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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.2800%/8h= −306.6% APRpaid last 24h +0.040%
Price spread now: Gate against Aster−0.198%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1191.193% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.485%+$48 on $10k
Price spread, last 4 days (all we have)+0.160%+$16 · spread now −0.198%, 7d avg −0.038%
Together, before fees+0.645%+ Points / potential airdropAster: Stage 5 · farm board+$64 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$84 a day on $10k at the current rate, and Gate is 0.160% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.485%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.485% in total (about 25.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CXMTUSDT8.5960−0.0128get 0.0128% / 8h5h 41m$157K$77K20x
ShortGate CXMT_USDT8.5790−0.2928pay 0.0366% / 1h41m 32s$5.1M$10.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
−$588.04
Price spread: −0.198% → −0.038%
−$16
Slippage, 4 orders
−$96.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$723.31
Costs to cover
1.193%
Break-even
never at this rate
Slippage from Aster: live order book, 20 min ago; Gate: live order book, 2 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 Aster live order book, 20 min ago19.82 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago2.92 bp15.5 bp −$1528.3 bp −$283doesn'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
Popdex CXMTUSDT−0.7816%1h8.6010+0.058%$5K$111K20xas long as short
Polymarket Perps CXMT-USD−0.5387%1h8.6064+0.121%$8K$47K10xas long as short
tradeXYZ xyz:CXMT−0.5115%1h8.5841−0.138%$55.6M$7.3M10xas long as short
Ondo Perps CXMT-USD.P−0.4417%1h8.5605−0.413%$29K$33K10xas long as short
SoDEX CXMT-USD−0.4024%1h8.5841−0.138%$228K$9K5xas long as short
Lighter CXMT−0.3680%1h8.6046+0.100%$101K$21K5xas long as short
Gate CXMT_USDTshort−0.2928%1h8.5790−0.198%$5.1M$10.7M50x
Bybit CXMTUSDT−0.2420%8h8.6060+0.116%$961K$595K20xas long as short
Binance CXMTUSDT−0.1188%4h8.6046+0.099%$4.2M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.0679%1h8.6000+0.047%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.0631%4h8.5941−0.022%$84$2.4M10xas long as short
Bitget CXMTUSDT−0.0263%8h8.5900−0.070%$620K$841K20xas long as short
OKX CXMT-USDT-SWAP−0.0204%8h8.6000+0.047%$1.3M$4.6M20xas long as short
Aster CXMTUSDTlong−0.0128%8h8.5960long leg$157K$77K20x
edgeX CXMTUSDC−0.0037%4h8.5723−0.275%$434K$240K10xas long as short
HTX CXMT-USDT0.0000%4h8.6564+0.703%$31K$37K10xas long as short