Funding you earn now, next payment 07:00 UTC−0.2096%/8h= −229.5% APRpaid last 24h −0.121%
Price spread now: Gate against SunX−0.314%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1661.657% of the position
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 4 days (all we have)+0.368%+$37 · spread now −0.314%, 7d avg −0.107%
=Both sides work against this trade now: funding costs −$63 a day on $10k at the current rate, and Gate is 0.207% cheaper against SunX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.107%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.171% in total (about 8.9% 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 | SunX CXMT-USDT | 8.5960 | −0.0744 | get 0.0372% / 4h | 1h 00m | $84 | $2.3M | 10x |
| Short | Gate CXMT_USDT | 8.5690 | −0.2840 | pay 0.0355% / 1h | 0m 45s | $5.7M | $13.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against SunX. 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
- −$440.15
- Price spread: −0.314% → −0.107%
- −$20.75
- Slippage, 4 orders
- −$142.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$626.6
- Costs to cover
- 1.657%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; Gate: 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 SunX live order book, 6 min ago | 57.87 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 1.75 bp | 12.2 bp −$12 | 23.5 bp −$235 | 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 | −0.4233% | 4h | 8.5887 | −0.085% | $4.2M | $9.6M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4111% | 8h | 8.5900 | −0.070% | $1.3M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3864% | 8h | 8.5880 | −0.093% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3722% | 8h | 8.5940 | −0.023% | $640K | $861K | 20x | as long as short |
| Aster CXMTUSDT | −0.3266% | 8h | 8.6060 | +0.116% | $138K | $78K | 20x | as long as short |
| Gate CXMT_USDTshort | −0.2840% | 1h | 8.5690 | −0.314% | $5.7M | $13.8M | 50x | |
| Popdex CXMTUSDT | −0.2784% | 1h | 8.5900 | −0.070% | $2K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2681% | 1h | 8.5991 | +0.036% | $8K | $48K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2474% | 1h | 8.5771 | −0.220% | $55.9M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1906% | 1h | 8.5845 | −0.134% | $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-USD | −0.1656% | 1h | 8.5870 | −0.105% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDTlong | −0.0744% | 4h | 8.5960 | long leg | $84 | $2.3M | 10x | |
| Lighter CXMT | −0.0728% | 1h | 8.5969 | +0.010% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0037% | 4h | 8.5725 | −0.273% | $459K | $268K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6794 | +0.970% | $32K | $38K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0005% | 1h | 8.5900 | −0.070% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Gate CXMT_USDT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
ApeX Omni CXMTUSDT