Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.114%
Price spread now: Binance against SoDEX+0.121%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.746% of the position
Funding, last 3 days (all we have)−0.202%−$20 on $10k
+Price spread, last 2 days (all we have)+0.213%+$21 · spread now +0.121%, 7d avg +0.158%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.038% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.158%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CXMT-USD | 8.5407 | 0.0050 | pay 0.0006% / 1h | 0m 55s | $227K | $9K | 5x |
| Short | Binance CXMTUSDT | 8.5510 | 0 | get 0.0000% / 4h | 2h 00m | $4.0M | $8.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- −$10.5
- Price spread: +0.121% → +0.158%
- −$3.75
- Slippage, 4 orders
- −$56.58
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.83
- Costs to cover
- 0.746%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 23 min ago; Binance: live order book, 8 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 SoDEX live order book, 23 min ago | 1.76 bp | 27.1 bp −$27 | 1564.0 bp −$15.6K | doesn't fit | doesn't fit |
| Sell Binance live order book, 8 min ago | 0.58 bp | 7.5 bp −$8 | 26.2 bp −$262 | 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 | −0.0009% | 4h | 8.5425 | +0.021% | $432K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5652 | +0.287% | $165K | $69K | 20x | as long as short |
| Binance CXMTUSDTshort | 0.0000% | 4h | 8.5510 | +0.121% | $4.0M | $8.9M | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5470 | +0.074% | $968K | $703K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5480 | +0.085% | $1.1M | $5.6M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5450 | +0.050% | $4.8M | $14.0M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5580 | +0.203% | $532K | $878K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5565 | +0.185% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6062 | +0.767% | $31K | $38K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5518 | +0.130% | $101K | $29K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5500 | +0.109% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5394 | −0.015% | $8K | $47K | 10x | as long as short |
| SoDEX CXMT-USDlong | +0.0050% | 1h | 8.5407 | long leg | $227K | $9K | 5x | |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5452 | +0.053% | $23K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | +0.0097% | 1h | 8.5422 | +0.018% | $55.0M | $8.3M | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5500 | +0.109% | $8K | $249K | 50x | as long as short |
SoDEX CXMT-USD
Binance CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
ApeX Omni CXMTUSDT