Funding you earn now, next payment 06:00 UTC+0.5289%/8h= +579.1% APRpaid last 24h +0.149%
Price spread now: edgeX against Popdex−0.038%59s7-day average −0.151% · 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—prices read too far apart to compare
costs, in and out, $10k−$1161.159% of the position
Funding, last 4 days (all we have)+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.093%−$9 · spread now −0.038%, 7d avg −0.151%
=Together, before fees+0.049%+ Points / potential airdropedgeX: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$159 a day on $10k at the current rate, and edgeX is 0.113% dearer against Popdex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.151%. The two prices were read 59 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 4 days it paid 0.142% in total (about 14.2% 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 | Popdex CXMTUSDT | 8.5780 | −0.5312 | get 0.0664% / 1h | 30m 04s | $2K | $115K | 20x |
| Short | edgeX CXMTUSDC | 8.5748 | −0.0023 | pay 0.0012% / 4h | 2h 30m | $434K | $243K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Popdex. 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
- $1,110.67
- Price spread: −0.038% → −0.151%
- $11.33
- Slippage, 4 orders
- −$100.5
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $1,006.09
- Costs to cover
- 1.159%
- Break-even
- 0.7 days
Slippage from Popdex: live order book, 19 min ago; edgeX: live order book, 18 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 Popdex live order book, 19 min ago | 9.26 bp | 22.1 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 10.94 bp | 22.5 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDTlong | −0.5312% | 1h | 8.5780 | long leg | $2K | $115K | 20x | |
| Binance CXMTUSDT | −0.4590% | 4h | 8.5833 | +0.062% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4037% | 8h | 8.5830 | +0.058% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3796% | 1h | 8.5799 | +0.022% | $56.1M | $9.4M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3527% | 8h | 8.5780 | 0.000% | $1.3M | $5.2M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3464% | 1h | 8.6464 | +0.797% | $8K | $52K | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3191% | 1h | 8.5423 | −0.416% | $28K | $33K | 10x | as long as short |
| Gate CXMT_USDT | −0.3136% | 1h | 8.5620 | −0.187% | $5.7M | $13.7M | 50x | as long as short |
| SoDEX CXMT-USD | −0.3121% | 1h | 8.5783 | +0.003% | $228K | $9K | 5x | as long as short |
| Bitget CXMTUSDT | −0.3091% | 8h | 8.5840 | +0.070% | $602K | $833K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CXMTUSDT | −0.2630% | 1h | 8.6100 | +0.373% | $8K | $251K | 50x | as long as short |
| Aster CXMTUSDT | −0.2404% | 8h | 8.6180 | +0.466% | $138K | $105K | 20x | as long as short |
| Lighter CXMT | −0.2176% | 1h | 8.6059 | +0.325% | $101K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1017% | 4h | 8.6454 | +0.786% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDCshort | −0.0023% | 4h | 8.5748 | −0.038% | $434K | $243K | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6739 | +1.118% | $32K | $38K | 10x | as long as short |
Popdex CXMTUSDT
edgeX CXMTUSDC
Binance CXMTUSDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Gate CXMT_USDT
SoDEX CXMT-USD
Bitget CXMTUSDT
ApeX Omni CXMTUSDT
Aster CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
HTX CXMT-USDT