CXMT

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.1074%/8h= +117.6% APRnext payment +$1.34 per $10,000 · paid last 24h +0.073%

Price spread now: SoDEX against Gate−0.028%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$850.850% of the position

Long on Gate Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.047%−$5 · spread now −0.028%, 7d avg −0.074%

Together, before fees+0.003%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and SoDEX is 0.045% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.074%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.049% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.34 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	8.5370	−0.1024	get 0.0128% / 1h	55m 54s	$5.7M	$13.5M	50x
Short	SoDEX CXMT-USD	8.5346	0.0050	get 0.0006% / 1h	55m 54s	$227K	$12K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $225.54
Price spread: −0.028% → −0.074%: $4.55
Slippage, 4 orders: −$62
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $145.08
Costs to cover: 0.850%
Break-even: 2.5 days

Slippage from Gate: live order book, 3 min ago; SoDEX: live order book, 38 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	2.34 bp	16.7 bp −$17	35.3 bp −$353	doesn't fit	doesn't fit
Sell SoDEX live order book, 38 min ago	1.47 bp	26.8 bp −$27	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
OKX CXMT-USDT-SWAP	−0.2941%	8h	8.5370	0.000%	$1.1M	$6.0M	20x	as long as short
Bitget CXMTUSDT	−0.2891%	8h	8.5420	+0.059%	$663K	$1.1M	20x	as long as short
Binance CXMTUSDT	−0.2094%	4h	8.5400	+0.035%	$4.0M	$10.2M	20x	as long as short
Aster CXMTUSDT	−0.1954%	8h	8.5412	+0.049%	$136K	$71K	20x	as long as short
Bybit CXMTUSDT	−0.1114%	8h	8.5380	+0.012%	$926K	$1.6M	20x	as long as short
Gate CXMT_USDTlong	−0.1024%	1h	8.5370	long leg	$5.7M	$13.5M	50x
Ondo Perps CXMT-USD.P	−0.0685%	1h	8.5467	+0.114%	$28K	$41K	10x	as long as short
Lighter CXMT	−0.0040%	1h	8.5459	+0.104%	$100K	$15K	5x	as long as short
edgeX CXMTUSDC	−0.0026%	4h	8.5329	−0.048%	$457K	$266K	10x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5505	+0.158%	$84	$2.0M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CXMT-USDT	0.0000%	4h	8.5943	+0.671%	$32K	$39K	10x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5450	+0.094%	$2K	$114K	20x	as long as short
tradeXYZ xyz:CXMT	+0.0050%	1h	8.5347	−0.027%	$55.6M	$10.1M	10x	as long as short
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5341	−0.034%	$8K	$46K	10x	as long as short
SoDEX CXMT-USDshort	+0.0050%	1h	8.5346	−0.028%	$227K	$12K	5x
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5400	+0.035%	$8K	$253K	50x	as long as short