Funding you earn now, next payment 08:00 UTC−0.2762%/8h= −302.4% APRpaid last 24h −0.175%
Price spread now: OKX against edgeX+0.066%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$920.919% of the position
Funding, last 7 days−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.066%, 7d avg +0.101%
=Together, before fees−0.014%+ Points / potential airdropedgeX: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and OKX is 0.035% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.101%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.017% in total (about -0.9% 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 | edgeX CXMTUSDC | 8.6263 | −0.0014 | get 0.0007% / 4h | 3h 41m | $436K | $241K | 10x |
| Short | OKX CXMT-USDT-SWAP | 8.6320 | −0.2776 | pay 0.2776% / 8h | 3h 41m | $1.4M | $5.2M | 20x |
edgeX CXMTUSDC
OKX CXMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$580.02
- Price spread: +0.066% → +0.101%
- −$3.52
- Slippage, 4 orders
- −$72.9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$675.44
- Costs to cover
- 0.919%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 12 min ago; OKX: 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 edgeX live order book, 12 min ago | 11.98 bp | 39.2 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 2.89 bp | 13.5 bp −$13 | 83.7 bp −$837 | 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 | −0.4468% | 4h | 8.6392 | +0.150% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4334% | 8h | 8.6330 | +0.078% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3466% | 1h | 8.6384 | +0.140% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAPshort | −0.2776% | 8h | 8.6320 | +0.066% | $1.4M | $5.2M | 20x | |
| tradeXYZ xyz:CXMT | −0.2556% | 1h | 8.6249 | −0.016% | $56.3M | $9.1M | 10x | as long as short |
| Bitget CXMTUSDT | −0.2488% | 8h | 8.6460 | +0.228% | $603K | $822K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2474% | 1h | 8.6306 | +0.050% | $10K | $47K | 10x | as long as short |
| Gate CXMT_USDT | −0.2416% | 1h | 8.6260 | −0.003% | $5.8M | $13.2M | 50x | as long as short |
| Aster CXMTUSDT | −0.2056% | 8h | 8.6666 | +0.467% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1630% | 1h | 8.6365 | +0.118% | $230K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Aster CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.1128% | 1h | 8.6364 | +0.117% | $102K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0502% | 1h | 8.6400 | +0.159% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0264% | 1h | 8.6390 | +0.147% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDClong | −0.0014% | 4h | 8.6263 | long leg | $436K | $241K | 10x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6485 | +0.257% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6968 | +0.817% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT