Funding you earn now, next payment 10:00 UTC−0.0930%/8h= −101.8% APRnext payment −$1.16 per $10,000 · paid last 24h −0.073%
Price spread now: Gate against SoDEX+0.022%52s7-day average +0.074% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$850.850% of the position
Funding, last 4 days (all we have)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.022%, 7d avg +0.074%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Gate is 0.051% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.074%). Swap the legs. The two prices were read 52 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 4 days it paid -0.049% in total (about -5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.16 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 | SoDEX CXMT-USD | 8.5341 | 0.0050 | pay 0.0006% / 1h | 57m 20s | $227K | $12K | 5x |
| Short | Gate CXMT_USDT | 8.5360 | −0.0880 | pay 0.0110% / 1h | 57m 20s | $5.8M | $13.4M | 50x |
SoDEX CXMT-USD
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SoDEX. 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
- −$195.3
- Price spread: +0.022% → +0.074%
- −$5.13
- Slippage, 4 orders
- −$62
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$285.43
- Costs to cover
- 0.850%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 36 min ago; Gate: 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 SoDEX live order book, 36 min ago | 1.47 bp | 27.1 bp −$27 | 1575.6 bp −$15.8K | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.34 bp | 14.5 bp −$14 | 22.7 bp −$227 | 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 | −0.2958% | 8h | 8.5420 | +0.093% | $1.1M | $6.0M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2907% | 8h | 8.5420 | +0.093% | $663K | $1.1M | 20x | as long as short |
| Binance CXMTUSDT | −0.2109% | 4h | 8.5440 | +0.116% | $4.0M | $10.2M | 20x | as long as short |
| Aster CXMTUSDT | −0.1969% | 8h | 8.5410 | +0.080% | $136K | $71K | 20x | as long as short |
| Bybit CXMTUSDT | −0.1166% | 8h | 8.5360 | +0.022% | $926K | $1.6M | 20x | as long as short |
| Gate CXMT_USDTshort | −0.0880% | 1h | 8.5360 | +0.022% | $5.8M | $13.4M | 50x | |
| Ondo Perps CXMT-USD.P | −0.0666% | 1h | 8.5467 | +0.148% | $28K | $41K | 10x | as long as short |
| Lighter CXMT | −0.0064% | 1h | 8.5446 | +0.123% | $100K | $15K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0026% | 4h | 8.5329 | −0.014% | $457K | $266K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5500 | +0.186% | $84 | $2.0M | 10x | as long as short |
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Binance CXMTUSDT
Aster CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
Lighter CXMT
edgeX CXMTUSDC
SunX CXMT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CXMT-USDT | 0.0000% | 4h | 8.6063 | +0.846% | $32K | $39K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5450 | +0.128% | $2K | $114K | 20x | as long as short |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5343 | +0.002% | $55.6M | $10.1M | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5341 | 0.000% | $8K | $46K | 10x | as long as short |
| SoDEX CXMT-USDlong | +0.0050% | 1h | 8.5341 | long leg | $227K | $12K | 5x | |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5400 | +0.069% | $8K | $253K | 50x | as long as short |
HTX CXMT-USDT
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT