Funding you earn now, next payment 02:00 UTC+0.0642%/8h= +70.3% APRpaid last 24h +0.065%
Price spread now: tradeXYZ against Binance−0.151%7-day average −0.168% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$480.482% of the position
Funding, last 7 days+0.168%+$17 on $10k
+Price spread, last 2 days (all we have)−0.106%−$11 · spread now −0.151%, 7d avg −0.168%
=Together, before fees+0.062%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.168%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.7% 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 | 8.6142 | 0.0030 | pay 0.0015% / 4h | 2h 59m | $4.1M | $8.6M | 20x |
| Short | tradeXYZ xyz:CXMT | 8.6012 | 0.0672 | get 0.0084% / 1h | 59m 26s | $55.3M | $8.0M | 10x |
Binance CXMTUSDT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $134.9
- Price spread: −0.151% → −0.168%
- $1.71
- Slippage, 4 orders
- −$20.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $88.36
- Costs to cover
- 0.482%
- Break-even
- 2.4 days
Slippage from Binance: live order book, 10 min ago; tradeXYZ: live order book, 10 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, 10 min ago | 1.74 bp | 11.7 bp −$12 | 48.7 bp −$487 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.40 bp | 13.4 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0092% | 4h | 8.6002 | −0.162% | $435K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6303 | +0.187% | $167K | $72K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.6050 | −0.107% | $969K | $636K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6110 | −0.037% | $1.2M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.6070 | −0.084% | $625K | $939K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6215 | +0.085% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6733 | +0.686% | $31K | $37K | 10x | as long as short |
| Binance CXMTUSDTlong | +0.0030% | 4h | 8.6142 | long leg | $4.1M | $8.6M | 20x | |
| Lighter CXMT | +0.0032% | 1h | 8.6141 | −0.001% | $101K | $21K | 5x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6130 | −0.014% | $5K | $111K | 20x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5930 | −0.246% | $8K | $44K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5997 | −0.168% | $229K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.281% | $8K | $250K | 50x | as long as short |
| Gate CXMT_USDT | +0.0368% | 1h | 8.6050 | −0.107% | $4.8M | $9.6M | 50x | as long as short |
| tradeXYZ xyz:CXMTshort | +0.0672% | 1h | 8.6012 | −0.151% | $55.3M | $8.0M | 10x | |
| Ondo Perps CXMT-USD.P | +0.0971% | 1h | 8.6035 | −0.124% | $23K | $49K | 10x | as long as short |
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Gate CXMT_USDT
Ondo Perps CXMT-USD.P