Funding you earn now, next payment 08:00 UTC+0.0458%/8h= +50.2% APRnext payment +$4.58 per $10,000 · paid last 24h +0.004%
Price spread now: Bitget against OKX0.000%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$620.616% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now 0.000%, 7d avg +0.041%
=Funding pays, the price is against you. Bitget is 0.041% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.041%). If the spread goes back, that is −$4 on $10k: about 7 hours of funding at the current rate (+$14 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.038% in total (about -2.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.58 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 | OKX CXMT-USDT-SWAP | 8.5830 | −0.4135 | get 0.4135% / 8h | 1h 27m | $1.3M | $5.5M | 20x |
| Short | Bitget CXMTUSDT | 8.5830 | −0.3677 | pay 0.3677% / 8h | 1h 27m | $621K | $850K | 20x |
OKX CXMT-USDT-SWAP
Bitget CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $96.22
- Price spread: 0.000% → +0.041%
- −$4.13
- Slippage, 4 orders
- −$39.57
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $30.52
- Costs to cover
- 0.616%
- Break-even
- 4.8 days
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 13 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 OKX live order book, 5 min ago | 1.75 bp | 13.5 bp −$14 | 81.4 bp −$814 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 13 min ago | 2.91 bp | 16.9 bp −$17 | 40.0 bp −$400 | 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 | −0.4485% | 4h | 8.5780 | −0.058% | $4.2M | $9.4M | 20x | as long as short |
| OKX CXMT-USDT-SWAPlong | −0.4135% | 8h | 8.5830 | long leg | $1.3M | $5.5M | 20x | |
| Bybit CXMTUSDT | −0.4016% | 8h | 8.5790 | −0.047% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDTshort | −0.3677% | 8h | 8.5830 | 0.000% | $621K | $850K | 20x | |
| Aster CXMTUSDT | −0.3174% | 8h | 8.5890 | +0.070% | $138K | $87K | 20x | as long as short |
| Popdex CXMTUSDT | −0.2872% | 1h | 8.5790 | −0.047% | $2K | $116K | 20x | as long as short |
| Gate CXMT_USDT | −0.2856% | 1h | 8.5590 | −0.280% | $5.7M | $13.5M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2646% | 1h | 8.5763 | −0.078% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2456% | 1h | 8.5680 | −0.175% | $55.8M | $9.9M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1985% | 1h | 8.5890 | +0.070% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Aster CXMTUSDT
Popdex CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1635% | 1h | 8.5784 | −0.054% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1071% | 4h | 8.5876 | +0.054% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0776% | 1h | 8.5783 | −0.055% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0247% | 1h | 8.6100 | +0.315% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0005% | 4h | 8.5707 | −0.143% | $459K | $266K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6343 | +0.598% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT