Funding you earn now, next payment 08:00 UTC−0.0431%/8h= −47.1% APRnext payment −$4.31 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against Aster−0.173%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$820.815% of the position
Funding, last 7 days+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.126%+$13 · spread now −0.173%, 7d avg −0.050%
=Together, before fees+0.230%+ Points / potential airdropAster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.123% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.104%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.104% in total (about 5.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.31 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 | Aster CXMTUSDT | 8.6860 | −0.1997 | get 0.1997% / 8h | 4h 13m | $139K | $100K | 20x |
| Short | OKX CXMT-USDT-SWAP | 8.6710 | −0.2428 | pay 0.2428% / 8h | 4h 13m | $1.5M | $5.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Aster. 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
- −$90.41
- Price spread: −0.173% → −0.050%
- −$12.27
- Slippage, 4 orders
- −$63.53
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$184.22
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from Aster: live order book, 42 min ago; OKX: live order book, 4 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 Aster live order book, 42 min ago | 17.24 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.88 bp | 13.6 bp −$14 | 92.6 bp −$926 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CXMTUSDT | −0.4591% | 8h | 8.6670 | −0.219% | $1.0M | $1.0M | 20x | as long as short |
| Binance CXMTUSDT | −0.4310% | 4h | 8.6860 | 0.000% | $4.5M | $8.8M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3803% | 1h | 8.6728 | −0.152% | $8K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.3620% | 1h | 8.6650 | −0.242% | $56.4M | $8.9M | 10x | as long as short |
| Popdex CXMTUSDT | −0.3216% | 1h | 8.6850 | −0.012% | $1K | $115K | 20x | as long as short |
| Gate CXMT_USDT | −0.2880% | 1h | 8.6600 | −0.299% | $5.9M | $13.0M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2570% | 1h | 8.6498 | −0.417% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.2514% | 1h | 8.6670 | −0.219% | $230K | $9K | 5x | as long as short |
| OKX CXMT-USDT-SWAPshort | −0.2428% | 8h | 8.6710 | −0.173% | $1.5M | $5.2M | 20x | |
| Bitget CXMTUSDT | −0.2310% | 8h | 8.6700 | −0.184% | $595K | $832K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDTlong | −0.1997% | 8h | 8.6860 | long leg | $139K | $100K | 20x | |
| Lighter CXMT | −0.1448% | 1h | 8.6803 | −0.066% | $102K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1423% | 4h | 8.6920 | +0.069% | $85 | $2.4M | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.1202% | 1h | 8.6900 | +0.046% | $8K | $250K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0051% | 4h | 8.6653 | −0.238% | $438K | $242K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7640 | +0.898% | $32K | $37K | 10x | as long as short |
Aster CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Binance CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
Gate CXMT_USDT
SoDEX CXMT-USD
Bitget CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT