Funding you earn now, next payment 05:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: Gate against tradeXYZ−0.034%7-day average +0.130% · you buy dearer than you sell
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$510.509% of the position
Funding, last 7 days+0.407%+$41 on $10k
+Price spread, last 7 days+0.132%+$13 · spread now −0.034%, 7d avg +0.130%
=Together, before fees+0.539%+ Points / potential airdroptradeXYZ: Active · farm board+$54 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.163% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.130%). If the spread goes back, that is −$16 on $10k: about 11 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.407% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CXMT | 8.6209 | −0.2523 | get 0.0315% / 1h | 38m 58s | $56.3M | $9.1M | 10x |
| Short | Gate CXMT_USDT | 8.6180 | −0.2472 | pay 0.0309% / 1h | 38m 58s | $5.8M | $13.2M | 50x |
tradeXYZ xyz:CXMT
Gate CXMT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $10.69
- Price spread: −0.034% → +0.130%
- −$16.32
- Slippage, 4 orders
- −$17.95
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.58
- Costs to cover
- 0.509%
- Break-even
- 44.0 days
Slippage from tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago | 1.33 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 2.32 bp | 12.3 bp −$12 | 31.0 bp −$310 | 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 | −0.4466% | 4h | 8.6299 | +0.105% | $4.5M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4312% | 8h | 8.6300 | +0.106% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3445% | 1h | 8.6384 | +0.203% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2800% | 8h | 8.6220 | +0.013% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.2523% | 1h | 8.6209 | long leg | $56.3M | $9.1M | 10x | |
| Bitget CXMTUSDT | −0.2497% | 8h | 8.6280 | +0.082% | $602K | $823K | 20x | as long as short |
| Gate CXMT_USDTshort | −0.2472% | 1h | 8.6180 | −0.034% | $5.8M | $13.2M | 50x | |
| Polymarket Perps CXMT-USD | −0.2384% | 1h | 8.6260 | +0.059% | $10K | $47K | 10x | as long as short |
| Aster CXMTUSDT | −0.2048% | 8h | 8.6651 | +0.513% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1595% | 1h | 8.6235 | +0.030% | $229K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
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 | −0.1072% | 1h | 8.6308 | +0.115% | $101K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0448% | 1h | 8.6700 | +0.570% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0216% | 1h | 8.6300 | +0.106% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0080% | 4h | 8.6251 | +0.049% | $436K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6400 | +0.222% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7159 | +1.102% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT