Funding you earn now, next payment 05:00 UTC−0.1065%/8h= −116.7% APRnext payment −$1.33 per $10,000 · paid last 24h −0.037%
Price spread now: Gate against SoDEX−0.075%7-day average +0.083% · 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−$100as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 3 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.075%, 7d avg +0.083%
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Gate is 0.158% cheaper against SoDEX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.083%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.015% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.33 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 | SoDEX CXMT-USD | 8.6305 | −0.1175 | get 0.0147% / 1h | 28m 12s | $229K | $9K | 5x |
| Short | Gate CXMT_USDT | 8.6240 | −0.2240 | pay 0.0280% / 1h | 28m 12s | $5.8M | $13.3M | 50x |
SoDEX CXMT-USD
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SoDEX. 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
- −$223.71
- Price spread: −0.075% → +0.083%
- −$15.8
- Slippage, 4 orders
- −$60.87
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$323.39
- Costs to cover
- 0.839%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 25 min ago; Gate: live order book, 5 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 SoDEX live order book, 25 min ago | 1.56 bp | 27.0 bp −$27 | 1456.9 bp −$14.6K | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.32 bp | 11.1 bp −$11 | 25.4 bp −$254 | 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 | −0.4374% | 4h | 8.6330 | +0.029% | $4.5M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4125% | 8h | 8.6360 | +0.064% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3288% | 1h | 8.6019 | −0.331% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2839% | 8h | 8.6240 | −0.075% | $1.4M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2495% | 8h | 8.6310 | +0.006% | $601K | $825K | 20x | as long as short |
| Gate CXMT_USDTshort | −0.2240% | 1h | 8.6240 | −0.075% | $5.8M | $13.3M | 50x | |
| tradeXYZ xyz:CXMT | −0.2232% | 1h | 8.6256 | −0.057% | $56.3M | $9.1M | 10x | as long as short |
| Aster CXMTUSDT | −0.1992% | 8h | 8.6525 | +0.255% | $139K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1975% | 1h | 8.6273 | −0.037% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.1175% | 1h | 8.6305 | long leg | $229K | $9K | 5x |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
tradeXYZ xyz:CXMT
Aster CXMTUSDT
Polymarket Perps CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0800% | 1h | 8.6285 | −0.023% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0115% | 1h | 8.6600 | +0.342% | $8K | $249K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0078% | 4h | 8.6334 | +0.034% | $437K | $243K | 10x | as long as short |
| Popdex CXMTUSDT | −0.0056% | 1h | 8.6310 | +0.006% | $1K | $115K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6360 | +0.064% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6973 | +0.774% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT