Funding you earn now, next payment 08:00 UTC+0.0015%/8h= +1.7% APRpaid last 24h +0.088%
Price spread now: OKX against Binance−0.006%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$490.492% of the position
Funding, last 7 days+0.333%+$33 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.006%, 7d avg −0.072%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.072%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CXMTUSDT | 8.6016 | −0.4071 | get 0.2036% / 4h | 46m 10s | $4.2M | $9.6M | 20x |
| Short | OKX CXMT-USDT-SWAP | 8.6010 | −0.4056 | pay 0.4056% / 8h | 46m 10s | $1.3M | $5.7M | 20x |
Binance CXMTUSDT
OKX CXMT-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $3.2
- Price spread: −0.006% → −0.072%
- $6.59
- Slippage, 4 orders
- −$29.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.45
- Costs to cover
- 0.492%
- Break-even
- 93.2 days
Slippage from Binance: live order book, 8 min ago; OKX: 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, 8 min ago | 1.16 bp | 14.1 bp −$14 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.16 bp | 14.1 bp −$14 | 97.6 bp −$976 | 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 | −0.4071% | 4h | 8.6016 | long leg | $4.2M | $9.6M | 20x | |
| OKX CXMT-USDT-SWAPshort | −0.4056% | 8h | 8.6010 | −0.006% | $1.3M | $5.7M | 20x | |
| Bybit CXMTUSDT | −0.3744% | 8h | 8.6000 | −0.018% | $1.1M | $1.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3703% | 8h | 8.6130 | +0.133% | $648K | $941K | 20x | as long as short |
| Gate CXMT_USDT | −0.3240% | 1h | 8.5740 | −0.320% | $5.6M | $13.4M | 50x | as long as short |
| Aster CXMTUSDT | −0.3134% | 8h | 8.5972 | −0.050% | $138K | $70K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2579% | 1h | 8.5844 | −0.199% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2351% | 1h | 8.5792 | −0.260% | $56.0M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1817% | 1h | 8.5868 | −0.172% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.1322% | 1h | 8.5950 | −0.076% | $229K | $9K | 5x | as long as short |
Bybit CXMTUSDT
Bitget CXMTUSDT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0575% | 4h | 8.6132 | +0.135% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0344% | 1h | 8.5973 | −0.049% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0082% | 4h | 8.5784 | −0.269% | $460K | $267K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6371 | +0.413% | $32K | $39K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6030 | +0.017% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6200 | +0.214% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT