Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0130%/8h= −14.3% APRpaid last 24h +0.020%

Price spread now: edgeX against ApeX Omni+0.127%7-day average −0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$174as in the Funding arb table

Net, price: spread back to 7d avg − costs−$127as in the Price arb table

costs, in and out, $10k−$1501.501% of the position

Long on ApeX Omni Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.236%−$24 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.127%, 7d avg −0.102%

Together, before fees−0.305%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.229% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of −0.102%): +$23 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 5.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni CXMTUSDT	8.5500	0.0100	pay 0.0013% / 1h	51m 37s	$8K	$252K	50x
Short	edgeX CXMTUSDC	8.5609	−0.0030	pay 0.0015% / 4h	1h 51m	$459K	$266K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee edgeXbpOrdersPrice spread, now +0.127%Rate

Funding earned: −$27.33
Price spread: +0.127% → −0.102%: $22.93
Slippage, 4 orders: −$131.12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$154.53
Costs to cover: 1.501%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 58 min ago; edgeX: live order book, 60 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 ApeX Omni live order book, 58 min ago	35.17 bp	55.2 bp −$55	241.3 bp −$2,413	doesn't fit	doesn't fit
Sell edgeX live order book, 60 min ago	6.86 bp	18.2 bp −$18	213.4 bp −$2,134	doesn't fit	doesn't fit

CXMT on 16 exchanges

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
Bitget CXMTUSDT	−0.1755%	8h	8.5850	+0.409%	$663K	$1.1M	20x	as long as short
OKX CXMT-USDT-SWAP	−0.1705%	8h	8.5820	+0.374%	$1.1M	$5.9M	20x	as long as short
Aster CXMTUSDT	−0.1109%	8h	8.5535	+0.041%	$137K	$71K	20x	as long as short
Binance CXMTUSDT	−0.0406%	4h	8.5796	+0.346%	$4.0M	$10.3M	20x	as long as short
edgeX CXMTUSDCshort	−0.0030%	4h	8.5609	+0.127%	$459K	$266K	10x
Bybit CXMTUSDT	0.0000%	8h	8.5770	+0.316%	$919K	$1.6M	20x	as long as short
Gate CXMT_USDT	0.0000%	1h	8.5730	+0.269%	$5.2M	$14.3M	50x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5885	+0.450%	$84	$1.7M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6531	+1.206%	$32K	$39K	10x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5790	+0.339%	$2K	$114K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5446	−0.063%	$8K	$45K	10x	as long as short
ApeX Omni CXMTUSDTlong	+0.0100%	1h	8.5500	long leg	$8K	$252K	50x
Lighter CXMT	+0.0128%	1h	8.5795	+0.345%	$101K	$15K	5x	as long as short
Ondo Perps CXMT-USD.P	+0.0559%	1h	8.5715	+0.251%	$28K	$41K	10x	as long as short
SoDEX CXMT-USD	+0.0611%	1h	8.5720	+0.257%	$228K	$12K	5x	as long as short
tradeXYZ xyz:CXMT	+0.1322%	1h	8.5732	+0.271%	$55.9M	$10.0M	10x	as long as short