Funding you earn now, next payment 08:00 UTC+0.0283%/8h= +31.0% APRpaid last 24h +0.077%
Price spread now: SunX against SoDEX+0.158%7-day average +0.185% · 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−$125as in the Price arb table
costs, in and out, $10k−$1231.225% of the position
Funding, last 3 days (all we have)+0.083%+$8 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.158%, 7d avg +0.185%
=Funding pays, the price is against you. SunX is 0.026% cheaper against SoDEX than usual: you would sell low and buy high (spread +0.158% now, against its 7-day average of +0.185%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.083% in total) that is about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.083% in total (about 8.7% 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 | SoDEX CXMT-USD | 8.5955 | −0.0707 | get 0.0088% / 1h | 35m 44s | $229K | $9K | 5x |
| Short | SunX CXMT-USDT | 8.6091 | −0.0424 | pay 0.0212% / 4h | 35m 44s | $84 | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $59.45
- Price spread: +0.158% → +0.185%
- −$2.63
- Slippage, 4 orders
- −$106.52
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$65.71
- Costs to cover
- 1.225%
- Break-even
- 14.7 days
Slippage from SoDEX: live order book, 3 min ago; SunX: live order book, 1 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, 3 min ago | 1.51 bp | 26.2 bp −$26 | 1524.1 bp −$15.2K | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 23.28 bp | 40.1 bp −$40 | 69.7 bp −$697 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAP | −0.3898% | 8h | 8.6030 | +0.087% | $1.3M | $5.7M | 20x | as long as short |
| Binance CXMTUSDT | −0.3774% | 4h | 8.6006 | +0.059% | $4.2M | $9.6M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3587% | 8h | 8.6050 | +0.111% | $648K | $956K | 20x | as long as short |
| Bybit CXMTUSDT | −0.3564% | 8h | 8.6020 | +0.076% | $1.1M | $1.2M | 20x | as long as short |
| Aster CXMTUSDT | −0.3007% | 8h | 8.5937 | −0.020% | $138K | $70K | 20x | as long as short |
| Gate CXMT_USDT | −0.2976% | 1h | 8.5780 | −0.204% | $5.6M | $13.5M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2119% | 1h | 8.5804 | −0.176% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1880% | 1h | 8.5834 | −0.141% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1502% | 1h | 8.5603 | −0.410% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.0707% | 1h | 8.5955 | long leg | $229K | $9K | 5x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDTshort | −0.0424% | 4h | 8.6091 | +0.158% | $84 | $2.3M | 10x | |
| Lighter CXMT | −0.0096% | 1h | 8.5975 | +0.023% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0053% | 4h | 8.5827 | −0.149% | $460K | $267K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6554 | +0.697% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5990 | +0.041% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6100 | +0.169% | $8K | $252K | 50x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
OKX CXMT-USDT-SWAP
Binance CXMTUSDT
Bitget CXMTUSDT
Bybit CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT