Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.5128%/8h= +561.5% APRpaid last 24h +0.114%
Price spread now: SunX against tradeXYZ+0.159%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$192as in the Funding arb table
Net, price: spread back to 7d avg − costs−$214as in the Price arb table
costs, in and out, $10k−$2102.097% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.172%+$17 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.159%, 7d avg +0.199%
Together, before fees+0.309%+ Points / potential airdroptradeXYZ: Active · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.040% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.159% now, against its 7-day average of +0.199%). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$154 a day). At the pace of the last 7 days (+0.172% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CXMT8.5565−0.5574get 0.0697% / 1h46m 34s$55.5M$7.2M10x
ShortSunX CXMT-USDT8.5701−0.0446pay 0.0223% / 4h1h 46m$84$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against tradeXYZ. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1,076.86
Price spread: +0.159% → +0.199%
−$4.01
Slippage, 4 orders
−$183.66
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee SunX: 4 bp × 2 orders
−$8
Net
$863.19
Costs to cover
2.097%
Break-even
1.4 days
Slippage from tradeXYZ: live order book, 3 min ago; SunX: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 3 min ago0.93 bp12.3 bp −$1219.5 bp −$195doesn't fitdoesn't fit
Sell SunX live order book, 10 min ago81.13 bp99.2 bp −$99doesn't fitdoesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT−0.8592%1h8.5600+0.041%$5K$112K20xas long as short
Polymarket Perps CXMT-USD−0.5814%1h8.6292+0.850%$9K$46K10xas long as short
tradeXYZ xyz:CXMTlong−0.5574%1h8.5565long leg$55.5M$7.2M10x
SoDEX CXMT-USD−0.4842%1h8.5591+0.030%$228K$9K5xas long as short
Ondo Perps CXMT-USD.P−0.4804%1h8.5372−0.226%$21K$25K10xas long as short
Lighter CXMT−0.3944%1h8.6013+0.524%$101K$21K5xas long as short
Gate CXMT_USDT−0.3152%1h8.5550−0.018%$5.0M$10.6M50xas long as short
Bybit CXMTUSDT−0.2158%8h8.5550−0.018%$954K$577K20xas long as short
Binance CXMTUSDT−0.0866%4h8.5604+0.046%$4.2M$7.7M20xas long as short
SunX CXMT-USDTshort−0.0446%4h8.5701+0.159%$84$2.4M10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CXMTUSDT−0.0120%8h8.5560−0.006%$611K$825K20xas long as short
OKX CXMT-USDT-SWAP−0.0096%8h8.5580+0.018%$1.2M$4.5M20xas long as short
edgeX CXMTUSDC−0.0092%4h8.5621+0.066%$433K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5560−0.006%$157K$77K20xas long as short
HTX CXMT-USDT0.0000%4h8.6208+0.751%$31K$37K10xas long as short
ApeX Omni CXMTUSDT+0.0044%1h8.6600+1.210%$8K$250K50xas long as short