Funding you earn now, next payment 03:00 UTC−0.2225%/8h= −243.7% APRnext payment −$2.78 per $10,000 · paid last 24h +0.021%
Price spread now: Popdex against tradeXYZ+0.056%48s7-day average +0.143% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.056%, 7d avg +0.143%
=Together, before fees−0.014%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$67 a day on $10k at the current rate, and Popdex is 0.087% cheaper against tradeXYZ than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.143%). Swap the legs. The two prices were read 48 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 4 days it paid -0.072% in total (about -7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.78 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 | tradeXYZ xyz:CXMT | 8.7241 | −0.4615 | get 0.0577% / 1h | 21m 45s | $56.6M | $7.2M | 10x |
| Short | Popdex CXMTUSDT | 8.7290 | −0.6840 | pay 0.0855% / 1h | 21m 45s | $1K | $115K | 20x |
tradeXYZ xyz:CXMT
Popdex CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against tradeXYZ. 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
- −$467.32
- Price spread: +0.056% → +0.143%
- −$8.72
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$500.44
- Costs to cover
- 0.244%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 7 min ago; Popdex: live order book, 42 min ago. Net counts fees only.
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 tradeXYZ live order book, 7 min ago | 1.86 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Popdex live order book, 42 min ago | 2.33 bp | 14.6 bp −$15 | 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 CXMTUSDTshort | −0.6840% | 1h | 8.7290 | +0.056% | $1K | $115K | 20x | |
| Polymarket Perps CXMT-USD | −0.4714% | 1h | 8.8428 | +1.361% | $8K | $47K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4615% | 1h | 8.7241 | long leg | $56.6M | $7.2M | 10x | |
| Ondo Perps CXMT-USD.P | −0.3931% | 1h | 8.5985 | −1.440% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3449% | 1h | 8.7077 | −0.188% | $232K | $9K | 5x | as long as short |
| Bybit CXMTUSDT | −0.3310% | 8h | 8.7260 | +0.022% | $971K | $603K | 20x | as long as short |
| Gate CXMT_USDT | −0.3160% | 1h | 8.7140 | −0.116% | $5.6M | $11.5M | 50x | as long as short |
| Lighter CXMT | −0.2912% | 1h | 8.7737 | +0.569% | $103K | $21K | 5x | as long as short |
| Binance CXMTUSDT | −0.2243% | 4h | 8.7330 | +0.102% | $4.3M | $8.0M | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1612% | 1h | 8.6800 | −0.505% | $8K | $250K | 50x | as long as short |
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Bybit CXMTUSDT
Gate CXMT_USDT
Lighter CXMT
Binance CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1196% | 4h | 8.7305 | +0.073% | $86 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.0840% | 8h | 8.7400 | +0.182% | $610K | $812K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0789% | 8h | 8.7300 | +0.068% | $1.3M | $4.8M | 20x | as long as short |
| Aster CXMTUSDT | −0.0646% | 8h | 8.7423 | +0.209% | $158K | $83K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0021% | 4h | 8.6339 | −1.034% | $437K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7742 | +0.574% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT