← radar
CXMT — funding rate on OKX
OKX · CXMT-USDT-SWAP+0.169%per 8h · +0.021%/hshorts receive
last settlement-0.040%→upcoming payout+0.169%▲ heating up
3:58:08settlement
1calmheat
Price (mark)
8.24
+0.5% 24h
Vol 24h
$4.7M
Open interest
$1.3M
Price move in 2 min
—
avg 7d
0.000%/h
avg 30d
-0.004%/h
Price and skew
Liquidations
24h$2K
$1K longs$654 shorts
Longs were wiped — 64% of the total. Quiet over the last hour.
Entry economics
Position calculator
- Position size
- $2,500
- Funding per settlement (8h)
- $4.23 · $0.53/hour
- Net snipe per settlement
- $0.23 = 0.169% − 0.110% − 0.050%
- Break-even for entry
- rate covers the threshold 1.06×needs 0.160%+ per settlement
- Liquidation price
- 9.8468 (+19.50% from price)
- Risk at this leverage
- no volatility data
- Max “green” leverage
- —
Funding goes to whoever holds the position at the cut-off. MMR in the liquidation formula is +0.50%; verify the price on the exchange before trading.
Settlement window · facts (2)
before cut-off · 5m · the snipe window (2)
avg-0.84%
max-0.93%
after · 5m
avg+0.35% | -0.63%
max-0.63%
before cut-off · 15m
avg-0.68%
max-0.70%
after · 15m
avg+0.23% | -0.59%
max-0.59%
| Cut-off | Rate | Before | After |
|---|---|---|---|
| 10.09 08:00 | -0.640% | -0.67% | -0.59% |
| 21.08 08:00 | -0.751% | -0.70% | +0.23% |
Context and comparison
Funding history · 108 settlements
CXMT on 4 exchanges
| Exchange | Rate | Per hour | Receives | Snipe |
|---|---|---|---|---|
| Bybit | +0.343% / 8h | +0.043%/h | shorts | +0.183% |
| Binance | +0.166% / 4h | +0.041%/h | shorts | +0.006% |
| Bitget | +0.204% / 8h | +0.025%/h | shorts | +0.044% |
| OKX ← you are here | +0.169% / 8h | +0.021%/h | shorts | +0.009% |
Bybit+0.043%/h
shortsrate +0.343% / 8hsnipe +0.183%
Binance+0.041%/h
shortsrate +0.166% / 4hsnipe +0.006%
Bitget+0.025%/h
shortsrate +0.204% / 8hsnipe +0.044%
OKX← you are here+0.021%/h
shortsrate +0.169% / 8hsnipe +0.009%
Max spread across exchanges: +0.022%/h
CXMT across all exchanges: comparison & curves →Rates across exchangesPRO · open for now
4 exchanges on one timeline
Binanceevery 4hBybitevery 8hBitgetevery 8hOKXevery 8hrate corridor between exchanges
exchanges settle at different frequencies — an 8-hour step is bound to «lag» a 1-hour one, that's its grid, not a slower market
spread typically
0.0055%/h
widest spread
0.0153%/h
25.09 17:00 UTC · Binance ↔ OKX
the spread is the hedge's rate before fees: that's what an hour of the pair-trade yields
How to read this
- Snipe: enter short before the cut-off, exit after settlement. Funding goes to whoever holds the position at the cut-off. The net capture in the calculator is already net of fees and slippage — and it does not include price moving against you in the settlement window (see volatility above).
- Hedged: a short here + an opposite position of the same size on another exchange or spot — funding capture without price risk, but four legs of fees.
- Extreme funding is a crowd story: price often runs into the cut-off and reverses after. This is data for a decision, not a recommendation.