Funding you earn now, next payment 07:00 UTC+0.0125%/8h= +13.7% APRnext payment +$0.16 per $10,000 · paid last 24h +0.024%
Price spread now: tradeXYZ against Popdex−0.050%7-day average −0.144% · 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−$49as in the Price arb table
costs, in and out, $10k−$580.585% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.050%, 7d avg −0.144%
=Together, before fees−0.003%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.094% dearer against Popdex than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex CXMTUSDT | 8.5820 | −0.2464 | get 0.0308% / 1h | 39m 12s | $2K | $116K | 20x |
| Short | tradeXYZ xyz:CXMT | 8.5777 | −0.2339 | pay 0.0292% / 1h | 39m 12s | $55.9M | $9.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Popdex. 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
- $26.29
- Price spread: −0.050% → −0.144%
- $9.41
- Slippage, 4 orders
- −$34.07
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$22.77
- Costs to cover
- 0.585%
- Break-even
- 13.1 days
Slippage from Popdex: live order book, 4 min ago; tradeXYZ: live order book, 10 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 Popdex live order book, 4 min ago | 2.33 bp | 16.3 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 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 CXMTUSDT | −0.4553% | 4h | 8.5807 | −0.016% | $4.2M | $9.3M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4088% | 8h | 8.5810 | −0.012% | $1.3M | $5.5M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4062% | 8h | 8.5840 | +0.023% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3608% | 8h | 8.5850 | +0.035% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3080% | 8h | 8.6090 | +0.315% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2648% | 1h | 8.5630 | −0.221% | $5.7M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2490% | 1h | 8.5901 | +0.094% | $8K | $50K | 10x | as long as short |
| Popdex CXMTUSDTlong | −0.2464% | 1h | 8.5820 | long leg | $2K | $116K | 20x | |
| tradeXYZ xyz:CXMTshort | −0.2339% | 1h | 8.5777 | −0.050% | $55.9M | $9.8M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1813% | 1h | 8.5428 | −0.457% | $29K | $33K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1438% | 1h | 8.5759 | −0.071% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1146% | 4h | 8.5855 | +0.041% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0608% | 1h | 8.5890 | +0.082% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0010% | 4h | 8.5750 | −0.082% | $435K | $243K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6504 | +0.797% | $32K | $39K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0023% | 1h | 8.6100 | +0.326% | $8K | $251K | 50x | as long as short |
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
ApeX Omni CXMTUSDT