Funding you earn now, next payment 04:00 UTC−0.2187%/8h= −239.4% APRpaid last 24h −0.063%
Price spread now: Binance against Aster+0.196%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.196%, 7d avg +0.037%
=Together, before fees−0.375%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.158% dearer against Aster than usual: you sell high and buy low (spread +0.196% now, against its 7-day average of +0.037%): +$16 on $10k if it goes back. Holding the pair costs −$66 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.084% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% 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 | Aster CXMTUSDT | 8.7060 | −0.1579 | get 0.1579% / 8h | 4h 47m | $141K | $99K | 20x |
| Short | Binance CXMTUSDT | 8.7230 | −0.3766 | pay 0.1883% / 4h | 47m 30s | $4.5M | $8.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$459.2
- Price spread: +0.196% → +0.037%
- $15.83
- Slippage, 4 orders
- −$61.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$522.61
- Costs to cover
- 0.792%
- Break-even
- never at this rate
Slippage from Aster: live order book, 9 min ago; Binance: live order book, 7 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 Aster live order book, 9 min ago | 17.24 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.15 bp | 13.0 bp −$13 | 45.9 bp −$459 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.5008% | 1h | 8.7220 | +0.184% | $1K | $115K | 20x | as long as short |
| Bybit CXMTUSDT | −0.4407% | 8h | 8.7080 | +0.023% | $975K | $806K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4309% | 1h | 8.7885 | +0.948% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4178% | 1h | 8.7018 | −0.048% | $56.6M | $8.8M | 10x | as long as short |
| Binance CXMTUSDTshort | −0.3766% | 4h | 8.7230 | +0.196% | $4.5M | $8.7M | 20x | |
| Gate CXMT_USDT | −0.3624% | 1h | 8.6920 | −0.161% | $5.7M | $12.3M | 50x | as long as short |
| SoDEX CXMT-USD | −0.3592% | 1h | 8.6962 | −0.112% | $231K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2979% | 1h | 8.6737 | −0.371% | $29K | $33K | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.1872% | 1h | 8.7100 | +0.046% | $8K | $250K | 50x | as long as short |
| Lighter CXMT | −0.1856% | 1h | 8.7449 | +0.447% | $102K | $15K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | −0.1786% | 8h | 8.7040 | −0.023% | $596K | $854K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1770% | 8h | 8.7120 | +0.069% | $1.4M | $5.1M | 20x | as long as short |
| SunX CXMT-USDT | −0.1723% | 4h | 8.7197 | +0.158% | $85 | $2.4M | 10x | as long as short |
| Aster CXMTUSDTlong | −0.1579% | 8h | 8.7060 | long leg | $141K | $99K | 20x | |
| edgeX CXMTUSDC | −0.0096% | 4h | 8.7015 | −0.052% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7895 | +0.959% | $32K | $37K | 10x | as long as short |
Aster CXMTUSDT
Binance CXMTUSDT
Popdex CXMTUSDT
Bybit CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Gate CXMT_USDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Lighter CXMT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT