Funding you earn now, next payment 05:00 UTC−0.1653%/8h= −180.9% APRpaid last 24h −0.048%
Price spread now: SoDEX against SunX−0.134%7-day average −0.184% · 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−$190as in the Price arb table
costs, in and out, $10k−$1951.954% of the position
Funding, last 3 days (all we have)−0.015%−$2 on $10k
+Price spread, last 4 days (all we have)+0.181%+$18 · spread now −0.134%, 7d avg −0.184%
=The price spread pays, funding is against you. SoDEX is 0.050% dearer against SunX than usual: you sell high and buy low (spread −0.134% now, against its 7-day average of −0.184%): +$5 on $10k if it goes back. Holding the pair costs −$50 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 3 days (−0.015% in total) that is about 11 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.015% in total (about -1.7% 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 | SunX CXMT-USDT | 8.6431 | −0.0066 | get 0.0033% / 4h | 3h 49m | $85 | $2.4M | 10x |
| Short | SoDEX CXMT-USD | 8.6315 | −0.1719 | pay 0.0215% / 1h | 49m 03s | $230K | $9K | 5x |
SunX CXMT-USDT
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$347.03
- Price spread: −0.134% → −0.184%
- $4.98
- Slippage, 4 orders
- −$179.37
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$537.42
- Costs to cover
- 1.954%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; SoDEX: 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 SunX live order book, 7 min ago | 58.99 bp | 63.0 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 4 min ago | 1.56 bp | 28.3 bp −$28 | 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 | −0.4425% | 4h | 8.6390 | −0.047% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4406% | 8h | 8.6350 | −0.094% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3497% | 1h | 8.6459 | +0.032% | $29K | $33K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2719% | 1h | 8.6325 | −0.123% | $56.3M | $9.1M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2714% | 8h | 8.6350 | −0.094% | $1.4M | $5.2M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2682% | 1h | 8.6418 | −0.015% | $10K | $48K | 10x | as long as short |
| Gate CXMT_USDT | −0.2512% | 1h | 8.6300 | −0.152% | $5.8M | $13.1M | 50x | as long as short |
| Bitget CXMTUSDT | −0.2449% | 8h | 8.6510 | +0.091% | $602K | $821K | 20x | as long as short |
| Aster CXMTUSDT | −0.2050% | 8h | 8.6724 | +0.339% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USDshort | −0.1719% | 1h | 8.6315 | −0.134% | $230K | $9K | 5x |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Bitget CXMTUSDT
Aster CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.1280% | 1h | 8.6427 | −0.005% | $102K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1117% | 1h | 8.6500 | +0.080% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0464% | 1h | 8.6420 | −0.013% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0080% | 4h | 8.6373 | −0.067% | $437K | $241K | 10x | as long as short |
| SunX CXMT-USDTlong | −0.0066% | 4h | 8.6431 | long leg | $85 | $2.4M | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7247 | +0.944% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT