Funding you earn now, next payment 05:00 UTC+0.0509%/8h= +55.7% APRpaid last 24h +0.038%
Price spread now: tradeXYZ against Bitget−0.168%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$690.691% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.168%, 7d avg −0.137%
=Together, before fees+0.017%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.031% cheaper against Bitget than usual: you would sell low and buy high (spread −0.168% now, against its 7-day average of −0.137%). If the spread goes back, that is −$3 on $10k: about 5 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% 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 | 8.6130 | −0.2549 | get 0.2549% / 8h | 3h 05m | $603K | $828K | 20x |
| Short | tradeXYZ xyz:CXMT | 8.5985 | −0.2040 | pay 0.0255% / 1h | 5m 16s | $56.1M | $9.1M | 10x |
Bitget CXMTUSDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $106.86
- Price spread: −0.168% → −0.137%
- −$3.12
- Slippage, 4 orders
- −$39.14
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $34.6
- Costs to cover
- 0.691%
- Break-even
- 4.7 days
Slippage from Bitget: live order book, 45 min ago; tradeXYZ: live order book, 3 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, 45 min ago | 4.05 bp | 19.2 bp −$19 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.58 bp | 14.0 bp −$14 | 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 | −0.4180% | 4h | 8.6054 | −0.089% | $4.4M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3816% | 8h | 8.6040 | −0.104% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3195% | 1h | 8.5707 | −0.491% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2944% | 8h | 8.6030 | −0.116% | $1.4M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDTlong | −0.2549% | 8h | 8.6130 | long leg | $603K | $828K | 20x | |
| tradeXYZ xyz:CXMTshort | −0.2040% | 1h | 8.5985 | −0.168% | $56.1M | $9.1M | 10x | |
| Gate CXMT_USDT | −0.2024% | 1h | 8.5980 | −0.174% | $5.8M | $13.7M | 50x | as long as short |
| Aster CXMTUSDT | −0.1872% | 8h | 8.6318 | +0.218% | $138K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1582% | 1h | 8.6012 | −0.137% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USD | −0.1079% | 1h | 8.6030 | −0.116% | $229K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0584% | 1h | 8.6045 | −0.099% | $101K | $18K | 5x | as long as short |
| Popdex CXMTUSDT | −0.0064% | 1h | 8.6050 | −0.093% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0002% | 4h | 8.5920 | −0.244% | $435K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6096 | −0.039% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6760 | +0.731% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6300 | +0.197% | $8K | $251K | 50x | as long as short |
Lighter CXMT
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT