Funding you earn now, next payment 03:00 UTC+0.2897%/8h= +317.2% APRpaid last 24h +0.114%
Price spread now: SunX against tradeXYZ+0.715%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.420%−$42 · spread now +0.715%, 7d avg +0.199%
=Together, before fees−0.248%+ Points / potential airdroptradeXYZ: Active · farm board−$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$87 a day on $10k at the current rate, and SunX is 0.516% dearer against tradeXYZ than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.199%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% 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 | 8.6955 | −0.4562 | get 0.0570% / 1h | 0m 16s | $56.5M | $8.5M | 10x |
| Short | SunX CXMT-USDT | 8.7577 | −0.1665 | pay 0.0833% / 4h | 1h 00m | $86 | $2.4M | 10x |
tradeXYZ xyz:CXMT
SunX CXMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $608.32
- Price spread: +0.715% → +0.199%
- $51.63
- Slippage, 4 orders
- −$72.94
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $561.01
- Costs to cover
- 0.989%
- Break-even
- 0.5 days
Slippage from tradeXYZ: live order book, 9 min ago; SunX: live order book, 6 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, 9 min ago | 4.42 bp | 14.0 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 23.88 bp | 41.9 bp −$42 | 71.5 bp −$715 | 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 | +0.132% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4700% | 1h | 8.7300 | +0.397% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4562% | 1h | 8.6955 | long leg | $56.5M | $8.5M | 10x | |
| Bybit CXMTUSDT | −0.4119% | 8h | 8.6990 | +0.040% | $979K | $740K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3766% | 1h | 8.6564 | −0.450% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3456% | 1h | 8.6905 | −0.058% | $231K | $9K | 5x | as long as short |
| Binance CXMTUSDT | −0.3324% | 4h | 8.7125 | +0.196% | $4.5M | $8.6M | 20x | as long as short |
| Gate CXMT_USDT | −0.3320% | 1h | 8.6830 | −0.144% | $5.6M | $12.5M | 50x | as long as short |
| Lighter CXMT | −0.2760% | 1h | 8.7276 | +0.369% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1856% | 1h | 8.7300 | +0.397% | $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-USDTshort | −0.1665% | 4h | 8.7577 | +0.715% | $86 | $2.4M | 10x | |
| Bitget CXMTUSDT | −0.1460% | 8h | 8.6990 | +0.040% | $599K | $832K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1449% | 8h | 8.6910 | −0.052% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1294% | 8h | 8.7550 | +0.684% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | −0.036% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7664 | +0.815% | $32K | $37K | 10x | as long as short |
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT