Funding you earn now, next payment 06:00 UTC−0.0838%/8h= −91.8% APRnext payment −$1.05 per $10,000 · paid last 24h −0.045%
Price spread now: tradeXYZ against SoDEX−0.119%7-day average −0.011% · 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−$94as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.119%, 7d avg −0.011%
=Together, before fees+0.032%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and tradeXYZ is 0.108% cheaper against SoDEX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.011%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.067% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 per $10,000. 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 | 8.6290 | −0.2599 | get 0.0325% / 1h | 45m 47s | $229K | $9K | 5x |
| Short | tradeXYZ xyz:CXMT | 8.6187 | −0.3437 | pay 0.0430% / 1h | 45m 47s | $56.2M | $9.3M | 10x |
SoDEX CXMT-USD
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$175.96
- Price spread: −0.119% → −0.011%
- −$10.84
- Slippage, 4 orders
- −$56.86
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$269.66
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 3 min ago; tradeXYZ: live order book, 4 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 | 1.79 bp | 28.3 bp −$28 | 1500.1 bp −$15.0K | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.97 bp | 14.1 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.4360% | 1h | 8.6350 | +0.070% | $1K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4234% | 4h | 8.6270 | −0.023% | $4.4M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3814% | 8h | 8.6280 | −0.012% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.3437% | 1h | 8.6187 | −0.119% | $56.2M | $9.3M | 10x | |
| OKX CXMT-USDT-SWAP | −0.3173% | 8h | 8.6260 | −0.035% | $1.4M | $5.3M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2989% | 1h | 8.6477 | +0.217% | $8K | $52K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2755% | 8h | 8.6330 | +0.046% | $604K | $839K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2654% | 1h | 8.6430 | +0.162% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDlong | −0.2599% | 1h | 8.6290 | long leg | $229K | $9K | 5x | |
| Gate CXMT_USDT | −0.2104% | 1h | 8.6210 | −0.093% | $5.7M | $13.3M | 50x | as long as short |
Popdex CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
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 | −0.2054% | 8h | 8.6180 | −0.127% | $138K | $105K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1740% | 1h | 8.6100 | −0.220% | $8K | $252K | 50x | as long as short |
| Lighter CXMT | −0.1728% | 1h | 8.6341 | +0.059% | $101K | $17K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0061% | 4h | 8.6218 | −0.083% | $436K | $242K | 10x | as long as short |
| SunX CXMT-USDT | −0.0031% | 4h | 8.6411 | +0.140% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7084 | +0.920% | $32K | $37K | 10x | as long as short |
Aster CXMTUSDT
ApeX Omni CXMTUSDT
Lighter CXMT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT