CXMT

Alert: funding

Alert: spread

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: Gate against Popdex−0.059%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.595% of the position

Long on Popdex Short on Gate

What this pair did over the last

the charts below follow

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%

Together, before fees+0.174%+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Gate is 0.025% cheaper against Popdex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.034%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.091%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex CXMTUSDT	8.5380	0.0048	pay 0.0006% / 1h	30m 20s	$5K	$110K	20x
Short	Gate CXMT_USDT	8.5330	0	get 0.0000% / 1h	30m 20s	$4.9M	$14.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PopdexbpFee GatebpOrdersPrice spread, now −0.059%Rate

Funding earned: −$10.08
Price spread: −0.059% → −0.034%: −$2.46
Slippage, 4 orders: −$38.05
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$72
Costs to cover: 0.595%
Break-even: never at this rate

Slippage from Popdex: live order book, 18 min ago; Gate: live order book, 4 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 Popdex live order book, 18 min ago	2.93 bp	21.9 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.76 bp	14.8 bp −$15	26.3 bp −$263	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	−0.045%	$23K	$49K	10x	as long as short
tradeXYZ xyz:CXMT	−0.0718%	1h	8.5300	−0.094%	$54.9M	$8.3M	10x	as long as short
Lighter CXMT	−0.0376%	1h	8.5402	+0.026%	$101K	$30K	5x	as long as short
Polymarket Perps CXMT-USD	−0.0226%	1h	8.5312	−0.080%	$8K	$47K	10x	as long as short
Binance CXMTUSDT	−0.0112%	4h	8.5406	+0.030%	$3.9M	$8.8M	20x	as long as short
edgeX CXMTUSDC	−0.0021%	4h	8.5257	−0.145%	$431K	$241K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5474	+0.110%	$165K	$69K	20x	as long as short
Bybit CXMTUSDT	0.0000%	8h	8.5350	−0.035%	$968K	$700K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5360	−0.023%	$1.1M	$5.5M	20x	as long as short
Gate CXMT_USDTshort	0.0000%	1h	8.5330	−0.059%	$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	−0.012%	$524K	$874K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5460	+0.094%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6132	+0.881%	$31K	$38K	10x	as long as short
Popdex CXMTUSDTlong	+0.0048%	1h	8.5380	long leg	$5K	$110K	20x
SoDEX CXMT-USD	+0.0050%	1h	8.5344	−0.042%	$227K	$9K	5x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5000	−0.445%	$8K	$250K	50x	as long as short