Funding you earn now, next payment 05:00 UTC+0.1868%/8h= +204.5% APRpaid last 24h +0.127%
Price spread now: edgeX against Gate+0.039%52s7-day average −0.102% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as 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−$860.858% of the position
Funding, last 7 days−0.292%−$29 on $10k
+Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.039%, 7d avg −0.102%
=Together, before fees−0.458%+ Points / potential airdropedgeX: Active · farm board−$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$56 a day on $10k at the current rate, and edgeX is 0.141% dearer against Gate than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.102%. Mind the row above: over the last 7 days funding on this pair cost −0.292%, so the current rate has only just turned in your favour. The two prices were read 52 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 -0.292% in total (about -15.2% 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 | Gate CXMT_USDT | 8.5980 | −0.1952 | get 0.0244% / 1h | 0m 27s | $5.8M | $13.7M | 50x |
| Short | edgeX CXMTUSDC | 8.6013 | −0.0084 | pay 0.0042% / 4h | 3h 00m | $435K | $242K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $392.23
- Price spread: +0.039% → −0.102%
- $14.1
- Slippage, 4 orders
- −$61.83
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $320.5
- Costs to cover
- 0.858%
- Break-even
- 1.3 days
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 53 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, 3 min ago | 2.91 bp | 11.0 bp −$11 | 26.2 bp −$262 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 53 min ago | 11.98 bp | 22.9 bp −$23 | 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 | −0.4104% | 4h | 8.6026 | +0.053% | $4.4M | $9.0M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3739% | 8h | 8.6030 | +0.058% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3168% | 1h | 8.5665 | −0.366% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2961% | 8h | 8.6000 | +0.023% | $1.4M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2551% | 8h | 8.6030 | +0.058% | $602K | $828K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.1991% | 1h | 8.5953 | −0.031% | $56.1M | $9.1M | 10x | as long as short |
| Gate CXMT_USDTlong | −0.1952% | 1h | 8.5980 | long leg | $5.8M | $13.7M | 50x | |
| Aster CXMTUSDT | −0.1841% | 8h | 8.6271 | +0.338% | $138K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1517% | 1h | 8.5997 | +0.020% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USD | −0.1029% | 1h | 8.6009 | +0.034% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0552% | 1h | 8.5986 | +0.007% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDCshort | −0.0084% | 4h | 8.6013 | +0.039% | $435K | $242K | 10x | |
| Popdex CXMTUSDT | −0.0032% | 1h | 8.6020 | +0.047% | $1K | $115K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6086 | +0.123% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6783 | +0.934% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6300 | +0.372% | $8K | $251K | 50x | as long as short |
Gate CXMT_USDT
edgeX CXMTUSDC
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
tradeXYZ xyz:CXMT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
Lighter CXMT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT