CXMT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h −0.017%

Price spread now: Popdex against Gate+0.222%7-day average +0.048% · 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−$37as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Gate Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.141%−$14 on $10k

Price spread, last 4 days (all we have)−0.241%−$24 · spread now +0.222%, 7d avg +0.048%

Together, before fees−0.382%−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Popdex is 0.174% dearer against Gate than usual: you sell high and buy low (spread +0.222% now, against its 7-day average of +0.048%): +$17 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 4 days (−0.141% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate CXMT_USDT	8.5670	−0.2768	get 0.0346% / 1h	32m 15s	$5.7M	$13.4M	50x
Short	Popdex CXMTUSDT	8.5860	−0.2816	pay 0.0352% / 1h	32m 15s	$2K	$116K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee PopdexbpOrdersPrice spread, now +0.222%Rate

Funding earned: −$10.08
Price spread: +0.222% → +0.048%: $17.37
Slippage, 4 orders: −$33.3
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$47.41
Costs to cover: 0.547%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Popdex: live order book, 11 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	3.50 bp	12.1 bp −$12	26.5 bp −$265	doesn't fit	doesn't fit
Sell Popdex live order book, 11 min ago	2.33 bp	12.5 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	−0.4527%	4h	8.5859	+0.220%	$4.2M	$9.4M	20x	as long as short
OKX CXMT-USDT-SWAP	−0.4125%	8h	8.5920	+0.292%	$1.3M	$5.5M	20x	as long as short
Bybit CXMTUSDT	−0.4041%	8h	8.5870	+0.233%	$1.1M	$1.1M	20x	as long as short
Bitget CXMTUSDT	−0.3657%	8h	8.5880	+0.245%	$620K	$850K	20x	as long as short
Aster CXMTUSDT	−0.3133%	8h	8.5890	+0.257%	$138K	$87K	20x	as long as short
Popdex CXMTUSDTshort	−0.2816%	1h	8.5860	+0.222%	$2K	$116K	20x
Gate CXMT_USDTlong	−0.2768%	1h	8.5670	long leg	$5.7M	$13.4M	50x
Polymarket Perps CXMT-USD	−0.2623%	1h	8.5901	+0.270%	$8K	$50K	10x	as long as short
tradeXYZ xyz:CXMT	−0.2441%	1h	8.5776	+0.124%	$55.9M	$9.9M	10x	as long as short
Ondo Perps CXMT-USD.P	−0.1961%	1h	8.5438	−0.271%	$29K	$33K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CXMT-USD	−0.1627%	1h	8.5839	+0.197%	$228K	$9K	5x	as long as short
SunX CXMT-USDT	−0.1115%	4h	8.5925	+0.298%	$84	$2.4M	10x	as long as short
Lighter CXMT	−0.0768%	1h	8.5882	+0.247%	$101K	$18K	5x	as long as short
ApeX Omni CXMTUSDT	−0.0115%	1h	8.6100	+0.502%	$8K	$251K	50x	as long as short
edgeX CXMTUSDC	−0.0010%	4h	8.5744	+0.086%	$452K	$260K	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6199	+0.617%	$32K	$39K	10x	as long as short