Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.213%
Price spread now: Binance against ApeX Omni−0.010%79s7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as 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−$1751.753% of the position
Funding, last 7 days−0.514%−$51 on $10k
+Price spread, last 2 days (all we have)+0.261%+$26 · spread now −0.010%, 7d avg +0.046%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.057% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni CXMTUSDT | 8.5500 | 0.0100 | pay 0.0013% / 1h | 12m 16s | $8K | $250K | 50x |
| Short | Binance CXMTUSDT | 8.5491 | 0 | get 0.0000% / 4h | 2h 12m | $3.9M | $8.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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
- −$21
- Price spread: −0.010% → +0.046%
- −$5.67
- Slippage, 4 orders
- −$155.29
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$201.96
- Costs to cover
- 1.753%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 9 min ago; Binance: live order book, 12 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 ApeX Omni live order book, 9 min ago | 40.91 bp | 74.4 bp −$74 | 256.0 bp −$2,560 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.58 bp | 10.9 bp −$11 | 30.6 bp −$306 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0021% | 4h | 8.5417 | −0.097% | $432K | $242K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5606 | +0.124% | $165K | $69K | 20x | as long as short |
| Binance CXMTUSDTshort | 0.0000% | 4h | 8.5491 | −0.010% | $3.9M | $8.9M | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5450 | −0.058% | $967K | $703K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5410 | −0.105% | $1.1M | $5.5M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5430 | −0.082% | $4.8M | $14.0M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5540 | +0.047% | $530K | $874K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5530 | +0.035% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6160 | +0.772% | $31K | $38K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5492 | −0.009% | $101K | $29K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5480 | −0.023% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5391 | −0.127% | $8K | $47K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5400 | −0.117% | $227K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5403 | −0.113% | $23K | $50K | 10x | as long as short |
| ApeX Omni CXMTUSDTlong | +0.0100% | 1h | 8.5500 | long leg | $8K | $250K | 50x | |
| tradeXYZ xyz:CXMT | +0.0106% | 1h | 8.5401 | −0.116% | $55.0M | $8.3M | 10x | as long as short |
ApeX Omni CXMTUSDT
Binance CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
tradeXYZ xyz:CXMT