Funding you earn now, next payment 04:00 UTC−0.1296%/8h= −141.9% APRnext payment −$1.62 per $10,000 · paid last 24h −0.096%
Price spread now: SoDEX against ApeX Omni−0.568%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$225as in the Price arb table
costs, in and out, $10k−$1751.754% of the position
Funding, last 3 days (all we have)−0.096%−$10 on $10k
+Price spread, last 4 days (all we have)+0.659%+$66 · spread now −0.568%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$39 a day on $10k at the current rate, and SoDEX is 0.498% cheaper against ApeX Omni than usual: you would sell low and buy high (−$50 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.096% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.62 per $10,000. 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 | 8.7200 | −0.1125 | get 0.0141% / 1h | 11m 06s | $8K | $250K | 50x |
| Short | SoDEX CXMT-USD | 8.6705 | −0.2421 | pay 0.0303% / 1h | 11m 06s | $231K | $9K | 5x |
ApeX Omni CXMTUSDT
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$272.1
- Price spread: −0.568% → −0.069%
- −$49.85
- Slippage, 4 orders
- −$157.36
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$497.31
- Costs to cover
- 1.754%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 45 min ago; SoDEX: live order book, 47 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, 45 min ago | 40.16 bp | 59.5 bp −$59 | 259.0 bp −$2,590 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 47 min ago | 0.81 bp | 27.4 bp −$27 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CXMTUSDT | −0.4575% | 8h | 8.6720 | −0.550% | $1.0M | $1.0M | 20x | as long as short |
| Binance CXMTUSDT | −0.4318% | 4h | 8.6900 | −0.344% | $4.5M | $8.7M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3729% | 1h | 8.6666 | −0.612% | $8K | $51K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.3555% | 1h | 8.6673 | −0.604% | $56.4M | $9.0M | 10x | as long as short |
| Popdex CXMTUSDT | −0.3096% | 1h | 8.6870 | −0.378% | $1K | $115K | 20x | as long as short |
| Gate CXMT_USDT | −0.2840% | 1h | 8.6650 | −0.631% | $5.9M | $13.0M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2560% | 1h | 8.6805 | −0.453% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2462% | 8h | 8.6710 | −0.562% | $1.5M | $5.2M | 20x | as long as short |
| SoDEX CXMT-USDshort | −0.2421% | 1h | 8.6705 | −0.568% | $231K | $9K | 5x | |
| Bitget CXMTUSDT | −0.2324% | 8h | 8.6750 | −0.516% | $596K | $829K | 20x | as long as short |
Bybit CXMTUSDT
Binance CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.2011% | 8h | 8.6860 | −0.390% | $139K | $100K | 20x | as long as short |
| Lighter CXMT | −0.1408% | 1h | 8.6771 | −0.492% | $102K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1363% | 4h | 8.6947 | −0.290% | $85 | $2.4M | 10x | as long as short |
| ApeX Omni CXMTUSDTlong | −0.1125% | 1h | 8.7200 | long leg | $8K | $250K | 50x | |
| edgeX CXMTUSDC | −0.0051% | 4h | 8.6653 | −0.627% | $438K | $242K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7447 | +0.283% | $32K | $37K | 10x | as long as short |
Aster CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT