Funding you earn now, next payment 06:00 UTC+0.0587%/8h= +64.3% APRpaid last 24h +0.073%
Price spread now: SoDEX against OKX−0.023%7-day average −0.083% · 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−$89as in the Price arb table
costs, in and out, $10k−$950.952% of the position
Funding, last 3 days (all we have)−0.094%−$9 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.023%, 7d avg −0.083%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and SoDEX is 0.059% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.083%. Mind the row above: over the last 3 days funding on this pair cost −0.094%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.094% 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 | OKX CXMT-USDT-SWAP | 8.6250 | −0.3104 | get 0.3104% / 8h | 2h 49m | $1.4M | $5.4M | 20x |
| Short | SoDEX CXMT-USD | 8.6230 | −0.2516 | pay 0.0315% / 1h | 49m 43s | $229K | $9K | 5x |
OKX CXMT-USDT-SWAP
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $123.36
- Price spread: −0.023% → −0.083%
- $5.94
- Slippage, 4 orders
- −$77.23
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $34.08
- Costs to cover
- 0.952%
- Break-even
- 5.1 days
Slippage from OKX: live order book, 3 min ago; SoDEX: live order book, 64 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 | 3.48 bp | 21.3 bp −$21 | 98.7 bp −$987 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 64 min ago | 1.56 bp | 28.3 bp −$28 | 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 CXMTUSDT | −0.4188% | 4h | 8.6280 | +0.035% | $4.4M | $9.1M | 20x | as long as short |
| Popdex CXMTUSDT | −0.4048% | 1h | 8.6250 | 0.000% | $1K | $115K | 20x | as long as short |
| Bybit CXMTUSDT | −0.3791% | 8h | 8.6360 | +0.128% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3414% | 1h | 8.6202 | −0.056% | $56.2M | $9.2M | 10x | as long as short |
| OKX CXMT-USDT-SWAPlong | −0.3104% | 8h | 8.6250 | long leg | $1.4M | $5.4M | 20x | |
| Polymarket Perps CXMT-USD | −0.2922% | 1h | 8.6417 | +0.194% | $8K | $51K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2703% | 8h | 8.6300 | +0.058% | $602K | $841K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2674% | 1h | 8.6195 | −0.064% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.2516% | 1h | 8.6230 | −0.023% | $229K | $9K | 5x | |
| Gate CXMT_USDT | −0.2192% | 1h | 8.6230 | −0.023% | $5.8M | $13.2M | 50x | as long as short |
Binance CXMTUSDT
Popdex CXMTUSDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
Ondo Perps CXMT-USD.P
Gate CXMT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.1967% | 8h | 8.6240 | −0.012% | $138K | $105K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1855% | 1h | 8.6600 | +0.406% | $8K | $251K | 50x | as long as short |
| Lighter CXMT | −0.1680% | 1h | 8.6394 | +0.167% | $101K | $17K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0048% | 4h | 8.6203 | −0.055% | $436K | $242K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6325 | +0.087% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6749 | +0.579% | $32K | $38K | 10x | as long as short |
Aster CXMTUSDT
ApeX Omni CXMTUSDT
Lighter CXMT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT