Funding you earn now, next payment 06:00 UTC−0.0920%/8h= −100.8% APRpaid last 24h −0.020%
Price spread now: tradeXYZ against Aster−0.035%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$840.845% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.035%, 7d avg −0.156%
=Together, before fees−0.108%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.121% dearer against Aster than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.156%): +$12 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.011% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.5% 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 | Aster CXMTUSDT | 8.6173 | −0.2857 | get 0.2857% / 8h | 2h 08m | $138K | $105K | 20x |
| Short | tradeXYZ xyz:CXMT | 8.6143 | −0.3777 | pay 0.0472% / 1h | 8m 26s | $56.3M | $9.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$193.23
- Price spread: −0.035% → −0.156%
- $12.12
- Slippage, 4 orders
- −$58.46
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$265.56
- Costs to cover
- 0.845%
- Break-even
- never at this rate
Slippage from Aster: live order book, 38 min ago; tradeXYZ: live order book, 11 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, 38 min ago | 8.69 bp | 33.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 1.28 bp | 13.1 bp −$13 | doesn't fit | 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 | −0.5600% | 1h | 8.6230 | +0.066% | $2K | $116K | 20x | as long as short |
| Binance CXMTUSDT | −0.4884% | 4h | 8.6230 | +0.066% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4227% | 8h | 8.6270 | +0.113% | $1.1M | $1.1M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3931% | 8h | 8.6170 | −0.003% | $1.3M | $5.3M | 20x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.3777% | 1h | 8.6143 | −0.035% | $56.3M | $9.4M | 10x | |
| Polymarket Perps CXMT-USD | −0.3559% | 1h | 8.6371 | +0.230% | $8K | $51K | 10x | as long as short |
| Bitget CXMTUSDT | −0.3492% | 8h | 8.6210 | +0.043% | $610K | $847K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3313% | 1h | 8.6250 | +0.089% | $29K | $33K | 10x | as long as short |
| Gate CXMT_USDT | −0.3304% | 1h | 8.6100 | −0.085% | $5.7M | $14.0M | 50x | as long as short |
| SoDEX CXMT-USD | −0.2965% | 1h | 8.6208 | +0.041% | $229K | $9K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDTlong | −0.2857% | 8h | 8.6173 | long leg | $138K | $105K | 20x | |
| ApeX Omni CXMTUSDT | −0.2577% | 1h | 8.6600 | +0.496% | $8K | $251K | 50x | as long as short |
| Lighter CXMT | −0.2200% | 1h | 8.6308 | +0.157% | $101K | $18K | 5x | as long as short |
| SunX CXMT-USDT | −0.1672% | 4h | 8.6300 | +0.147% | $85 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0045% | 4h | 8.6297 | +0.144% | $437K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6991 | +0.949% | $32K | $38K | 10x | as long as short |
Aster CXMTUSDT
tradeXYZ xyz:CXMT
Popdex CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
Gate CXMT_USDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Lighter CXMT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT