Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h −0.106%
Price spread now: Gate against ApeX Omni+0.211%66s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1761.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.211%, 7d avg +0.020%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Gate is 0.191% dearer against ApeX Omni than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CXMTUSDT8.55000.0100pay 0.0013% / 1h28m 26s$8K$249K50x
ShortGate CXMT_USDT8.56800.0136get 0.0017% / 1h28m 26s$4.9M$13.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$7.56
Price spread: +0.211% → +0.020%
$19.1
Slippage, 4 orders
−$150.86
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$149.2
Costs to cover
1.759%
Break-even
145.1 days
Slippage from ApeX Omni: live order book, 53 min ago; Gate: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 53 min ago40.91 bp74.4 bp −$74256.0 bp −$2,560doesn't fitdoesn't fit
Sell Gate live order book, 5 min ago3.51 bp13.0 bp −$1326.1 bp −$261doesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CXMTUSDC−0.0069%4h8.5542+0.049%$433K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5783+0.331%$166K$69K20xas long as short
Binance CXMTUSDT0.0000%4h8.5758+0.302%$4.0M$8.9M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5680+0.211%$970K$702K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5720+0.257%$1.1M$5.6M20xas long as short
Bitget CXMTUSDT0.0000%8h8.5700+0.234%$535K$879K20xas long as short
SunX CXMT-USDT0.0000%4h8.5478−0.026%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6405+1.058%$31K$38K10xas long as short
Lighter CXMT+0.0032%1h8.5721+0.258%$101K$29K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.5750+0.292%$5K$111K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CXMT-USD+0.0050%1h8.5635+0.158%$8K$48K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5609+0.127%$228K$9K5xas long as short
ApeX Omni CXMTUSDTlong+0.0100%1h8.5500long leg$8K$249K50x
Gate CXMT_USDTshort+0.0136%1h8.5680+0.211%$4.9M$13.7M50x
Ondo Perps CXMT-USD.P+0.0219%1h8.5681+0.212%$23K$50K10xas long as short
tradeXYZ xyz:CXMT+0.0369%1h8.5637+0.160%$55.1M$8.3M10xas long as short