Funding you earn now, next payment 04:00 UTC−0.2114%/8h= −231.5% APRpaid last 24h −0.202%
Price spread now: Binance against ApeX Omni+0.219%59s7-day average +0.103% · you sell dearer than you buy
Net, funding: paid 7d − costs−$198as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1501.499% of the position
Funding, last 7 days−0.484%−$48 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now +0.219%, 7d avg +0.103%
=The price spread pays, funding is against you. Binance is 0.116% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.219% now, against its 7-day average of +0.103%): +$12 on $10k if it goes back. Holding the pair costs −$63 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.484% in total) that is about 40 hours. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.484% in total (about -25.2% 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 | ApeX Omni CXMTUSDT | 8.6900 | −0.1972 | get 0.0246% / 1h | 36m 36s | $8K | $250K | 50x |
| Short | Binance CXMTUSDT | 8.7090 | −0.4086 | pay 0.2043% / 4h | 36m 36s | $4.5M | $8.6M | 20x |
ApeX Omni CXMTUSDT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. 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
- −$444.03
- Price spread: +0.219% → +0.103%
- $11.57
- Slippage, 4 orders
- −$129.89
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$582.34
- Costs to cover
- 1.499%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 20 min ago; Binance: live order book, 3 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 ApeX Omni live order book, 20 min ago | 40.16 bp | 59.5 bp −$59 | 259.0 bp −$2,590 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.73 bp | 14.4 bp −$14 | 45.7 bp −$457 | 157.6 bp −$15.8K | 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 | −0.4896% | 1h | 8.7030 | +0.150% | $1K | $115K | 20x | as long as short |
| Bybit CXMTUSDT | −0.4576% | 8h | 8.6920 | +0.023% | $999K | $904K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4347% | 1h | 8.7187 | +0.330% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4147% | 1h | 8.6903 | +0.003% | $56.6M | $8.8M | 10x | as long as short |
| Binance CXMTUSDTshort | −0.4086% | 4h | 8.7090 | +0.219% | $4.5M | $8.6M | 20x | |
| SoDEX CXMT-USD | −0.3391% | 1h | 8.6895 | −0.006% | $231K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.3352% | 1h | 8.6820 | −0.092% | $5.8M | $12.6M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2889% | 1h | 8.7031 | +0.151% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2055% | 8h | 8.6920 | +0.023% | $1.5M | $5.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2039% | 8h | 8.6940 | +0.046% | $593K | $844K | 20x | as long as short |
Popdex CXMTUSDT
Bybit CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Gate CXMT_USDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CXMTUSDTlong | −0.1972% | 1h | 8.6900 | long leg | $8K | $250K | 50x | |
| Lighter CXMT | −0.1888% | 1h | 8.7182 | +0.325% | $102K | $18K | 5x | as long as short |
| Aster CXMTUSDT | −0.1798% | 8h | 8.7010 | +0.127% | $141K | $99K | 20x | as long as short |
| SunX CXMT-USDT | −0.1728% | 4h | 8.7105 | +0.236% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0026% | 4h | 8.6763 | −0.157% | $439K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7772 | +1.003% | $32K | $37K | 10x | as long as short |
Lighter CXMT
Aster CXMTUSDT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT