Funding you earn now, next payment 05:00 UTC+0.1359%/8h= +148.8% APRnext payment +$1.70 per $10,000 · paid last 24h −0.058%
Price spread now: Popdex against SoDEX+0.098%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$810.808% of the position
Funding, last 3 days (all we have)−0.131%−$13 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.098%, 7d avg +0.127%
=Funding pays, the price is against you. Popdex is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (spread +0.098% now, against its 7-day average of +0.127%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$41 a day). Mind the row above: over the last 3 days funding on this pair cost −0.131%, 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 -0.131% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.70 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 | SoDEX CXMT-USD | 8.6295 | −0.1599 | get 0.0200% / 1h | 39m 55s | $229K | $9K | 5x |
| Short | Popdex CXMTUSDT | 8.6380 | −0.0240 | pay 0.0030% / 1h | 39m 55s | $1K | $115K | 20x |
SoDEX CXMT-USD
Popdex CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against SoDEX. 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
- $285.41
- Price spread: +0.098% → +0.127%
- −$2.88
- Slippage, 4 orders
- −$66.39
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- $201.74
- Costs to cover
- 0.808%
- Break-even
- 2.1 days
Slippage from SoDEX: live order book, 14 min ago; Popdex: live order book, 14 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 SoDEX live order book, 14 min ago | 1.56 bp | 27.0 bp −$27 | 1456.9 bp −$14.6K | doesn't fit | doesn't fit |
| Sell Popdex live order book, 14 min ago | 2.31 bp | 11.3 bp −$11 | 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 CXMTUSDT | −0.4467% | 4h | 8.6390 | +0.110% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4321% | 8h | 8.6330 | +0.041% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3460% | 1h | 8.6384 | +0.103% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2793% | 8h | 8.6340 | +0.052% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2530% | 1h | 8.6244 | −0.059% | $56.3M | $9.1M | 10x | as long as short |
| Bitget CXMTUSDT | −0.2493% | 8h | 8.6330 | +0.041% | $602K | $823K | 20x | as long as short |
| Gate CXMT_USDT | −0.2416% | 1h | 8.6240 | −0.064% | $5.8M | $13.2M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2409% | 1h | 8.6262 | −0.038% | $10K | $47K | 10x | as long as short |
| Aster CXMTUSDT | −0.2052% | 8h | 8.6657 | +0.419% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USDlong | −0.1599% | 1h | 8.6295 | long leg | $229K | $9K | 5x |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Aster CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMT | −0.1072% | 1h | 8.6353 | +0.067% | $102K | $18K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.0448% | 1h | 8.6700 | +0.469% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDTshort | −0.0240% | 1h | 8.6380 | +0.098% | $1K | $115K | 20x | |
| edgeX CXMTUSDC | −0.0014% | 4h | 8.6263 | −0.037% | $436K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6421 | +0.146% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6981 | +0.795% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT