Funding you earn now, next payment 04:00 UTC+0.1457%/8h= +159.6% APRpaid last 24h +0.129%
Price spread now: SunX against Gate+0.370%53s7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$115as 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−$940.944% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)−0.369%−$37 · spread now +0.370%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and SunX is 0.270% dearer against Gate than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.100%. Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour. The two prices were read 53 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 -0.209% in total (about -10.9% 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 | 8.6600 | −0.2880 | get 0.0360% / 1h | 13m 27s | $5.9M | $13.0M | 50x |
| Short | SunX CXMT-USDT | 8.6920 | −0.1423 | pay 0.0711% / 4h | 13m 27s | $85 | $2.4M | 10x |
Gate CXMT_USDT
SunX CXMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $305.99
- Price spread: +0.370% → +0.100%
- $26.96
- Slippage, 4 orders
- −$71.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $238.58
- Costs to cover
- 0.944%
- Break-even
- 1.5 days
Slippage from Gate: live order book, 5 min ago; SunX: live order book, 3 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 | 2.88 bp | 13.3 bp −$13 | 31.0 bp −$310 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 22.14 bp | 40.2 bp −$40 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CXMTUSDT | −0.4591% | 8h | 8.6670 | +0.081% | $1.0M | $1.0M | 20x | as long as short |
| Binance CXMTUSDT | −0.4310% | 4h | 8.6836 | +0.273% | $4.5M | $8.8M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3779% | 1h | 8.6722 | +0.141% | $8K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.3612% | 1h | 8.6648 | +0.055% | $56.4M | $8.9M | 10x | as long as short |
| Popdex CXMTUSDT | −0.3216% | 1h | 8.6850 | +0.289% | $1K | $115K | 20x | as long as short |
| Gate CXMT_USDTlong | −0.2880% | 1h | 8.6600 | long leg | $5.9M | $13.0M | 50x | |
| Ondo Perps CXMT-USD.P | −0.2570% | 1h | 8.6498 | −0.118% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.2514% | 1h | 8.6670 | +0.081% | $230K | $9K | 5x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2428% | 8h | 8.6710 | +0.127% | $1.5M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2310% | 8h | 8.6700 | +0.115% | $595K | $832K | 20x | as long as short |
Bybit CXMTUSDT
Binance CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
OKX CXMT-USDT-SWAP
Bitget CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.1997% | 8h | 8.6860 | +0.300% | $139K | $100K | 20x | as long as short |
| Lighter CXMT | −0.1448% | 1h | 8.6803 | +0.234% | $102K | $18K | 5x | as long as short |
| SunX CXMT-USDTshort | −0.1423% | 4h | 8.6920 | +0.370% | $85 | $2.4M | 10x | |
| ApeX Omni CXMTUSDT | −0.1125% | 1h | 8.7200 | +0.693% | $8K | $250K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0051% | 4h | 8.6653 | +0.062% | $438K | $242K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7640 | +1.201% | $32K | $37K | 10x | as long as short |
Aster CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT