Funding you earn now, next payment 02:00 UTC−0.0286%/8h= −31.4% APRpaid last 24h −0.050%
Price spread now: OKX against tradeXYZ+0.097%7-day average +0.108% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 7 days−0.044%−$4 · spread now +0.097%, 7d avg +0.108%
=Together, before fees−0.023%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.108%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% 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 | 8.5877 | 0.0286 | pay 0.0036% / 1h | 57m 12s | $55.3M | $8.0M | 10x |
| Short | OKX CXMT-USDT-SWAP | 8.5960 | 0 | get 0.0000% / 8h | 6h 57m | $1.2M | $5.2M | 20x |
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$60.15
- Price spread: +0.097% → +0.108%
- −$1.1
- Slippage, 4 orders
- −$20.7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$109.94
- Costs to cover
- 0.487%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; OKX: live order book, 6 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, 2 min ago | 1.39 bp | 13.4 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 1.16 bp | 10.2 bp −$10 | 148.4 bp −$1,484 | 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 | −0.0002% | 4h | 8.6010 | +0.155% | $435K | $239K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6308 | +0.502% | $167K | $72K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5950 | +0.085% | $968K | $636K | 20x | as long as short |
| OKX CXMT-USDT-SWAPshort | 0.0000% | 8h | 8.5960 | +0.097% | $1.2M | $5.2M | 20x | |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5960 | +0.097% | $622K | $940K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6031 | +0.179% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6577 | +0.815% | $31K | $37K | 10x | as long as short |
| Binance CXMTUSDT | +0.0030% | 4h | 8.6018 | +0.165% | $4.1M | $8.6M | 20x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.6105 | +0.265% | $101K | $21K | 5x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6040 | +0.190% | $5K | $111K | 20x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Binance CXMTUSDT
Lighter CXMT
Popdex CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5877 | 0.000% | $8K | $44K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5875 | −0.002% | $228K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | +0.027% | $8K | $250K | 50x | as long as short |
| Gate CXMT_USDT | +0.0208% | 1h | 8.5880 | +0.003% | $4.8M | $9.6M | 50x | as long as short |
| tradeXYZ xyz:CXMTlong | +0.0286% | 1h | 8.5877 | long leg | $55.3M | $8.0M | 10x | |
| Ondo Perps CXMT-USD.P | +0.0634% | 1h | 8.6035 | +0.184% | $23K | $49K | 10x | as long as short |
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Gate CXMT_USDT
Ondo Perps CXMT-USD.P