Funding you earn now, next payment 07:00 UTC+0.4551%/8h= +498.3% APRpaid last 24h +0.241%
Price spread now: ApeX Omni against Binance−0.014%99s7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as 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−$1341.342% of the position
Funding, last 7 days+0.586%+$59 on $10k
+Price spread, last 4 days (all we have)−0.349%−$35 · spread now −0.014%, 7d avg −0.092%
=Both sides work for this trade now. Funding pays +$137 a day on $10k at the current rate, and ApeX Omni is 0.079% dearer against Binance than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.092%. The two prices were read 99 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 0.586% in total (about 30.5% 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 | Binance CXMTUSDT | 8.5812 | −0.4562 | get 0.2281% / 4h | 1h 39m | $4.2M | $9.3M | 20x |
| Short | ApeX Omni CXMTUSDT | 8.5800 | −0.0012 | pay 0.0001% / 1h | 39m 50s | $8K | $251K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- $955.66
- Price spread: −0.014% → −0.092%
- $7.88
- Slippage, 4 orders
- −$114.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $829.35
- Costs to cover
- 1.342%
- Break-even
- 0.9 days
Slippage from Binance: live order book, 15 min ago; ApeX Omni: live order book, 2 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 Binance live order book, 15 min ago | 1.16 bp | 14.1 bp −$14 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 2 min ago | 34.97 bp | 55.1 bp −$55 | 232.9 bp −$2,329 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDTlong | −0.4562% | 4h | 8.5812 | long leg | $4.2M | $9.3M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4082% | 8h | 8.5830 | +0.021% | $1.3M | $5.5M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4065% | 8h | 8.5850 | +0.045% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3603% | 8h | 8.5840 | +0.033% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3070% | 8h | 8.6090 | +0.324% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2648% | 1h | 8.5620 | −0.223% | $5.7M | $13.4M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2465% | 1h | 8.5806 | −0.007% | $8K | $50K | 10x | as long as short |
| Popdex CXMTUSDT | −0.2416% | 1h | 8.5820 | +0.010% | $2K | $116K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2317% | 1h | 8.5751 | −0.071% | $55.9M | $9.9M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1779% | 1h | 8.5766 | −0.053% | $29K | $33K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1399% | 1h | 8.5744 | −0.079% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1157% | 4h | 8.5850 | +0.045% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0584% | 1h | 8.5841 | +0.034% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0028% | 4h | 8.5743 | −0.080% | $434K | $243K | 10x | as long as short |
| ApeX Omni CXMTUSDTshort | −0.0012% | 1h | 8.5800 | −0.014% | $8K | $251K | 50x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6600 | +0.919% | $32K | $39K | 10x | as long as short |
Binance CXMTUSDT
ApeX Omni CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT