Funding you earn now, next payment 08:00 UTC−0.4620%/8h= −505.9% APRnext payment −$23.10 per $10,000 · paid last 24h −0.263%
Price spread now: Binance against edgeX−0.074%80s7-day average +0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$134as 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)+0.393%+$39 · spread now −0.074%, 7d avg +0.190%
=Together, before fees+0.043%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$139 a day on $10k at the current rate, and Binance is 0.263% cheaper against edgeX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.190%). Swap the legs. The two prices were read 80 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 −$23.10 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 | edgeX CXMTUSDC | 8.5843 | −0.0001 | get 0.0000% / 4h | 1h 44m | $434K | $243K | 10x |
| Short | Binance CXMTUSDT | 8.5780 | −0.4621 | pay 0.2311% / 4h | 1h 44m | $4.2M | $9.3M | 20x |
edgeX CXMTUSDC
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$970.25
- Price spread: −0.074% → +0.190%
- −$26.33
- Slippage, 4 orders
- −$79.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,095.18
- Costs to cover
- 0.986%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 64 min ago; Binance: live order book, 10 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 edgeX live order book, 64 min ago | 10.94 bp | 52.0 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.16 bp | 10.0 bp −$10 | 39.2 bp −$392 | 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 CXMTUSDTshort | −0.4621% | 4h | 8.5780 | −0.074% | $4.2M | $9.3M | 20x | |
| Bybit CXMTUSDT | −0.4093% | 8h | 8.5820 | −0.027% | $1.1M | $1.1M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4077% | 8h | 8.5810 | −0.039% | $1.3M | $5.4M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3592% | 8h | 8.5900 | +0.066% | $620K | $850K | 20x | as long as short |
| Aster CXMTUSDT | −0.3050% | 8h | 8.6061 | +0.254% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2608% | 1h | 8.5590 | −0.295% | $5.7M | $13.3M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2414% | 1h | 8.5700 | −0.167% | $8K | $52K | 10x | as long as short |
| Popdex CXMTUSDT | −0.2360% | 1h | 8.5800 | −0.050% | $2K | $116K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2263% | 1h | 8.5657 | −0.217% | $55.8M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1747% | 1h | 8.5766 | −0.090% | $29K | $33K | 10x | as long as short |
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1291% | 1h | 8.5744 | −0.115% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1223% | 4h | 8.5851 | +0.009% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0584% | 1h | 8.5798 | −0.053% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0097% | 1h | 8.5900 | +0.066% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDClong | −0.0001% | 4h | 8.5843 | long leg | $434K | $243K | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6520 | +0.789% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
ApeX Omni CXMTUSDT
HTX CXMT-USDT