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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.019%
Price spread now: Bybit against Binance−0.046%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.683% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 2 days (all we have)−0.073%−$7 · spread now −0.046%, 7d avg −0.070%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.070%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CXMTUSDT8.60400get 0.0000% / 4h51m 16s$4.0M$8.8M20x
ShortBybit CXMTUSDT8.60000get 0.0000% / 8h51m 16s$973K$698K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
$0
Price spread: −0.046% → −0.070%
$2.35
Slippage, 4 orders
−$47.28
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$65.93
Costs to cover
0.683%
Break-even
never at this rate
Slippage from Binance: live order book, 3 min ago; Bybit: live order book, 24 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 Binance live order book, 3 min ago1.16 bp12.8 bp −$1346.4 bp −$464doesn't fitdoesn't fit
Sell Bybit live order book, 24 min ago4.08 bp17.3 bp −$17474.2 bp −$4,742doesn'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−0.0018%4h8.5913−0.148%$435K$240K10xas long as short
Aster CXMTUSDT0.0000%8h8.5873−0.194%$166K$69K20xas long as short
Binance CXMTUSDTlong0.0000%4h8.6040long leg$4.0M$8.8M20x
Bybit CXMTUSDTshort0.0000%8h8.6000−0.046%$973K$698K20x
OKX CXMT-USDT-SWAP0.0000%8h8.6020−0.023%$1.1M$5.6M20xas long as short
Bitget CXMTUSDT0.0000%8h8.6000−0.046%$544K$882K20xas long as short
SunX CXMT-USDT0.0000%4h8.6106+0.077%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6714+0.783%$31K$38K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.60400.000%$5K$111K20xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5700−0.395%$8K$249K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CXMT-USD+0.0360%1h8.5924−0.135%$228K$9K5xas long as short
Polymarket Perps CXMT-USD+0.0663%1h8.5886−0.179%$8K$48K10xas long as short
Lighter CXMT+0.0752%1h8.6050+0.012%$102K$29K5xas long as short
Gate CXMT_USDT+0.0760%1h8.5970−0.081%$4.8M$13.1M50xas long as short
tradeXYZ xyz:CXMT+0.1113%1h8.5924−0.135%$55.3M$8.2M10xas long as short
Ondo Perps CXMT-USD.P+0.1552%1h8.5977−0.073%$23K$50K10xas long as short