CXMT Funding Rate — live across 3 venues

Compared across 3 supported venues · net of estimated fees · updated every few minutes

Live annualized CXMT perpetual funding across all 3 venues Perpia tracks. Right now CXMT funding is positive on 0 and negative on 3, ranging from -2734.0% on Sodex to -3341.3% on Hyperliquid — a spread of 607.4%. The widest delta-neutral trade is long trade.xyz / short Sodex at 432.3% net APR.

3
venues
0
paying positive
607.4%
funding spread
Best CXMT spread now
432.3%
net APR after fees
Long trade.xyzShort Sodex
size depends on live venue depth — see the real cap in the scanner

CXMT funding trend & liquidity

5h of history
439.9%
current gross APR
-403.1%
24h average
-469.8%
7-day average
$202K
pair OI · lower leg
$203K
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

CXMT funding rate by venue

2 pairs scanned
VenueFunding APRInterval
Sodex-2734.0%1h
trade.xyz-3173.9%1h
Hyperliquid-3341.3%1h

Rates annualized; updated ~every few minutes from live venue data.

Loading CXMT backtest…

CXMT funding — FAQ

Is CXMT funding positive right now?

CXMT perpetual funding is positive on 0 of 3 venues Perpia tracks and negative on 3. The highest is -2734.0% on Sodex; the lowest is -3341.3% on Hyperliquid.

What is the best CXMT funding arbitrage right now?

Go long trade.xyz and short Sodex for about 432.3% net APR after fees — the widest delta-neutral CXMT spread Perpia currently sees.

Which exchange has the highest CXMT funding rate?

Sodex, at -2734.0% annualized. Funding shifts continuously, so check the live table above before trading.

How CXMT funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.