Funding you earn now, next payment 03:00 UTC−0.0473%/8h= −51.8% APRpaid last 24h +0.209%
Price spread now: ApeX Omni against OKX+0.852%60s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$98as 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−$1301.299% of the position
Funding, last 7 days+0.320%+$32 on $10k
+Price spread, last 4 days (all we have)−0.930%−$93 · spread now +0.852%, 7d avg −0.020%
=The price spread pays, funding is against you. ApeX Omni is 0.872% dearer against OKX than usual: you sell high and buy low (spread +0.852% now, against its 7-day average of −0.020%): +$87 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 6.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.320%, so the current rate has only just turned against you. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.320% in total (about 16.7% 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 | OKX CXMT-USDT-SWAP | 8.6860 | −0.1330 | get 0.1330% / 8h | 5h 04m | $1.4M | $5.1M | 20x |
| Short | ApeX Omni CXMTUSDT | 8.7600 | −0.1803 | pay 0.0225% / 1h | 4m 29s | $8K | $250K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- −$99.31
- Price spread: +0.852% → −0.020%
- $87.18
- Slippage, 4 orders
- −$109.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$142.06
- Costs to cover
- 1.299%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 57 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 OKX live order book, 3 min ago | 2.30 bp | 8.4 bp −$8 | 83.5 bp −$835 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 57 min ago | 35.01 bp | 56.0 bp −$56 | 225.4 bp −$2,254 | 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 | −0.6736% | 1h | 8.7000 | +0.161% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4748% | 1h | 8.7205 | +0.397% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4617% | 1h | 8.6843 | −0.020% | $56.4M | $8.4M | 10x | as long as short |
| Bybit CXMTUSDT | −0.4038% | 8h | 8.6820 | −0.046% | $975K | $738K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3822% | 1h | 8.7321 | +0.531% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3558% | 1h | 8.6919 | +0.068% | $231K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.3328% | 1h | 8.6810 | −0.058% | $5.7M | $12.4M | 50x | as long as short |
| Binance CXMTUSDT | −0.3179% | 4h | 8.7020 | +0.184% | $4.5M | $8.5M | 20x | as long as short |
| Lighter CXMT | −0.2808% | 1h | 8.7116 | +0.295% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDTshort | −0.1803% | 1h | 8.7600 | +0.852% | $8K | $250K | 50x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1649% | 4h | 8.7057 | +0.227% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1369% | 8h | 8.6930 | +0.081% | $599K | $831K | 20x | as long as short |
| OKX CXMT-USDT-SWAPlong | −0.1330% | 8h | 8.6860 | long leg | $1.4M | $5.1M | 20x | |
| Aster CXMTUSDT | −0.1215% | 8h | 8.7550 | +0.794% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0059% | 4h | 8.7171 | +0.358% | $441K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7800 | +1.082% | $32K | $37K | 10x | as long as short |
OKX CXMT-USDT-SWAP
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Bybit CXMTUSDT
SoDEX CXMT-USD
Gate CXMT_USDT
Binance CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
Bitget CXMTUSDT
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT