Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.110%
Price spread now: Binance against SoDEX+0.121%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$860.859% of the position
Funding, last 3 days (all we have)−0.200%−$20 on $10k
+Price spread, last 2 days (all we have)+0.140%+$14 · spread now +0.121%, 7d avg +0.155%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.034% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.155%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CXMT-USD | 8.5866 | 0.0050 | pay 0.0006% / 1h | 21m 49s | $228K | $9K | 5x |
| Short | Binance CXMTUSDT | 8.5970 | 0 | get 0.0000% / 4h | 3h 21m | $4.0M | $8.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- −$10.5
- Price spread: +0.121% → +0.155%
- −$3.37
- Slippage, 4 orders
- −$67.86
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$99.73
- Costs to cover
- 0.859%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 52 min ago; Binance: live order book, 3 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 SoDEX live order book, 52 min ago | 1.98 bp | 28.9 bp −$29 | 1530.3 bp −$15.3K | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.75 bp | 15.2 bp −$15 | 48.1 bp −$481 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | −0.0099% | 1h | 8.5783 | −0.097% | $8K | $46K | 10x | as long as short |
| edgeX CXMTUSDC | −0.0002% | 4h | 8.5889 | +0.027% | $434K | $240K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6085 | +0.255% | $167K | $72K | 20x | as long as short |
| Binance CXMTUSDTshort | 0.0000% | 4h | 8.5970 | +0.121% | $4.0M | $8.7M | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5940 | +0.086% | $965K | $654K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5950 | +0.098% | $1.2M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5920 | +0.063% | $581K | $890K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6041 | +0.204% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6467 | +0.700% | $31K | $37K | 10x | as long as short |
| Lighter CXMT | +0.0032% | 1h | 8.5976 | +0.128% | $102K | $24K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5950 | +0.098% | $5K | $111K | 20x | as long as short |
| Gate CXMT_USDT | +0.0048% | 1h | 8.5890 | +0.028% | $4.8M | $12.6M | 50x | as long as short |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5859 | −0.008% | $55.2M | $8.2M | 10x | as long as short |
| SoDEX CXMT-USDlong | +0.0050% | 1h | 8.5866 | long leg | $228K | $9K | 5x | |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5866 | 0.000% | $23K | $50K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.156% | $8K | $250K | 50x | as long as short |
SoDEX CXMT-USD
Binance CXMTUSDT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Gate CXMT_USDT
tradeXYZ xyz:CXMT
ApeX Omni CXMTUSDT