Funding you earn now, next payment 08:00 UTC+0.2697%/8h= +295.3% APRpaid last 24h +0.130%
Price spread now: SunX against Bitget+0.041%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)−0.114%−$11 · spread now +0.041%, 7d avg +0.061%
=Funding pays, the price is against you. SunX is 0.020% cheaper against Bitget than usual: you would sell low and buy high (spread +0.041% now, against its 7-day average of +0.061%). If the spread goes back, that is −$2 on $10k: about under an hour of funding at the current rate (+$81 a day). At the pace of the last 7 days (+0.110% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.7% 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 | 8.5940 | −0.3677 | get 0.3677% / 8h | 1h 22m | $626K | $848K | 20x |
| Short | SunX CXMT-USDT | 8.5975 | −0.0980 | pay 0.0490% / 4h | 1h 22m | $84 | $2.4M | 10x |
Bitget CXMTUSDT
SunX CXMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $566.35
- Price spread: +0.041% → +0.061%
- −$2.02
- Slippage, 4 orders
- −$79.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $464.76
- Costs to cover
- 0.996%
- Break-even
- 1.3 days
Slippage from Bitget: live order book, 18 min ago; SunX: live order book, 4 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, 18 min ago | 2.91 bp | 16.3 bp −$16 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 22.70 bp | 39.6 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | −0.4423% | 4h | 8.5939 | −0.001% | $4.2M | $9.5M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4128% | 8h | 8.5980 | +0.047% | $1.4M | $5.6M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3977% | 8h | 8.5950 | +0.012% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDTlong | −0.3677% | 8h | 8.5940 | long leg | $626K | $848K | 20x | |
| Aster CXMTUSDT | −0.3184% | 8h | 8.5928 | −0.014% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2824% | 1h | 8.5700 | −0.279% | $5.7M | $13.5M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2792% | 1h | 8.5880 | −0.070% | $2K | $116K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2620% | 1h | 8.5830 | −0.128% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2418% | 1h | 8.5832 | −0.126% | $55.9M | $9.7M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1927% | 1h | 8.5721 | −0.255% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
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 | −0.1563% | 1h | 8.5880 | −0.070% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDTshort | −0.0980% | 4h | 8.5975 | +0.041% | $84 | $2.4M | 10x | |
| Lighter CXMT | −0.0696% | 1h | 8.5876 | −0.074% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0244% | 1h | 8.6100 | +0.186% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0077% | 4h | 8.5683 | −0.299% | $459K | $266K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6562 | +0.724% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT