Funding you earn now, next payment 08:00 UTC+0.3116%/8h= +341.2% APRnext payment +$3.90 per $10,000 · paid last 24h +0.156%
Price spread now: ApeX Omni against Gate+0.361%81s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as 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−$1371.373% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.410%−$41 · spread now +0.361%, 7d avg +0.008%
=Both sides work for this trade now. Funding pays +$93 a day on $10k at the current rate, and ApeX Omni is 0.353% dearer against Gate than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 81 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 0.044% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 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 | Gate CXMT_USDT | 8.5790 | −0.3016 | get 0.0377% / 1h | 38m 08s | $5.6M | $13.4M | 50x |
| Short | ApeX Omni CXMTUSDT | 8.6100 | 0.0100 | get 0.0013% / 1h | 38m 08s | $8K | $252K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Gate. 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
- $654.36
- Price spread: +0.361% → +0.008%
- $35.33
- Slippage, 4 orders
- −$112.3
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $552.39
- Costs to cover
- 1.373%
- Break-even
- 1.1 days
Slippage from Gate: live order book, 1 min ago; ApeX Omni: live order book, 63 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 Gate live order book, 1 min ago | 2.91 bp | 13.7 bp −$14 | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 63 min ago | 34.97 bp | 55.1 bp −$55 | 232.9 bp −$2,329 | 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 | −0.3942% | 8h | 8.6120 | +0.385% | $1.3M | $5.7M | 20x | as long as short |
| Binance CXMTUSDT | −0.3848% | 4h | 8.6035 | +0.285% | $4.2M | $9.6M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3619% | 8h | 8.6110 | +0.373% | $647K | $950K | 20x | as long as short |
| Bybit CXMTUSDT | −0.3611% | 8h | 8.6090 | +0.350% | $1.1M | $1.2M | 20x | as long as short |
| Aster CXMTUSDT | −0.3050% | 8h | 8.5943 | +0.179% | $138K | $70K | 20x | as long as short |
| Gate CXMT_USDTlong | −0.3016% | 1h | 8.5790 | long leg | $5.6M | $13.4M | 50x | |
| Polymarket Perps CXMT-USD | −0.2184% | 1h | 8.5799 | +0.010% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1967% | 1h | 8.5883 | +0.108% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1549% | 1h | 8.5666 | −0.145% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.0777% | 1h | 8.5965 | +0.204% | $229K | $9K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0452% | 4h | 8.6099 | +0.360% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0152% | 1h | 8.5999 | +0.244% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0013% | 4h | 8.5864 | +0.087% | $460K | $266K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6588 | +0.930% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6020 | +0.268% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDTshort | +0.0100% | 1h | 8.6100 | +0.361% | $8K | $252K | 50x |
Gate CXMT_USDT
ApeX Omni CXMTUSDT
OKX CXMT-USDT-SWAP
Binance CXMTUSDT
Bitget CXMTUSDT
Bybit CXMTUSDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT