Funding you earn now, next payment 03:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h −0.032%
Price spread now: Gate against SoDEX−0.115%7-day average +0.086% · 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−$111as in the Price arb table
costs, in and out, $10k−$910.908% of the position
Funding, last 3 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.190%+$19 · spread now −0.115%, 7d avg +0.086%
=Funding pays, the price is against you. Gate is 0.201% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.115% now, against its 7-day average of +0.086%). If the spread goes back, that is −$20 on $10k: about 3.6 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.020% in total) that is about 32 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.020% in total (about 2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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 | SoDEX CXMT-USD | 8.6900 | −0.3508 | get 0.0438% / 1h | 3m 14s | $231K | $9K | 5x |
| Short | Gate CXMT_USDT | 8.6800 | −0.3320 | pay 0.0415% / 1h | 3m 14s | $5.6M | $12.4M | 50x |
SoDEX CXMT-USD
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SoDEX. 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
- $39.48
- Price spread: −0.115% → +0.086%
- −$20.13
- Slippage, 4 orders
- −$67.78
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$71.43
- Costs to cover
- 0.908%
- Break-even
- 19.7 days
Slippage from SoDEX: live order book, 60 min ago; Gate: live order book, 5 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 SoDEX live order book, 60 min ago | 2.74 bp | 30.6 bp −$31 | 1577.9 bp −$15.8K | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.87 bp | 15.7 bp −$16 | 40.6 bp −$406 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.6704% | 1h | 8.6990 | +0.104% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4734% | 1h | 8.7205 | +0.351% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4600% | 1h | 8.6872 | −0.032% | $56.5M | $8.4M | 10x | as long as short |
| Bybit CXMTUSDT | −0.4055% | 8h | 8.6890 | −0.012% | $976K | $739K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3807% | 1h | 8.7321 | +0.484% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.3508% | 1h | 8.6900 | long leg | $231K | $9K | 5x | |
| Gate CXMT_USDTshort | −0.3320% | 1h | 8.6800 | −0.115% | $5.6M | $12.4M | 50x | |
| Binance CXMTUSDT | −0.3235% | 4h | 8.7049 | +0.172% | $4.5M | $8.5M | 20x | as long as short |
| Lighter CXMT | −0.2784% | 1h | 8.7152 | +0.290% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1832% | 1h | 8.7000 | +0.115% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
Binance CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1666% | 4h | 8.7047 | +0.169% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1392% | 8h | 8.6940 | +0.046% | $598K | $831K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1379% | 8h | 8.6900 | 0.000% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1244% | 8h | 8.7550 | +0.748% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | +0.027% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7800 | +1.036% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT