Funding you earn now, next payment 07:00 UTC−0.2285%/8h= −250.2% APRpaid last 24h −0.107%
Price spread now: Binance against tradeXYZ+0.071%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$540.538% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.071%, 7d avg +0.179%
=Together, before fees−0.182%+ Points / potential airdroptradeXYZ: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$69 a day on $10k at the current rate, and Binance is 0.107% cheaper against tradeXYZ than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.179%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.193% in total (about -10.1% 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 | tradeXYZ xyz:CXMT | 8.5731 | −0.2291 | get 0.0286% / 1h | 41m 35s | $55.9M | $9.8M | 10x |
| Short | Binance CXMTUSDT | 8.5792 | −0.4576 | pay 0.2288% / 4h | 1h 41m | $4.2M | $9.3M | 20x |
tradeXYZ xyz:CXMT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$479.84
- Price spread: +0.071% → +0.179%
- −$10.73
- Slippage, 4 orders
- −$25.84
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$544.41
- Costs to cover
- 0.538%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Binance: live order book, 13 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, 8 min ago | 1.80 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 1.16 bp | 10.0 bp −$10 | 39.2 bp −$392 | 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 CXMTUSDTshort | −0.4576% | 4h | 8.5792 | +0.071% | $4.2M | $9.3M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4078% | 8h | 8.5880 | +0.174% | $1.3M | $5.4M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4069% | 8h | 8.5840 | +0.127% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3598% | 8h | 8.5830 | +0.115% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3064% | 8h | 8.6090 | +0.419% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2624% | 1h | 8.5610 | −0.141% | $5.7M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2432% | 1h | 8.5769 | +0.044% | $8K | $51K | 10x | as long as short |
| Popdex CXMTUSDT | −0.2344% | 1h | 8.5820 | +0.104% | $2K | $116K | 20x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.2291% | 1h | 8.5731 | long leg | $55.9M | $9.8M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1750% | 1h | 8.5766 | +0.041% | $29K | $33K | 10x | as long as short |
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 | −0.1348% | 1h | 8.5754 | +0.027% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1185% | 4h | 8.5855 | +0.145% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0536% | 1h | 8.5837 | +0.124% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0028% | 4h | 8.5743 | +0.014% | $434K | $243K | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.0012% | 1h | 8.5800 | +0.080% | $8K | $251K | 50x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6535 | +0.938% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
ApeX Omni CXMTUSDT
HTX CXMT-USDT