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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:CXMT | 8.5565 | −0.5574 | get 0.0697% / 1h | 46m 34s | $55.5M | $7.2M | 10x |
| Short | SunX CXMT-USDT | 8.5701 | −0.0446 | pay 0.0223% / 4h | 1h 46m | $84 | $2.4M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 3 min ago | 0.93 bp | 12.3 bp −$12 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 81.13 bp | 99.2 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.8592% | 1h | 8.5600 | +0.041% | $5K | $112K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.5814% | 1h | 8.6292 | +0.850% | $9K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.5574% | 1h | 8.5565 | long leg | $55.5M | $7.2M | 10x | |
| SoDEX CXMT-USD | −0.4842% | 1h | 8.5591 | +0.030% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | −0.4804% | 1h | 8.5372 | −0.226% | $21K | $25K | 10x | as long as short |
| Lighter CXMT | −0.3944% | 1h | 8.6013 | +0.524% | $101K | $21K | 5x | as long as short |
| Gate CXMT_USDT | −0.3152% | 1h | 8.5550 | −0.018% | $5.0M | $10.6M | 50x | as long as short |
| Bybit CXMTUSDT | −0.2158% | 8h | 8.5550 | −0.018% | $954K | $577K | 20x | as long as short |
| Binance CXMTUSDT | −0.0866% | 4h | 8.5604 | +0.046% | $4.2M | $7.7M | 20x | as long as short |
| SunX CXMT-USDTshort | −0.0446% | 4h | 8.5701 | +0.159% | $84 | $2.4M | 10x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | −0.0120% | 8h | 8.5560 | −0.006% | $611K | $825K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0096% | 8h | 8.5580 | +0.018% | $1.2M | $4.5M | 20x | as long as short |
| edgeX CXMTUSDC | −0.0092% | 4h | 8.5621 | +0.066% | $433K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5560 | −0.006% | $157K | $77K | 20x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6208 | +0.751% | $31K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0044% | 1h | 8.6600 | +1.210% | $8K | $250K | 50x | as long as short |
tradeXYZ xyz:CXMT
SunX CXMT-USDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
Lighter CXMT
Gate CXMT_USDT
Bybit CXMTUSDT
Binance CXMTUSDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
edgeX CXMTUSDC
Aster CXMTUSDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT