Funding you earn now, next payment 07:00 UTC+0.2299%/8h= +251.7% APRpaid last 24h +0.107%
Price spread now: tradeXYZ against Binance−0.054%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.054%, 7d avg −0.179%
=Together, before fees+0.165%+ Points / potential airdroptradeXYZ: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$69 a day on $10k at the current rate, and tradeXYZ is 0.125% dearer against Binance than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.179%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.1% 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 | Binance CXMTUSDT | 8.5794 | −0.4587 | get 0.2294% / 4h | 1h 42m | $4.2M | $9.3M | 20x |
| Short | tradeXYZ xyz:CXMT | 8.5748 | −0.2289 | pay 0.0286% / 1h | 42m 15s | $55.9M | $9.8M | 10x |
Binance CXMTUSDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $482.74
- Price spread: −0.054% → −0.179%
- $12.48
- Slippage, 4 orders
- −$25.84
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $441.39
- Costs to cover
- 0.538%
- Break-even
- 0.6 days
Slippage from Binance: live order book, 12 min ago; tradeXYZ: 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 Binance live order book, 12 min ago | 1.16 bp | 14.1 bp −$14 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 1.80 bp | 14.8 bp −$15 | 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 CXMTUSDTlong | −0.4587% | 4h | 8.5794 | long leg | $4.2M | $9.3M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4078% | 8h | 8.5820 | +0.030% | $1.3M | $5.4M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4077% | 8h | 8.5830 | +0.042% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3595% | 8h | 8.5790 | −0.005% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3057% | 8h | 8.6090 | +0.345% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2616% | 1h | 8.5600 | −0.226% | $5.7M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2432% | 1h | 8.5769 | −0.029% | $8K | $51K | 10x | as long as short |
| Popdex CXMTUSDT | −0.2344% | 1h | 8.5820 | +0.030% | $2K | $116K | 20x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.2289% | 1h | 8.5748 | −0.054% | $55.9M | $9.8M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1744% | 1h | 8.5766 | −0.033% | $29K | $33K | 10x | as long as short |
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Popdex CXMTUSDT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1302% | 1h | 8.5734 | −0.070% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1185% | 4h | 8.5855 | +0.071% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0536% | 1h | 8.5843 | +0.057% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0028% | 4h | 8.5743 | −0.060% | $434K | $243K | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.0012% | 1h | 8.5800 | +0.007% | $8K | $251K | 50x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6535 | +0.864% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
ApeX Omni CXMTUSDT
HTX CXMT-USDT