Funding you earn now, next payment 09:00 UTC−0.3312%/8h= −362.7% APRpaid last 24h −0.283%
Price spread now: OKX against ApeX Omni−0.070%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1551.552% of the position
Funding, last 7 days−0.486%−$49 on $10k
+Price spread, last 4 days (all we have)+0.149%+$15 · spread now −0.070%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$99 a day on $10k at the current rate, and OKX is 0.068% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.486% in total (about -25.3% 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 | 8.5400 | 0.0100 | pay 0.0013% / 1h | 35m 14s | $8K | $252K | 50x |
| Short | OKX CXMT-USDT-SWAP | 8.5340 | −0.3212 | pay 0.3212% / 8h | 7h 35m | $1.2M | $5.9M | 20x |
ApeX Omni CXMTUSDT
OKX CXMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$695.57
- Price spread: −0.070% → −0.002%
- −$6.8
- Slippage, 4 orders
- −$135.25
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$857.62
- Costs to cover
- 1.552%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; OKX: 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, 61 min ago | 34.88 bp | 56.4 bp −$56 | 231.5 bp −$2,315 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.76 bp | 16.2 bp −$16 | 124.5 bp −$1,245 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAPshort | −0.3212% | 8h | 8.5340 | −0.070% | $1.2M | $5.9M | 20x | |
| Bitget CXMTUSDT | −0.3188% | 8h | 8.5420 | +0.023% | $673K | $1.1M | 20x | as long as short |
| Binance CXMTUSDT | −0.2583% | 4h | 8.5359 | −0.048% | $4.1M | $10.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.2300% | 8h | 8.5460 | +0.070% | $137K | $70K | 20x | as long as short |
| Gate CXMT_USDT | −0.2136% | 1h | 8.5270 | −0.152% | $5.6M | $13.4M | 50x | as long as short |
| Bybit CXMTUSDT | −0.1792% | 8h | 8.5330 | −0.082% | $955K | $1.6M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1671% | 1h | 8.5277 | −0.144% | $28K | $41K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1257% | 1h | 8.5318 | −0.096% | $55.6M | $10.0M | 10x | as long as short |
| SoDEX CXMT-USD | −0.0653% | 1h | 8.5315 | −0.100% | $227K | $11K | 5x | as long as short |
| Popdex CXMTUSDT | −0.0096% | 1h | 8.5370 | −0.035% | $2K | $115K | 20x | as long as short |
Bitget CXMTUSDT
Binance CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Popdex CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0025% | 4h | 8.5385 | −0.018% | $458K | $267K | 10x | as long as short |
| Lighter CXMT | −0.0016% | 1h | 8.5463 | +0.074% | $100K | $18K | 5x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5425 | +0.029% | $84 | $2.3M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6064 | +0.778% | $32K | $39K | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5655 | +0.299% | $8K | $48K | 10x | as long as short |
| ApeX Omni CXMTUSDTlong | +0.0100% | 1h | 8.5400 | long leg | $8K | $252K | 50x |
edgeX CXMTUSDC
Lighter CXMT
SunX CXMT-USDT
HTX CXMT-USDT
Polymarket Perps CXMT-USD