Funding you earn now, next payment 03:00 UTC−0.3117%/8h= −341.3% APRpaid last 24h +0.075%
Price spread now: tradeXYZ against OKX−0.058%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$550.545% of the position
Funding, last 7 days−0.042%−$4 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now −0.058%, 7d avg −0.108%
=Together, before fees−0.057%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.051% dearer against OKX than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.108%): +$5 on $10k if it goes back. Holding the pair costs −$94 a day in funding at the current rate, which eats that in about 1 hour. At the pace of the last 7 days (−0.042% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.042% in total (about -2.2% 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 | OKX CXMT-USDT-SWAP | 8.6950 | −0.1449 | get 0.1449% / 8h | 5h 00m | $1.4M | $5.1M | 20x |
| Short | tradeXYZ xyz:CXMT | 8.6900 | −0.4566 | pay 0.0571% / 1h | 0m 37s | $56.5M | $8.4M | 10x |
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against OKX. 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
- −$654.6
- Price spread: −0.058% → −0.108%
- $5.08
- Slippage, 4 orders
- −$26.54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$704.06
- Costs to cover
- 0.545%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; tradeXYZ: live order book, 9 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 OKX live order book, 2 min ago | 2.30 bp | 10.2 bp −$10 | 64.0 bp −$640 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 4.42 bp | 15.1 bp −$15 | 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 | −0.6624% | 1h | 8.7070 | +0.138% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4711% | 1h | 8.7205 | +0.293% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.4566% | 1h | 8.6900 | −0.058% | $56.5M | $8.4M | 10x | |
| Bybit CXMTUSDT | −0.4119% | 8h | 8.6910 | −0.046% | $978K | $740K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3766% | 1h | 8.6564 | −0.444% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3468% | 1h | 8.6895 | −0.063% | $231K | $9K | 5x | as long as short |
| Binance CXMTUSDT | −0.3324% | 4h | 8.7100 | +0.173% | $4.4M | $8.6M | 20x | as long as short |
| Gate CXMT_USDT | −0.3320% | 1h | 8.6820 | −0.150% | $5.6M | $12.5M | 50x | as long as short |
| Lighter CXMT | −0.2760% | 1h | 8.7153 | +0.233% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1856% | 1h | 8.7300 | +0.403% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Binance CXMTUSDT
Gate CXMT_USDT
Lighter CXMT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1669% | 4h | 8.7057 | +0.123% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1460% | 8h | 8.6950 | 0.000% | $598K | $832K | 20x | as long as short |
| OKX CXMT-USDT-SWAPlong | −0.1449% | 8h | 8.6950 | long leg | $1.4M | $5.1M | 20x | |
| Aster CXMTUSDT | −0.1294% | 8h | 8.7550 | +0.690% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | −0.031% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7672 | +0.830% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT