Funding you earn now, next payment 05:00 UTC−0.1030%/8h= −112.8% APRpaid last 24h −0.090%
Price spread now: SoDEX against edgeX+0.045%75s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1171.173% of the position
Funding, last 3 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.045%, 7d avg +0.020%
=Together, before fees−0.018%+ Points / potential airdropedgeX: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SoDEX is 0.025% dearer against edgeX than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of +0.020%): +$2 on $10k if it goes back. Holding the pair costs −$31 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 3 days (−0.020% in total) that is about 4.1 days. The two prices were read 75 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 3 days it paid -0.020% in total (about -2.2% 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 | edgeX CXMTUSDC | 8.6121 | −0.0100 | get 0.0050% / 4h | 3h 20m | $436K | $241K | 10x |
| Short | SoDEX CXMT-USD | 8.6160 | −0.1129 | pay 0.0141% / 1h | 20m 19s | $229K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$216.27
- Price spread: +0.045% → +0.020%
- $2.48
- Slippage, 4 orders
- −$100.3
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$331.09
- Costs to cover
- 1.173%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; SoDEX: live order book, 33 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, 33 min ago | 11.98 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 33 min ago | 1.56 bp | 28.3 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | −0.4311% | 4h | 8.6201 | +0.093% | $4.5M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4006% | 8h | 8.6200 | +0.091% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3232% | 1h | 8.5859 | −0.305% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2879% | 8h | 8.6180 | +0.068% | $1.4M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2513% | 8h | 8.6210 | +0.103% | $600K | $825K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2144% | 1h | 8.6113 | −0.010% | $56.2M | $9.1M | 10x | as long as short |
| Gate CXMT_USDT | −0.2104% | 1h | 8.6130 | +0.010% | $5.8M | $13.4M | 50x | as long as short |
| Aster CXMTUSDT | −0.1945% | 8h | 8.6498 | +0.437% | $139K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1787% | 1h | 8.6187 | +0.076% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.1129% | 1h | 8.6160 | +0.045% | $229K | $9K | 5x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0672% | 1h | 8.6197 | +0.088% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDClong | −0.0100% | 4h | 8.6121 | long leg | $436K | $241K | 10x | |
| Popdex CXMTUSDT | −0.0056% | 1h | 8.6200 | +0.091% | $1K | $115K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6250 | +0.149% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6875 | +0.875% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0021% | 1h | 8.6200 | +0.091% | $8K | $250K | 50x | as long as short |
edgeX CXMTUSDC
SoDEX CXMT-USD
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
tradeXYZ xyz:CXMT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
Lighter CXMT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT