Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.539%+$54 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CXMT-USDT8.5960−0.0744get 0.0372% / 4h1h 00m$84$2.3M10x
ShortGate CXMT_USDT8.5690−0.2840pay 0.0355% / 1h0m 45s$5.7M$13.8M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 6 min ago57.87 bp61.9 bp −$62doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 3 min ago1.75 bp12.2 bp −$1223.5 bp −$235doesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CXMTUSDT−0.4233%4h8.5887−0.085%$4.2M$9.6M20xas long as short
OKX CXMT-USDT-SWAP−0.4111%8h8.5900−0.070%$1.3M$5.7M20xas long as short
Bybit CXMTUSDT−0.3864%8h8.5880−0.093%$1.1M$1.1M20xas long as short
Bitget CXMTUSDT−0.3722%8h8.5940−0.023%$640K$861K20xas long as short
Aster CXMTUSDT−0.3266%8h8.6060+0.116%$138K$78K20xas long as short
Gate CXMT_USDTshort−0.2840%1h8.5690−0.314%$5.7M$13.8M50x
Popdex CXMTUSDT−0.2784%1h8.5900−0.070%$2K$115K20xas long as short
Polymarket Perps CXMT-USD−0.2681%1h8.5991+0.036%$8K$48K10xas long as short
tradeXYZ xyz:CXMT−0.2474%1h8.5771−0.220%$55.9M$9.8M10xas long as short
Ondo Perps CXMT-USD.P−0.1906%1h8.5845−0.134%$29K$33K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CXMT-USD−0.1656%1h8.5870−0.105%$228K$9K5xas long as short
SunX CXMT-USDTlong−0.0744%4h8.5960long leg$84$2.3M10x
Lighter CXMT−0.0728%1h8.5969+0.010%$101K$18K5xas long as short
edgeX CXMTUSDC−0.0037%4h8.5725−0.273%$459K$268K10xas long as short
HTX CXMT-USDT0.0000%4h8.6794+0.970%$32K$38K10xas long as short
ApeX Omni CXMTUSDT+0.0005%1h8.5900−0.070%$8K$252K50xas long as short