Funding you earn now, next payment 03:00 UTC−0.1184%/8h= −129.6% APRpaid last 24h +0.071%
Price spread now: Gate against Bitget+0.023%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$640.644% of the position
Funding, last 7 days+0.424%+$42 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.023%, 7d avg −0.034%
=The price spread pays, funding is against you. Gate is 0.058% dearer against Bitget than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.034%): +$6 on $10k if it goes back. Holding the pair costs −$36 a day in funding at the current rate, which eats that in about 4 hours. Mind the row above: over the last 7 days funding on this pair paid +0.424%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.424% in total (about 22.1% 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 | Bitget CXMTUSDT | 8.5870 | 0 | get 0.0000% / 8h | 5h 58m | $604K | $827K | 20x |
| Short | Gate CXMT_USDT | 8.5890 | −0.1184 | pay 0.0148% / 1h | 58m 17s | $5.1M | $10.2M | 50x |
Bitget CXMTUSDT
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$248.64
- Price spread: +0.023% → −0.034%
- $5.78
- Slippage, 4 orders
- −$37.39
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$307.25
- Costs to cover
- 0.644%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 5 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, 2 min ago | 2.92 bp | 19.2 bp −$19 | 55.2 bp −$552 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 1.17 bp | 13.2 bp −$13 | 28.2 bp −$282 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.5944% | 1h | 8.5970 | +0.116% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4434% | 1h | 8.6292 | +0.491% | $8K | $45K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4250% | 1h | 8.5839 | −0.036% | $55.4M | $7.2M | 10x | as long as short |
| SoDEX CXMT-USD | −0.3450% | 1h | 8.5855 | −0.017% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3317% | 1h | 8.5801 | −0.080% | $23K | $25K | 10x | as long as short |
| Lighter CXMT | −0.1856% | 1h | 8.6204 | +0.389% | $101K | $21K | 5x | as long as short |
| Gate CXMT_USDTshort | −0.1184% | 1h | 8.5890 | +0.023% | $5.1M | $10.2M | 50x | |
| Bybit CXMTUSDT | −0.0735% | 8h | 8.5840 | −0.035% | $958K | $580K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0038% | 4h | 8.5636 | −0.272% | $433K | $242K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6081 | +0.246% | $167K | $70K | 20x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Ondo Perps CXMT-USD.P
Lighter CXMT
Bybit CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | 0.0000% | 4h | 8.5918 | +0.056% | $4.3M | $7.7M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5800 | −0.082% | $1.2M | $4.5M | 20x | as long as short |
| Bitget CXMTUSDTlong | 0.0000% | 8h | 8.5870 | long leg | $604K | $827K | 20x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.4511 | −1.583% | $83 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6601 | +0.851% | $31K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5700 | −0.198% | $8K | $250K | 50x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT