Funding you earn now, next payment 07:00 UTC+0.1223%/8h= +133.9% APRnext payment +$1.53 per $10,000 · paid last 24h +0.046%
Price spread now: SoDEX against Gate+0.244%7-day average −0.080% · 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−$48as in the Price arb table
costs, in and out, $10k−$800.799% of the position
Funding, last 3 days (all we have)+0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.244%, 7d avg −0.080%
=Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and SoDEX is 0.324% dearer against Gate than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.080%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.53 per $10,000. 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 | 8.5600 | −0.2856 | get 0.0357% / 1h | 26m 20s | $5.7M | $13.5M | 50x |
| Short | SoDEX CXMT-USD | 8.5809 | −0.1633 | pay 0.0204% / 1h | 26m 20s | $228K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $256.79
- Price spread: +0.244% → −0.080%
- $32.38
- Slippage, 4 orders
- −$56.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $209.24
- Costs to cover
- 0.799%
- Break-even
- 1.3 days
Slippage from Gate: live order book, 2 min ago; SoDEX: live order book, 17 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, 2 min ago | 1.75 bp | 14.6 bp −$15 | 32.5 bp −$325 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 17 min ago | 1.17 bp | 27.4 bp −$27 | 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 | −0.4480% | 4h | 8.5840 | +0.280% | $4.2M | $9.5M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4136% | 8h | 8.5890 | +0.339% | $1.3M | $5.6M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4009% | 8h | 8.5880 | +0.327% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3681% | 8h | 8.5900 | +0.350% | $622K | $850K | 20x | as long as short |
| Aster CXMTUSDT | −0.3174% | 8h | 8.5890 | +0.339% | $138K | $87K | 20x | as long as short |
| Popdex CXMTUSDT | −0.2872% | 1h | 8.5850 | +0.292% | $2K | $116K | 20x | as long as short |
| Gate CXMT_USDTlong | −0.2856% | 1h | 8.5600 | long leg | $5.7M | $13.5M | 50x | |
| Polymarket Perps CXMT-USD | −0.2648% | 1h | 8.5768 | +0.196% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2455% | 1h | 8.5713 | +0.132% | $55.8M | $9.9M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1976% | 1h | 8.5721 | +0.141% | $29K | $33K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USDshort | −0.1633% | 1h | 8.5809 | +0.244% | $228K | $9K | 5x | |
| SunX CXMT-USDT | −0.1042% | 4h | 8.5875 | +0.321% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0760% | 1h | 8.5804 | +0.238% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0247% | 1h | 8.6100 | +0.584% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0005% | 4h | 8.5707 | +0.126% | $459K | $266K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6478 | +1.026% | $32K | $39K | 10x | as long as short |
Gate CXMT_USDT
SoDEX CXMT-USD
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SunX CXMT-USDT
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT