Funding you earn now, next payment 08:00 UTC+0.3250%/8h= +355.9% APRpaid last 24h +0.056%
Price spread now: SoDEX against OKX−0.128%7-day average −0.081% · 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−$82as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 3 days (all we have)−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.128%, 7d avg −0.081%
=Funding pays, the price is against you. SoDEX is 0.047% cheaper against OKX than usual: you would sell low and buy high (spread −0.128% now, against its 7-day average of −0.081%). If the spread goes back, that is −$5 on $10k: about 1 hour of funding at the current rate (+$98 a day). Mind the row above: over the last 3 days funding on this pair cost −0.162%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.162% in total (about -17.0% 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 | OKX CXMT-USDT-SWAP | 8.6080 | −0.3868 | get 0.3868% / 8h | 33m 11s | $1.3M | $5.7M | 20x |
| Short | SoDEX CXMT-USD | 8.5970 | −0.0617 | pay 0.0077% / 1h | 33m 11s | $229K | $9K | 5x |
OKX CXMT-USDT-SWAP
SoDEX CXMT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against OKX. 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
- $682.58
- Price spread: −0.128% → −0.081%
- −$4.67
- Slippage, 4 orders
- −$59.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $600.74
- Costs to cover
- 0.772%
- Break-even
- 0.8 days
Slippage from OKX: live order book, 5 min ago; SoDEX: live order book, 5 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 OKX live order book, 5 min ago | 0.58 bp | 8.9 bp −$9 | 75.8 bp −$758 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 5 min ago | 1.51 bp | 28.9 bp −$29 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX CXMT-USDT-SWAPlong | −0.3868% | 8h | 8.6080 | long leg | $1.3M | $5.7M | 20x | |
| Binance CXMTUSDT | −0.3723% | 4h | 8.6042 | −0.044% | $4.2M | $9.6M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3566% | 8h | 8.6110 | +0.035% | $648K | $958K | 20x | as long as short |
| Bybit CXMTUSDT | −0.3531% | 8h | 8.6050 | −0.035% | $1.1M | $1.2M | 20x | as long as short |
| Aster CXMTUSDT | −0.2977% | 8h | 8.5936 | −0.168% | $138K | $70K | 20x | as long as short |
| Gate CXMT_USDT | −0.2920% | 1h | 8.5780 | −0.349% | $5.6M | $13.5M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2031% | 1h | 8.5802 | −0.323% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.1801% | 1h | 8.5882 | −0.230% | $56.0M | $9.9M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1454% | 1h | 8.5603 | −0.554% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.0617% | 1h | 8.5970 | −0.128% | $229K | $9K | 5x |
Binance CXMTUSDT
Bitget CXMTUSDT
Bybit CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0383% | 4h | 8.6081 | +0.001% | $84 | $2.3M | 10x | as long as short |
| Lighter CXMT | −0.0072% | 1h | 8.5996 | −0.098% | $101K | $18K | 5x | as long as short |
| edgeX CXMTUSDC | −0.0025% | 4h | 8.5825 | −0.296% | $460K | $267K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6638 | +0.648% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6050 | −0.035% | $2K | $115K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6100 | +0.023% | $8K | $252K | 50x | as long as short |
SunX CXMT-USDT
Lighter CXMT
edgeX CXMTUSDC
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT