Funding you earn now, next payment 07:00 UTC−0.2195%/8h= −240.3% APRpaid last 24h −0.107%
Price spread now: Binance against tradeXYZ+0.043%7-day average +0.179% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$550.552% of the position
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days+0.039%+$4 · spread now +0.043%, 7d avg +0.179%
=Together, before fees−0.154%+ Points / potential airdroptradeXYZ: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$66 a day on $10k at the current rate, and Binance is 0.135% cheaper against tradeXYZ than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.179%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.193% in total (about -10.1% 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 | tradeXYZ xyz:CXMT | 8.5763 | −0.2356 | get 0.0294% / 1h | 38m 13s | $55.9M | $9.8M | 10x |
| Short | Binance CXMTUSDT | 8.5800 | −0.4551 | pay 0.2275% / 4h | 1h 38m | $4.2M | $9.3M | 20x |
tradeXYZ xyz:CXMT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$460.86
- Price spread: +0.043% → +0.179%
- −$13.54
- Slippage, 4 orders
- −$27.15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$529.56
- Costs to cover
- 0.552%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Binance: live order book, 1 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, 11 min ago | 1.80 bp | 14.9 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.75 bp | 12.6 bp −$13 | 43.1 bp −$431 | 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 CXMTUSDTshort | −0.4551% | 4h | 8.5800 | +0.043% | $4.2M | $9.3M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4095% | 8h | 8.5820 | +0.066% | $1.3M | $5.5M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4061% | 8h | 8.5800 | +0.043% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3616% | 8h | 8.5800 | +0.043% | $620K | $851K | 20x | as long as short |
| Aster CXMTUSDT | −0.3080% | 8h | 8.6090 | +0.381% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2704% | 1h | 8.5630 | −0.155% | $5.7M | $13.4M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2528% | 1h | 8.5820 | +0.066% | $2K | $116K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2521% | 1h | 8.5901 | +0.161% | $8K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.2356% | 1h | 8.5763 | long leg | $55.9M | $9.8M | 10x | |
| Ondo Perps CXMT-USD.P | −0.1850% | 1h | 8.5428 | −0.391% | $29K | $33K | 10x | as long as short |
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1485% | 1h | 8.5774 | +0.013% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.1147% | 4h | 8.5850 | +0.101% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMT | −0.0608% | 1h | 8.5880 | +0.136% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0010% | 4h | 8.5750 | −0.015% | $435K | $243K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6504 | +0.864% | $32K | $39K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0023% | 1h | 8.6100 | +0.393% | $8K | $251K | 50x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
ApeX Omni CXMTUSDT