Funding you earn now, next payment 00:00 UTC−0.1097%/8h= −120.1% APRpaid last 24h 0.000%
Price spread now: Aster against tradeXYZ−0.070%7-day average +0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.070%, 7d avg +0.140%
=Together, before fees+0.117%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and Aster is 0.210% cheaper against tradeXYZ than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.140%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.086% in total (about -4.5% 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 | tradeXYZ xyz:CXMT | 8.5949 | 0.1097 | pay 0.0137% / 1h | 44m 03s | $55.3M | $8.2M | 10x |
| Short | Aster CXMTUSDT | 8.5888 | 0 | get 0.0000% / 8h | 44m 03s | $166K | $69K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$230.34
- Price spread: −0.070% → +0.140%
- −$21.04
- Slippage, 4 orders
- −$98.11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$375.49
- Costs to cover
- 1.241%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; Aster: live order book, 32 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 tradeXYZ live order book, 5 min ago | 2.44 bp | 13.8 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 32 min ago | 25.00 bp | 49.5 bp −$50 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0081% | 4h | 8.5938 | −0.013% | $435K | $241K | 10x | as long as short |
| Aster CXMTUSDTshort | 0.0000% | 8h | 8.5888 | −0.070% | $166K | $69K | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5960 | +0.013% | $973K | $697K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6020 | +0.083% | $1.2M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5980 | +0.036% | $544K | $880K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6100 | +0.176% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6642 | +0.806% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6050 | +0.118% | $5K | $111K | 20x | as long as short |
| Binance CXMTUSDT | +0.0054% | 4h | 8.6048 | +0.115% | $4.0M | $8.9M | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.059% | $8K | $249K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | +0.0308% | 1h | 8.5924 | −0.029% | $228K | $9K | 5x | as long as short |
| Polymarket Perps CXMT-USD | +0.0596% | 1h | 8.5892 | −0.066% | $8K | $47K | 10x | as long as short |
| Gate CXMT_USDT | +0.0768% | 1h | 8.5970 | +0.024% | $4.8M | $13.1M | 50x | as long as short |
| Lighter CXMT | +0.0832% | 1h | 8.6063 | +0.133% | $102K | $29K | 5x | as long as short |
| tradeXYZ xyz:CXMTlong | +0.1097% | 1h | 8.5949 | long leg | $55.3M | $8.2M | 10x | |
| Ondo Perps CXMT-USD.P | +0.1586% | 1h | 8.5992 | +0.050% | $23K | $50K | 10x | as long as short |
tradeXYZ xyz:CXMT
Aster CXMTUSDT
edgeX CXMTUSDC
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
Binance CXMTUSDT
ApeX Omni CXMTUSDT
SoDEX CXMT-USD
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Lighter CXMT