Funding you earn now, next payment 05:00 UTC+0.3154%/8h= +345.4% APRpaid last 24h +0.173%
Price spread now: SoDEX against Binance−0.070%45s7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.857% of the position
Funding, last 3 days (all we have)+0.335%+$34 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now −0.070%, 7d avg −0.164%
=Both sides work for this trade now. Funding pays +$95 a day on $10k at the current rate, and SoDEX is 0.094% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.164%. The two prices were read 45 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 3 days it paid 0.335% in total (about 36.4% 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 | Binance CXMTUSDT | 8.6190 | −0.4235 | get 0.2118% / 4h | 3h 13m | $4.4M | $8.9M | 20x |
| Short | SoDEX CXMT-USD | 8.6130 | −0.1081 | pay 0.0135% / 1h | 13m 33s | $229K | $9K | 5x |
Binance CXMTUSDT
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Binance. 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
- $662.43
- Price spread: −0.070% → −0.164%
- $9.43
- Slippage, 4 orders
- −$67.68
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $586.18
- Costs to cover
- 0.857%
- Break-even
- 0.8 days
Slippage from Binance: live order book, 11 min ago; SoDEX: live order book, 40 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 Binance live order book, 11 min ago | 1.74 bp | 15.8 bp −$16 | 58.9 bp −$589 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 40 min ago | 1.56 bp | 28.3 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDTlong | −0.4235% | 4h | 8.6190 | long leg | $4.4M | $8.9M | 20x | |
| Bybit CXMTUSDT | −0.3901% | 8h | 8.6190 | 0.000% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3176% | 1h | 8.5809 | −0.442% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2901% | 8h | 8.6170 | −0.023% | $1.4M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDT | −0.2523% | 8h | 8.6180 | −0.012% | $601K | $827K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2069% | 1h | 8.6069 | −0.140% | $56.2M | $9.1M | 10x | as long as short |
| Gate CXMT_USDT | −0.2040% | 1h | 8.6150 | −0.046% | $5.9M | $13.5M | 50x | as long as short |
| Aster CXMTUSDT | −0.1909% | 8h | 8.6424 | +0.271% | $139K | $100K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.1653% | 1h | 8.6130 | −0.070% | $10K | $47K | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.1081% | 1h | 8.6130 | −0.070% | $229K | $9K | 5x |
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
tradeXYZ xyz:CXMT
Gate CXMT_USDT
Aster CXMTUSDT
Polymarket Perps CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.0616% | 1h | 8.6163 | −0.031% | $101K | $18K | 5x | as long as short |
| Popdex CXMTUSDT | −0.0032% | 1h | 8.6180 | −0.012% | $2K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0027% | 4h | 8.6116 | −0.086% | $436K | $243K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6211 | +0.024% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6616 | +0.494% | $32K | $37K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0090% | 1h | 8.6100 | −0.104% | $8K | $251K | 50x | as long as short |
Lighter CXMT
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT
ApeX Omni CXMTUSDT