Funding you earn now, next payment 12:00 UTC−0.2797%/8h= −306.3% APRnext payment −$13.99 per $10,000 · paid last 24h −0.221%
Price spread now: Binance against SunX−0.291%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days−0.406%−$41 on $10k
+Price spread, last 4 days (all we have)+0.357%+$36 · spread now −0.291%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$84 a day on $10k at the current rate, and Binance is 0.267% cheaper against SunX than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.406% in total (about -21.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.99 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 | SunX CXMT-USDT | 8.5804 | 0 | get 0.0000% / 4h | 3h 54m | $84 | $2.3M | 10x |
| Short | Binance CXMTUSDT | 8.5554 | −0.2797 | pay 0.1399% / 4h | 3h 54m | $4.1M | $10.0M | 20x |
SunX CXMT-USDT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- −$587.41
- Price spread: −0.291% → −0.024%
- −$26.7
- Slippage, 4 orders
- −$77.57
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$709.68
- Costs to cover
- 0.956%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; Binance: live order book, 15 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 SunX live order book, 2 min ago | 23.91 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 1.16 bp | 10.8 bp −$11 | 45.9 bp −$459 | 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 | −0.3333% | 8h | 8.5400 | −0.471% | $1.2M | $5.9M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3258% | 8h | 8.5550 | −0.296% | $677K | $1.1M | 20x | as long as short |
| Binance CXMTUSDTshort | −0.2797% | 4h | 8.5554 | −0.291% | $4.1M | $10.0M | 20x | |
| Aster CXMTUSDT | −0.2527% | 8h | 8.5765 | −0.046% | $137K | $69K | 20x | as long as short |
| Gate CXMT_USDT | −0.1800% | 1h | 8.5450 | −0.413% | $5.6M | $13.2M | 50x | as long as short |
| tradeXYZ xyz:CXMT | −0.0676% | 1h | 8.5648 | −0.182% | $55.8M | $10.0M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.0558% | 1h | 8.5568 | −0.275% | $28K | $33K | 10x | as long as short |
| Bybit CXMTUSDT | −0.0547% | 8h | 8.5560 | −0.284% | $975K | $1.5M | 20x | as long as short |
| SoDEX CXMT-USD | −0.0126% | 1h | 8.5540 | −0.308% | $227K | $9K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0035% | 4h | 8.5772 | −0.038% | $460K | $266K | 10x | as long as short |
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
Bybit CXMTUSDT
SoDEX CXMT-USD
edgeX CXMTUSDCShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDTlong | 0.0000% | 4h | 8.5804 | long leg | $84 | $2.3M | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6226 | +0.492% | $32K | $39K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5795 | −0.010% | $101K | $18K | 5x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5640 | −0.191% | $2K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5812 | +0.009% | $8K | $48K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5800 | −0.005% | $8K | $252K | 50x | as long as short |
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT