Funding you earn now, next payment 08:00 UTC−0.3594%/8h= −393.6% APRpaid last 24h −0.171%
Price spread now: Bitget against edgeX+0.274%114s7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
Funding, last 7 days−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.206%−$21 · spread now +0.274%, 7d avg +0.142%
=Together, before fees−0.260%+ Points / potential airdropedgeX: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.132% dearer against edgeX than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of +0.142%): +$13 on $10k if it goes back. Holding the pair costs −$108 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 7 days (−0.054% in total) that is about 17 days. The two prices were read 114 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 7 days it paid -0.054% in total (about -2.8% 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 | 8.5864 | −0.0013 | get 0.0006% / 4h | 37m 37s | $460K | $266K | 10x |
| Short | Bitget CXMTUSDT | 8.6100 | −0.3607 | pay 0.3607% / 8h | 37m 37s | $647K | $950K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$754.81
- Price spread: +0.274% → +0.142%
- $13.22
- Slippage, 4 orders
- −$72.89
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$835.49
- Costs to cover
- 0.939%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 66 min ago; Bitget: live order book, 63 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, 66 min ago | 10.97 bp | 38.6 bp −$39 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 63 min ago | 2.91 bp | 16.9 bp −$17 | 40.0 bp −$400 | 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 | −0.3942% | 8h | 8.6100 | +0.274% | $1.3M | $5.7M | 20x | as long as short |
| Binance CXMTUSDT | −0.3831% | 4h | 8.6031 | +0.194% | $4.2M | $9.6M | 20x | as long as short |
| Bitget CXMTUSDTshort | −0.3607% | 8h | 8.6100 | +0.274% | $647K | $950K | 20x | |
| Bybit CXMTUSDT | −0.3594% | 8h | 8.6090 | +0.263% | $1.1M | $1.2M | 20x | as long as short |
| Aster CXMTUSDT | −0.3036% | 8h | 8.5943 | +0.092% | $138K | $70K | 20x | as long as short |
| Gate CXMT_USDT | −0.3000% | 1h | 8.5780 | −0.098% | $5.6M | $13.5M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2184% | 1h | 8.5799 | −0.076% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1940% | 1h | 8.5866 | +0.002% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1531% | 1h | 8.5666 | −0.231% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.0777% | 1h | 8.5965 | +0.117% | $229K | $9K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0452% | 4h | 8.6099 | +0.273% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0128% | 1h | 8.6003 | +0.161% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDClong | −0.0013% | 4h | 8.5864 | long leg | $460K | $266K | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6588 | +0.843% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6010 | +0.169% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6100 | +0.274% | $8K | $252K | 50x | as long as short |
edgeX CXMTUSDC
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Binance CXMTUSDT
Bybit CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT