Funding you earn now, next payment 03:00 UTC+0.1102%/8h= +120.7% APRnext payment +$1.38 per $10,000 · paid last 24h +0.044%
Price spread now: SoDEX against tradeXYZ+0.008%7-day average +0.015% · 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−$90as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.008%, 7d avg +0.015%
=Together, before fees+0.084%+ Points / potential airdroptradeXYZ: Active · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.015%, so right now this pair is about funding alone: +$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.38 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 | 8.6888 | −0.4570 | get 0.0571% / 1h | 1m 00s | $56.4M | $8.4M | 10x |
| Short | SoDEX CXMT-USD | 8.6895 | −0.3468 | pay 0.0433% / 1h | 1m 00s | $231K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $231.45
- Price spread: +0.008% → +0.015%
- −$0.71
- Slippage, 4 orders
- −$62.99
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $141.75
- Costs to cover
- 0.890%
- Break-even
- 2.7 days
Slippage from tradeXYZ: live order book, 9 min ago; SoDEX: live order book, 62 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 tradeXYZ live order book, 9 min ago | 4.42 bp | 14.0 bp −$14 | 18.1 bp −$181 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 62 min ago | 2.74 bp | 29.2 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.6648% | 1h | 8.7000 | +0.129% | $1K | $115K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4711% | 1h | 8.7205 | +0.365% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMTlong | −0.4570% | 1h | 8.6888 | long leg | $56.4M | $8.4M | 10x | |
| Bybit CXMTUSDT | −0.4098% | 8h | 8.6880 | −0.009% | $977K | $740K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3779% | 1h | 8.6564 | −0.373% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USDshort | −0.3468% | 1h | 8.6895 | +0.008% | $231K | $9K | 5x | |
| Gate CXMT_USDT | −0.3328% | 1h | 8.6800 | −0.101% | $5.6M | $12.5M | 50x | as long as short |
| Binance CXMTUSDT | −0.3305% | 4h | 8.7020 | +0.152% | $4.4M | $8.6M | 20x | as long as short |
| Lighter CXMT | −0.2768% | 1h | 8.7131 | +0.280% | $102K | $21K | 5x | as long as short |
| ApeX Omni CXMTUSDT | −0.1856% | 1h | 8.7300 | +0.474% | $8K | $250K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1669% | 4h | 8.7057 | +0.195% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.1438% | 8h | 8.6950 | +0.071% | $598K | $832K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.1425% | 8h | 8.6920 | +0.037% | $1.4M | $5.1M | 20x | as long as short |
| Aster CXMTUSDT | −0.1270% | 8h | 8.7550 | +0.762% | $145K | $104K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0040% | 4h | 8.6923 | +0.041% | $440K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.7672 | +0.902% | $32K | $37K | 10x | as long as short |
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
Bybit CXMTUSDT
Gate CXMT_USDT
Binance CXMTUSDT
Lighter CXMT
ApeX Omni CXMTUSDT
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT