Funding you earn now, next payment 03:00 UTC−0.4257%/8h= −466.1% APRpaid last 24h +0.135%
Price spread now: SoDEX against Binance−0.006%7-day average −0.155% · 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−$66as in the Price arb table
costs, in and out, $10k−$810.812% of the position
Funding, last 3 days (all we have)+0.201%+$20 on $10k
+Price spread, last 2 days (all we have)−0.248%−$25 · spread now −0.006%, 7d avg −0.155%
=The price spread pays, funding is against you. SoDEX is 0.149% dearer against Binance than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.155%): +$15 on $10k if it goes back. Holding the pair costs −$128 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 3 days funding on this pair paid +0.201%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.201% in total (about 22.5% 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 | 8.5510 | −0.0703 | get 0.0352% / 4h | 1h 47m | $4.2M | $7.8M | 20x |
| Short | SoDEX CXMT-USD | 8.5505 | −0.4960 | pay 0.0620% / 1h | 47m 45s | $227K | $9K | 5x |
Binance CXMTUSDT
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$893.97
- Price spread: −0.006% → −0.155%
- $14.89
- Slippage, 4 orders
- −$63.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$960.31
- Costs to cover
- 0.812%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; SoDEX: live order book, 16 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, 6 min ago | 1.17 bp | 12.9 bp −$13 | 44.0 bp −$440 | 165.9 bp −$16.6K | doesn't fit |
| Sell SoDEX live order book, 16 min ago | 2.74 bp | 29.2 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.8712% | 1h | 8.5630 | +0.140% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.5849% | 1h | 8.6292 | +0.915% | $9K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.5625% | 1h | 8.5462 | −0.056% | $55.4M | $7.2M | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.4960% | 1h | 8.5505 | −0.006% | $227K | $9K | 5x | |
| Ondo Perps CXMT-USD.P | −0.4872% | 1h | 8.5784 | +0.320% | $21K | $25K | 10x | as long as short |
| Lighter CXMT | −0.4040% | 1h | 8.6047 | +0.628% | $101K | $21K | 5x | as long as short |
| Gate CXMT_USDT | −0.3080% | 1h | 8.5480 | −0.035% | $5.0M | $10.6M | 50x | as long as short |
| Bybit CXMTUSDT | −0.1986% | 8h | 8.5480 | −0.035% | $954K | $576K | 20x | as long as short |
| Binance CXMTUSDTlong | −0.0703% | 4h | 8.5510 | long leg | $4.2M | $7.8M | 20x | |
| SunX CXMT-USDT | −0.0384% | 4h | 8.6503 | +1.161% | $85 | $2.4M | 10x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
Lighter CXMT
Gate CXMT_USDT
Bybit CXMTUSDT
SunX CXMT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CXMTUSDT | −0.0260% | 1h | 8.6700 | +1.392% | $8K | $250K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0080% | 4h | 8.5725 | +0.252% | $434K | $241K | 10x | as long as short |
| Bitget CXMTUSDT | −0.0044% | 8h | 8.5560 | +0.058% | $611K | $825K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0022% | 8h | 8.5520 | +0.012% | $1.2M | $4.5M | 20x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5630 | +0.140% | $157K | $76K | 20x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6240 | +0.854% | $31K | $37K | 10x | as long as short |
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
HTX CXMT-USDT