Funding you earn now, next payment 05:00 UTC+0.2431%/8h= +266.2% APRpaid last 24h +0.133%
Price spread now: edgeX against tradeXYZ+0.022%46s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$880.877% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now +0.022%, 7d avg −0.006%
=Together, before fees+0.107%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$73 a day on $10k at the current rate, and edgeX is 0.028% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% 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 | tradeXYZ xyz:CXMT | 8.6181 | −0.2501 | get 0.0313% / 1h | 36m 48s | $56.2M | $9.1M | 10x |
| Short | edgeX CXMTUSDC | 8.6200 | −0.0070 | pay 0.0035% / 4h | 3h 36m | $436K | $241K | 10x |
tradeXYZ xyz:CXMT
edgeX CXMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against tradeXYZ. 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
- $510.55
- Price spread: +0.022% → −0.006%
- $2.77
- Slippage, 4 orders
- −$60.65
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $425.66
- Costs to cover
- 0.877%
- Break-even
- 1.2 days
Slippage from tradeXYZ: live order book, 3 min ago; edgeX: live order book, 17 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 tradeXYZ live order book, 3 min ago | 1.80 bp | 12.3 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 17 min ago | 11.98 bp | 22.9 bp −$23 | doesn't fit | 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 | −0.4473% | 4h | 8.6289 | +0.126% | $4.5M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4294% | 8h | 8.6280 | +0.115% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3468% | 1h | 8.6384 | +0.236% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2815% | 8h | 8.6280 | +0.115% | $1.4M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2506% | 8h | 8.6300 | +0.138% | $602K | $823K | 20x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.2501% | 1h | 8.6181 | long leg | $56.2M | $9.1M | 10x | |
| Gate CXMT_USDT | −0.2472% | 1h | 8.6210 | +0.034% | $5.8M | $13.2M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2345% | 1h | 8.6215 | +0.039% | $10K | $47K | 10x | as long as short |
| Aster CXMTUSDT | −0.2041% | 8h | 8.6639 | +0.531% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1585% | 1h | 8.6290 | +0.126% | $229K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Aster CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.1040% | 1h | 8.6319 | +0.160% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0258% | 1h | 8.6600 | +0.486% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0216% | 1h | 8.6290 | +0.126% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDCshort | −0.0070% | 4h | 8.6200 | +0.022% | $436K | $241K | 10x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6351 | +0.197% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6684 | +0.584% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT