Funding you earn now, next payment 04:00 UTC+0.2182%/8h= +239.0% APRpaid last 24h −0.045%
Price spread now: Bitget against tradeXYZ+0.017%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$630.625% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.017%, 7d avg +0.138%
=Together, before fees+0.099%+ Points / potential airdroptradeXYZ: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.121% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.017% now, against its 7-day average of +0.138%). If the spread goes back, that is −$12 on $10k: about 4 hours of funding at the current rate (+$65 a day). At the pace of the last 7 days (+0.040% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% 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 | tradeXYZ xyz:CXMT | 8.6805 | −0.4154 | get 0.0519% / 1h | 39m 35s | $56.5M | $8.8M | 10x |
| Short | Bitget CXMTUSDT | 8.6820 | −0.1972 | pay 0.1972% / 8h | 4h 39m | $593K | $851K | 20x |
tradeXYZ xyz:CXMT
Bitget CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $458.28
- Price spread: +0.017% → +0.138%
- −$12.12
- Slippage, 4 orders
- −$32.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $383.61
- Costs to cover
- 0.625%
- Break-even
- 1.1 days
Slippage from tradeXYZ: live order book, 10 min ago; Bitget: live order book, 16 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 tradeXYZ live order book, 10 min ago | 0.34 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 16 min ago | 2.88 bp | 10.0 bp −$10 | 26.9 bp −$269 | 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 CXMTUSDT | −0.4888% | 1h | 8.6960 | +0.179% | $1K | $115K | 20x | as long as short |
| Bybit CXMTUSDT | −0.4532% | 8h | 8.6830 | +0.029% | $980K | $861K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4337% | 1h | 8.7187 | +0.440% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4154% | 1h | 8.6805 | long leg | $56.5M | $8.8M | 10x | |
| Binance CXMTUSDT | −0.3993% | 4h | 8.6990 | +0.213% | $4.5M | $8.7M | 20x | as long as short |
| Gate CXMT_USDT | −0.3408% | 1h | 8.6730 | −0.086% | $5.8M | $12.5M | 50x | as long as short |
| SoDEX CXMT-USD | −0.3407% | 1h | 8.6775 | −0.035% | $231K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2915% | 1h | 8.7031 | +0.260% | $29K | $33K | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.2033% | 1h | 8.7300 | +0.570% | $8K | $250K | 50x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1987% | 8h | 8.6820 | +0.017% | $1.4M | $5.1M | 20x | as long as short |
Popdex CXMTUSDT
Bybit CXMTUSDT
Polymarket Perps CXMT-USD
Binance CXMTUSDT
Gate CXMT_USDT
SoDEX CXMT-USD
Ondo Perps CXMT-USD.P
ApeX Omni CXMTUSDT
OKX CXMT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDTshort | −0.1972% | 8h | 8.6820 | +0.017% | $593K | $851K | 20x | |
| Lighter CXMT | −0.1824% | 1h | 8.7093 | +0.332% | $102K | $18K | 5x | as long as short |
| Aster CXMTUSDT | −0.1752% | 8h | 8.7010 | +0.236% | $141K | $99K | 20x | as long as short |
| SunX CXMT-USDT | −0.1729% | 4h | 8.7052 | +0.285% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0100% | 4h | 8.6819 | +0.016% | $439K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7585 | +0.899% | $32K | $37K | 10x | as long as short |
Lighter CXMT
Aster CXMTUSDT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT