +0.074% | $229K | $9K | 5x | as long as short |
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0481% | 4h | 8.6102 | +0.245% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0168% | 1h | 8.6006 | +0.134% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDClong | −0.0032% | 4h | 8.5891 | long leg | $460K | $266K | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6660 | +0.895% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6010 | +0.138% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.127% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Lighter CXMT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT