Funding you earn now, next payment 07:00 UTC−0.1132%/8h= −123.9% APRpaid last 24h −0.114%
Price spread now: tradeXYZ against SunX−0.049%7-day average −0.198% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$980.984% of the position
Funding, last 7 days−0.213%−$21 on $10k
+Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.049%, 7d avg −0.198%
=Together, before fees−0.220%+ Points / potential airdroptradeXYZ: Active · farm board−$22 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.149% dearer against SunX than usual: you sell high and buy low (spread −0.049% now, against its 7-day average of −0.198%): +$15 on $10k if it goes back. Holding the pair costs −$34 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.213% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% 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 | 8.5871 | −0.1168 | get 0.0584% / 4h | 1h 41m | $84 | $2.4M | 10x |
| Short | tradeXYZ xyz:CXMT | 8.5829 | −0.2300 | pay 0.0287% / 1h | 41m 11s | $55.9M | $9.8M | 10x |
SunX CXMT-USDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$237.66
- Price spread: −0.049% → −0.198%
- $14.88
- Slippage, 4 orders
- −$72.36
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$321.13
- Costs to cover
- 0.984%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; tradeXYZ: 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 SunX live order book, 5 min ago | 23.86 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 1.80 bp | 14.8 bp −$15 | 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 | −0.4576% | 4h | 8.5891 | +0.023% | $4.2M | $9.3M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4078% | 8h | 8.5870 | −0.001% | $1.3M | $5.5M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4069% | 8h | 8.5900 | +0.034% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3598% | 8h | 8.5890 | +0.022% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3064% | 8h | 8.6090 | +0.255% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2624% | 1h | 8.5650 | −0.257% | $5.7M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2444% | 1h | 8.5806 | −0.076% | $8K | $51K | 10x | as long as short |
| Popdex CXMTUSDT | −0.2376% | 1h | 8.5880 | +0.010% | $2K | $116K | 20x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.2300% | 1h | 8.5829 | −0.049% | $55.9M | $9.8M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1750% | 1h | 8.5766 | −0.122% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Popdex CXMTUSDT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1360% | 1h | 8.5815 | −0.065% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDTlong | −0.1168% | 4h | 8.5871 | long leg | $84 | $2.4M | 10x | |
| Lighter CXMT | −0.0536% | 1h | 8.5898 | +0.031% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0028% | 4h | 8.5743 | −0.149% | $434K | $243K | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.0012% | 1h | 8.5800 | −0.083% | $8K | $251K | 50x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6535 | +0.773% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
Lighter CXMT
edgeX CXMTUSDC
ApeX Omni CXMTUSDT
HTX CXMT-USDT