Funding you earn now, next payment 03:00 UTC+0.2119%/8h= +232.0% APRpaid last 24h −0.085%
Price spread now: Bitget against Gate+0.195%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$650.649% of the position
Funding, last 7 days−0.418%−$42 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.195%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$64 a day on $10k at the current rate, and Bitget is 0.161% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 7 days funding on this pair cost −0.418%, 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 -0.418% in total (about -21.8% 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 | Gate CXMT_USDT | 8.7180 | −0.3368 | get 0.0421% / 1h | 8m 44s | $5.7M | $12.3M | 50x |
| Short | Bitget CXMTUSDT | 8.7350 | −0.1249 | pay 0.1249% / 8h | 5h 08m | $601K | $828K | 20x |
Gate CXMT_USDT
Bitget CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- $444.99
- Price spread: +0.195% → +0.034%
- $16.12
- Slippage, 4 orders
- −$37.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $396.19
- Costs to cover
- 0.649%
- Break-even
- 0.8 days
Slippage from Gate: live order book, 5 min ago; Bitget: live order book, 52 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 Gate live order book, 5 min ago | 1.72 bp | 12.5 bp −$13 | 39.7 bp −$397 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 52 min ago | 2.92 bp | 21.1 bp −$21 | 58.9 bp −$589 | 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 | −0.6928% | 1h | 8.7350 | +0.195% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4808% | 1h | 8.7496 | +0.362% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4670% | 1h | 8.7224 | +0.050% | $56.6M | $8.1M | 10x | as long as short |
| Bybit CXMTUSDT | −0.3928% | 8h | 8.7260 | +0.092% | $980K | $733K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3890% | 1h | 8.7495 | +0.361% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3648% | 1h | 8.7180 | 0.000% | $232K | $9K | 5x | as long as short |
| Gate CXMT_USDTlong | −0.3368% | 1h | 8.7180 | long leg | $5.7M | $12.3M | 50x | |
| Binance CXMTUSDT | −0.3015% | 4h | 8.7400 | +0.252% | $4.5M | $8.5M | 20x | as long as short |
| Lighter CXMT | −0.2888% | 1h | 8.7490 | +0.356% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1802% | 1h | 8.7600 | +0.482% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Binance CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1633% | 4h | 8.7340 | +0.184% | $86 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDTshort | −0.1249% | 8h | 8.7350 | +0.195% | $601K | $828K | 20x | |
| OKX CXMT-USDT-SWAP | −0.1223% | 8h | 8.7300 | +0.138% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1094% | 8h | 8.7550 | +0.424% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0082% | 4h | 8.7433 | +0.290% | $442K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.8233 | +1.208% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT