Funding you earn now, next payment 08:00 UTC+0.4722%/8h= +517.1% APRnext payment +$23.61 per $10,000 · paid last 24h +0.263%
Price spread now: edgeX against Binance−0.028%100s7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$990.986% of the position
Funding, last 7 days+0.350%+$35 on $10k
+Price spread, last 4 days (all we have)−0.315%−$32 · spread now −0.028%, 7d avg −0.192%
=Together, before fees+0.035%+ Points / potential airdropedgeX: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$142 a day on $10k at the current rate, and edgeX is 0.164% dearer against Binance than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.192%. The two prices were read 100 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 7 days it paid 0.350% in total (about 18.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$23.61 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 | Binance CXMTUSDT | 8.5840 | −0.4787 | get 0.2394% / 4h | 1h 51m | $4.2M | $9.1M | 20x |
| Short | edgeX CXMTUSDC | 8.5816 | −0.0065 | pay 0.0032% / 4h | 1h 51m | $434K | $242K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $991.69
- Price spread: −0.028% → −0.192%
- $16.43
- Slippage, 4 orders
- −$79.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $909.52
- Costs to cover
- 0.986%
- Break-even
- 0.6 days
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 57 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 Binance live order book, 3 min ago | 1.16 bp | 14.1 bp −$14 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 57 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDTlong | −0.4787% | 4h | 8.5840 | long leg | $4.2M | $9.1M | 20x | |
| Bybit CXMTUSDT | −0.4184% | 8h | 8.5880 | +0.047% | $1.1M | $1.1M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4089% | 8h | 8.5880 | +0.047% | $1.3M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3595% | 8h | 8.5810 | −0.035% | $611K | $842K | 20x | as long as short |
| Popdex CXMTUSDT | −0.3264% | 1h | 8.5780 | −0.070% | $2K | $116K | 20x | as long as short |
| Aster CXMTUSDT | −0.3040% | 8h | 8.5843 | +0.004% | $138K | $105K | 20x | as long as short |
| Gate CXMT_USDT | −0.2848% | 1h | 8.5660 | −0.210% | $5.7M | $13.2M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2662% | 1h | 8.5773 | −0.078% | $8K | $52K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2569% | 1h | 8.5756 | −0.098% | $55.9M | $9.6M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2156% | 1h | 8.5835 | −0.006% | $29K | $33K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1766% | 1h | 8.5750 | −0.105% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1454% | 4h | 8.5805 | −0.041% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.1056% | 1h | 8.5793 | −0.055% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0296% | 1h | 8.6000 | +0.186% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDCshort | −0.0065% | 4h | 8.5816 | −0.028% | $434K | $242K | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6796 | +1.114% | $32K | $39K | 10x | as long as short |
Binance CXMTUSDT
edgeX CXMTUSDC
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Popdex CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
ApeX Omni CXMTUSDT
HTX CXMT-USDT