Funding you earn now, next payment 16:00 UTC+0.0935%/8h= +102.3% APRnext payment +$9.35 per $10,000 · paid last 24h +0.069%
Price spread now: Aster against Bitget+0.443%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.357%−$36 · spread now +0.443%, 7d avg +0.017%
=Together, before fees−0.384%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Aster is 0.427% dearer against Bitget than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.35 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 | Bitget CXMTUSDT | 8.5070 | −0.3199 | get 0.3199% / 8h | 7h 30m | $672K | $1.1M | 20x |
| Short | Aster CXMTUSDT | 8.5447 | −0.2264 | pay 0.2264% / 8h | 7h 30m | $137K | $71K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- $196.28
- Price spread: +0.443% → +0.017%
- $42.68
- Slippage, 4 orders
- −$143.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $75.39
- Costs to cover
- 1.636%
- Break-even
- 4.3 days
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 1 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 Bitget live order book, 1 min ago | 2.94 bp | 25.6 bp −$26 | 53.3 bp −$533 | doesn't fit | doesn't fit |
| Sell Aster live order book, 1 min ago | 23.22 bp | 73.0 bp −$73 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAP | −0.3230% | 8h | 8.5030 | −0.047% | $1.2M | $5.9M | 20x | as long as short |
| Bitget CXMTUSDTlong | −0.3199% | 8h | 8.5070 | long leg | $672K | $1.1M | 20x | |
| Binance CXMTUSDT | −0.2611% | 4h | 8.5099 | +0.034% | $4.1M | $10.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.2391% | 8h | 8.5070 | 0.000% | $944K | $1.6M | 20x | as long as short |
| Gate CXMT_USDT | −0.2320% | 1h | 8.4980 | −0.106% | $5.6M | $13.4M | 50x | as long as short |
| Aster CXMTUSDTshort | −0.2264% | 8h | 8.5447 | +0.443% | $137K | $71K | 20x | |
| Ondo Perps CXMT-USD.P | −0.1956% | 1h | 8.5250 | +0.212% | $28K | $41K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1458% | 1h | 8.5131 | +0.072% | $55.5M | $10.1M | 10x | as long as short |
| SoDEX CXMT-USD | −0.0917% | 1h | 8.5095 | +0.029% | $226K | $12K | 5x | as long as short |
| Lighter CXMT | −0.0208% | 1h | 8.5263 | +0.227% | $100K | $18K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.0200% | 1h | 8.5070 | 0.000% | $2K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0019% | 4h | 8.5196 | +0.148% | $456K | $268K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5200 | +0.153% | $83 | $2.3M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.5812 | +0.872% | $31K | $39K | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5600 | +0.623% | $8K | $48K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5100 | +0.035% | $8K | $252K | 50x | as long as short |
Bitget CXMTUSDT
Aster CXMTUSDT
OKX CXMT-USDT-SWAP
Binance CXMTUSDT
Bybit CXMTUSDT
Gate CXMT_USDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Lighter CXMT
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT