Funding you earn now, next payment 00:00 UTC−0.0760%/8h= −83.2% APRpaid last 24h +0.110%
Price spread now: SunX against Gate+0.176%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$960.959% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 3 days (all we have)−0.266%−$27 · spread now +0.176%, 7d avg +0.095%
=The price spread pays, funding is against you. SunX is 0.081% dearer against Gate than usual: you sell high and buy low (spread +0.176% now, against its 7-day average of +0.095%): +$8 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.253% in total) that is about 2.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.253% in total (about -13.2% 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 | 8.5970 | 0.0760 | pay 0.0095% / 1h | 47m 11s | $4.8M | $13.1M | 50x |
| Short | SunX CXMT-USDT | 8.6121 | 0 | get 0.0000% / 4h | 47m 11s | $84 | $2.6M | 10x |
Gate CXMT_USDT
SunX CXMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$159.6
- Price spread: +0.176% → +0.095%
- $8.1
- Slippage, 4 orders
- −$72.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$247.44
- Costs to cover
- 0.959%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; SunX: live order book, 9 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 | 2.33 bp | 12.9 bp −$13 | 27.0 bp −$270 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 23.25 bp | 41.3 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0081% | 4h | 8.5938 | −0.037% | $435K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5873 | −0.112% | $166K | $69K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5960 | −0.012% | $973K | $697K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6030 | +0.070% | $1.2M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5980 | +0.012% | $544K | $880K | 20x | as long as short |
| SunX CXMT-USDTshort | 0.0000% | 4h | 8.6121 | +0.176% | $84 | $2.6M | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6672 | +0.817% | $31K | $38K | 10x | as long as short |
| Binance CXMTUSDT | +0.0018% | 4h | 8.6061 | +0.105% | $4.0M | $8.9M | 20x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6050 | +0.093% | $5K | $111K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.035% | $8K | $249K | 50x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
HTX CXMT-USDT
Binance CXMTUSDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | +0.0352% | 1h | 8.5945 | −0.029% | $229K | $9K | 5x | as long as short |
| Polymarket Perps CXMT-USD | +0.0646% | 1h | 8.5901 | −0.080% | $8K | $47K | 10x | as long as short |
| Gate CXMT_USDTlong | +0.0760% | 1h | 8.5970 | long leg | $4.8M | $13.1M | 50x | |
| Lighter CXMT | +0.0856% | 1h | 8.6070 | +0.116% | $102K | $29K | 5x | as long as short |
| tradeXYZ xyz:CXMT | +0.1119% | 1h | 8.5924 | −0.054% | $55.3M | $8.2M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | +0.1582% | 1h | 8.5992 | +0.026% | $23K | $50K | 10x | as long as short |
SoDEX CXMT-USD
Polymarket Perps CXMT-USD
Lighter CXMT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P