Funding you earn now, next payment 12:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h −0.303%
Price spread now: OKX against edgeX−0.025%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.250%−$25 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.025%, 7d avg +0.097%
=Together, before fees−0.169%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.122% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.097%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX CXMTUSDC | 8.5691 | −0.0004 | get 0.0002% / 4h | 31m 17s | $460K | $268K | 10x |
| Short | OKX CXMT-USDT-SWAP | 8.5670 | −0.0467 | pay 0.0467% / 8h | 4h 31m | $1.1M | $5.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$97.31
- Price spread: −0.025% → +0.097%
- −$12.24
- Slippage, 4 orders
- −$51.12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$179.67
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; OKX: 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 edgeX live order book, 10 min ago | 3.73 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 1.17 bp | 18.9 bp −$19 | 175.8 bp −$1,758 | doesn't fit | doesn't fit |
CXMT on 16 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate CXMT_USDT | −0.0824% | 1h | 8.5630 | −0.072% | $5.1M | $14.6M | 50x | as long as short |
| Bitget CXMTUSDT | −0.0556% | 8h | 8.5680 | −0.013% | $618K | $1.1M | 20x | as long as short |
| OKX CXMT-USDT-SWAPshort | −0.0467% | 8h | 8.5670 | −0.025% | $1.1M | $5.9M | 20x | |
| Aster CXMTUSDT | −0.0369% | 8h | 8.5809 | +0.137% | $137K | $71K | 20x | as long as short |
| edgeX CXMTUSDClong | −0.0004% | 4h | 8.5691 | long leg | $460K | $268K | 10x | |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5680 | −0.013% | $4.0M | $10.4M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5650 | −0.048% | $912K | $1.6M | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5725 | +0.039% | $84 | $1.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6481 | +0.921% | $31K | $41K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5757 | +0.077% | $101K | $14K | 5x | as long as short |
Show all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:CXMT | +0.0041% | 1h | 8.5644 | −0.055% | $55.7M | $10.0M | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5680 | −0.013% | $3K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5631 | −0.071% | $8K | $48K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5640 | −0.060% | $228K | $12K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5800 | +0.127% | $8K | $254K | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0128% | 1h | 8.5739 | +0.056% | $28K | $42K | 10x | as long as short |
edgeX CXMTUSDC
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Lighter CXMT
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT