Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$940.939% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.5864−0.0013get 0.0006% / 4h37m 37s$460K$266K10x
ShortBitget CXMTUSDT8.6100−0.3607pay 0.3607% / 8h37m 37s$647K$950K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 66 min ago10.97 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 63 min ago2.91 bp16.9 bp −$1740.0 bp −$400doesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX CXMT-USDT-SWAP−0.3942%8h8.6100+0.274%$1.3M$5.7M20xas long as short
Binance CXMTUSDT−0.3831%4h8.6031+0.194%$4.2M$9.6M20xas long as short
Bitget CXMTUSDTshort−0.3607%8h8.6100+0.274%$647K$950K20x
Bybit CXMTUSDT−0.3594%8h8.6090+0.263%$1.1M$1.2M20xas long as short
Aster CXMTUSDT−0.3036%8h8.5943+0.092%$138K$70K20xas long as short
Gate CXMT_USDT−0.3000%1h8.5780−0.098%$5.6M$13.5M50xas long as short
Polymarket Perps CXMT-USD−0.2184%1h8.5799−0.076%$8K$47K10xas long as short
tradeXYZ xyz:CXMT−0.1940%1h8.5866+0.002%$56.0M$9.8M10xas long as short
Ondo Perps CXMT-USD.P−0.1531%1h8.5666−0.231%$29K$33K10xas long as short
SoDEX CXMT-USD−0.0777%1h8.5965+0.117%$229K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.0452%4h8.6099+0.273%$84$2.3M10xas long as short
Lighter CXMT−0.0128%1h8.6003+0.161%$101K$18K5xas long as short
edgeX CXMTUSDClong−0.0013%4h8.5864long leg$460K$266K10x
HTX CXMT-USDT0.0000%4h8.6588+0.843%$32K$38K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.6010+0.169%$2K$115K20xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.6100+0.274%$8K$252K50xas long as short