Funding you earn now, next payment 05:00 UTC−0.2512%/8h= −275.0% APRpaid last 24h −0.133%
Price spread now: tradeXYZ against edgeX−0.076%86s7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as 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−$900.896% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.076%, 7d avg +0.006%
=Together, before fees−0.054%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$75 a day on $10k at the current rate, and tradeXYZ is 0.082% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.006%). Swap the legs. The two prices were read 86 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 -0.115% in total (about -6.0% 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 | edgeX CXMTUSDC | 8.6340 | −0.0094 | get 0.0047% / 4h | 3h 43m | $437K | $242K | 10x |
| Short | tradeXYZ xyz:CXMT | 8.6275 | −0.2606 | pay 0.0326% / 1h | 43m 52s | $56.3M | $9.1M | 10x |
edgeX CXMTUSDC
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$527.45
- Price spread: −0.076% → +0.006%
- −$8.15
- Slippage, 4 orders
- −$62.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$625.21
- Costs to cover
- 0.896%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 10 min ago; tradeXYZ: live order book, 6 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 | 11.98 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 1.33 bp | 12.2 bp −$12 | 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 | −0.4461% | 4h | 8.6360 | +0.023% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4364% | 8h | 8.6320 | −0.024% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3485% | 1h | 8.6353 | +0.015% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2761% | 8h | 8.6330 | −0.012% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.2606% | 1h | 8.6275 | −0.076% | $56.3M | $9.1M | 10x | |
| Polymarket Perps CXMT-USD | −0.2525% | 1h | 8.6277 | −0.073% | $10K | $47K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2474% | 8h | 8.6460 | +0.139% | $603K | $822K | 20x | as long as short |
| Gate CXMT_USDT | −0.2432% | 1h | 8.6260 | −0.093% | $5.8M | $13.1M | 50x | as long as short |
| Aster CXMTUSDT | −0.2054% | 8h | 8.6682 | +0.396% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1668% | 1h | 8.6315 | −0.029% | $230K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
Gate CXMT_USDT
Aster CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.1176% | 1h | 8.6358 | +0.020% | $102K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0570% | 1h | 8.6400 | +0.069% | $8K | $250K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0336% | 1h | 8.6350 | +0.011% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDClong | −0.0094% | 4h | 8.6340 | long leg | $437K | $242K | 10x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6391 | +0.059% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7063 | +0.837% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT