Funding you earn now, next payment 03:00 UTC+0.2300%/8h= +251.9% APRnext payment +$2.88 per $10,000 · paid last 24h +0.133%
Price spread now: ApeX Omni against tradeXYZ+0.434%105s7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as 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−$1401.395% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.434%, 7d avg +0.080%
=Together, before fees−0.051%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$69 a day on $10k at the current rate, and ApeX Omni is 0.353% dearer against tradeXYZ than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.080%. The two prices were read 105 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 0.362% in total (about 18.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.88 per $10,000. 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 | tradeXYZ xyz:CXMT | 8.6923 | −0.4156 | get 0.0520% / 1h | 59m 39s | $56.5M | $8.5M | 10x |
| Short | ApeX Omni CXMTUSDT | 8.7300 | −0.1856 | pay 0.0232% / 1h | 59m 39s | $8K | $250K | 50x |
tradeXYZ xyz:CXMT
ApeX Omni CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against tradeXYZ. 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
- $483.07
- Price spread: +0.434% → +0.080%
- $35.34
- Slippage, 4 orders
- −$111.53
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $378.88
- Costs to cover
- 1.395%
- Break-even
- 1.5 days
Slippage from tradeXYZ: live order book, 10 min ago; ApeX Omni: live order book, 62 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 tradeXYZ live order book, 10 min ago | 4.42 bp | 14.0 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 62 min ago | 35.01 bp | 56.0 bp −$56 | 225.4 bp −$2,254 | 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 | +0.169% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4700% | 1h | 8.7300 | +0.434% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4156% | 1h | 8.6923 | long leg | $56.5M | $8.5M | 10x | |
| Bybit CXMTUSDT | −0.4142% | 8h | 8.6940 | +0.020% | $978K | $741K | 20x | as long as short |
| SoDEX CXMT-USD | −0.3456% | 1h | 8.6905 | −0.021% | $231K | $9K | 5x | as long as short |
| Binance CXMTUSDT | −0.3357% | 4h | 8.7010 | +0.100% | $4.4M | $8.6M | 20x | as long as short |
| Gate CXMT_USDT | −0.3336% | 1h | 8.6830 | −0.107% | $5.6M | $11.9M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3190% | 1h | 8.6564 | −0.413% | $29K | $33K | 10x | as long as short |
| Lighter CXMT | −0.2752% | 1h | 8.7190 | +0.307% | $102K | $15K | 5x | as long as short |
| ApeX Omni CXMTUSDTshort | −0.1856% | 1h | 8.7300 | +0.434% | $8K | $250K | 50x |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Bybit CXMTUSDT
SoDEX CXMT-USD
Binance CXMTUSDT
Gate CXMT_USDT
Ondo Perps CXMT-USD.P
Lighter CXMTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1665% | 4h | 8.7577 | +0.752% | $86 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1485% | 8h | 8.6950 | +0.031% | $598K | $835K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1449% | 8h | 8.6930 | +0.008% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1320% | 8h | 8.7550 | +0.721% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | 0.000% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7664 | +0.852% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT