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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0136%/8h= −14.9% APRnext payment $1.36 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against Aster−0.087%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1161.158% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.104%+$10 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.087%, 7d avg −0.042%
Together, before fees+0.117%+ Points / potential airdropAster: Stage 5 · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and OKX is 0.045% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.042%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.104%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CXMTUSDT8.6065−0.0322get 0.0322% / 8h5h 32m$156K$78K20x
ShortOKX CXMT-USDT-SWAP8.5990−0.0458pay 0.0458% / 8h5h 32m$1.3M$4.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$28.57
Price spread: −0.087% → −0.042%
−$4.5
Slippage, 4 orders
−$97.84
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$148.91
Costs to cover
1.158%
Break-even
never at this rate
Slippage from Aster: live order book, 28 min ago; OKX: 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 Aster live order book, 28 min ago19.82 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.75 bp16.5 bp −$17116.3 bp −$1,163doesn'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−0.7160%1h8.5980−0.099%$5K$112K20xas long as short
Polymarket Perps CXMT-USD−0.4891%1h8.6292+0.264%$8K$46K10xas long as short
tradeXYZ xyz:CXMT−0.4709%1h8.6025−0.047%$55.7M$7.2M10xas long as short
Ondo Perps CXMT-USD.P−0.4133%1h8.6034−0.036%$29K$33K10xas long as short
SoDEX CXMT-USD−0.3461%1h8.6030−0.041%$229K$9K5xas long as short
Lighter CXMT−0.3136%1h8.6241+0.204%$101K$21K5xas long as short
Gate CXMT_USDT−0.3024%1h8.5930−0.157%$5.3M$11.0M50xas long as short
Bybit CXMTUSDT−0.2788%8h8.6080+0.017%$959K$601K20xas long as short
Binance CXMTUSDT−0.1614%4h8.6131+0.076%$4.2M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.1278%1h8.6400+0.389%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.0894%4h8.6031−0.040%$84$2.4M10xas long as short
Bitget CXMTUSDT−0.0484%8h8.6000−0.076%$611K$841K20xas long as short
OKX CXMT-USDT-SWAPshort−0.0458%8h8.5990−0.087%$1.3M$4.6M20x
Aster CXMTUSDTlong−0.0322%8h8.6065long leg$156K$78K20x
edgeX CXMTUSDC−0.0063%4h8.5968−0.113%$435K$241K10xas long as short
HTX CXMT-USDT0.0000%4h8.6659+0.690%$31K$37K10xas long as short