Funding you earn now, next payment 23:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.090%
Price spread now: Popdex against Binance−0.034%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 3 days (all we have)+0.100%+$10 on $10k
+Price spread, last 2 days (all we have)−0.027%−$3 · spread now −0.034%, 7d avg −0.010%
=Funding pays, the price is against you. Popdex is 0.023% cheaper against Binance than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.010%). If the spread goes back, that is −$2 on $10k: about 39 hours of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.100% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CXMTUSDT | 8.5879 | 0 | get 0.0000% / 4h | 1h 18m | $4.0M | $8.9M | 20x |
| Short | Popdex CXMTUSDT | 8.5850 | 0.0048 | get 0.0006% / 1h | 18m 27s | $5K | $111K | 20x |
Binance CXMTUSDT
Popdex CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Binance. 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
- $10.08
- Price spread: −0.034% → −0.010%
- −$2.34
- Slippage, 4 orders
- −$33.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$42.55
- Costs to cover
- 0.503%
- Break-even
- 36.5 days
Slippage from Binance: live order book, 6 min ago; Popdex: live order book, just now.
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 Binance live order book, 6 min ago | 1.17 bp | 13.9 bp −$14 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Popdex live order book, just now | 2.33 bp | 9.4 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0084% | 4h | 8.5741 | −0.160% | $434K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5873 | −0.006% | $166K | $69K | 20x | as long as short |
| Binance CXMTUSDTlong | 0.0000% | 4h | 8.5879 | long leg | $4.0M | $8.9M | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5790 | −0.104% | $971K | $700K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5830 | −0.057% | $1.1M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5870 | −0.010% | $536K | $879K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5931 | +0.061% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6440 | +0.653% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDTshort | +0.0048% | 1h | 8.5850 | −0.034% | $5K | $111K | 20x | |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5738 | −0.164% | $228K | $9K | 5x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | +0.024% | $8K | $249K | 50x | as long as short |
| Polymarket Perps CXMT-USD | +0.0169% | 1h | 8.5736 | −0.166% | $8K | $48K | 10x | as long as short |
| Lighter CXMT | +0.0192% | 1h | 8.5869 | −0.012% | $101K | $29K | 5x | as long as short |
| Gate CXMT_USDT | +0.0312% | 1h | 8.5790 | −0.104% | $4.9M | $13.8M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0453% | 1h | 8.5801 | −0.091% | $23K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | +0.0520% | 1h | 8.5749 | −0.151% | $55.2M | $8.3M | 10x | as long as short |
ApeX Omni CXMTUSDT
Polymarket Perps CXMT-USD
Lighter CXMT
Gate CXMT_USDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT