Funding you earn now, next payment 21:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.032%
Price spread now: Popdex against Gate+0.059%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$590.595% of the position
Funding, last 3 days (all we have)−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.059%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.025% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.034%. Mind the row above: over the last 3 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CXMT_USDT | 8.5330 | 0 | get 0.0000% / 1h | 30m 13s | $4.9M | $14.0M | 50x |
| Short | Popdex CXMTUSDT | 8.5380 | 0.0048 | get 0.0006% / 1h | 30m 13s | $5K | $110K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $10.08
- Price spread: +0.059% → +0.034%
- $2.47
- Slippage, 4 orders
- −$38.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$46.91
- Costs to cover
- 0.595%
- Break-even
- 39.6 days
Slippage from Gate: live order book, 4 min ago; Popdex: live order book, 19 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, 4 min ago | 1.76 bp | 13.0 bp −$13 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 19 min ago | 2.93 bp | 9.7 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CXMT-USD.P | −0.0761% | 1h | 8.5342 | +0.014% | $23K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0718% | 1h | 8.5300 | −0.035% | $54.9M | $8.3M | 10x | as long as short |
| Lighter CXMT | −0.0376% | 1h | 8.5402 | +0.084% | $101K | $30K | 5x | as long as short |
| Polymarket Perps CXMT-USD | −0.0226% | 1h | 8.5312 | −0.021% | $8K | $47K | 10x | as long as short |
| Binance CXMTUSDT | −0.0112% | 4h | 8.5406 | +0.089% | $3.9M | $8.8M | 20x | as long as short |
| edgeX CXMTUSDC | −0.0021% | 4h | 8.5257 | −0.086% | $431K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5474 | +0.169% | $165K | $69K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5350 | +0.023% | $968K | $700K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5360 | +0.035% | $1.1M | $5.5M | 20x | as long as short |
| Gate CXMT_USDTlong | 0.0000% | 1h | 8.5330 | long leg | $4.9M | $14.0M | 50x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5370 | +0.047% | $524K | $874K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5460 | +0.152% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6132 | +0.940% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDTshort | +0.0048% | 1h | 8.5380 | +0.059% | $5K | $110K | 20x | |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5344 | +0.016% | $227K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5000 | −0.387% | $8K | $250K | 50x | as long as short |
Gate CXMT_USDT
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
Lighter CXMT
Polymarket Perps CXMT-USD
Binance CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT