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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.069%
Price spread now: SoDEX against Bitget−0.075%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$970.969% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.101%+$10 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now −0.075%, 7d avg −0.125%
Together, before fees+0.038%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.050% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CXMTUSDT8.6160−0.2654get 0.2654% / 8h2h 51m$601K$842K20x
ShortSoDEX CXMT-USD8.6095−0.2491pay 0.0311% / 1h51m 52s$229K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Bitget. 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
$34.26
Price spread: −0.075% → −0.125%
$4.96
Slippage, 4 orders
−$76.89
Fee Bitget: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$57.67
Costs to cover
0.969%
Break-even
18.8 days
Slippage from Bitget: live order book, 59 min ago; SoDEX: live order book, 62 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 Bitget live order book, 59 min ago4.05 bp19.2 bp −$1941.7 bp −$417doesn't fitdoesn't fit
Sell SoDEX live order book, 62 min ago1.56 bp28.3 bp −$28doesn't fitdoesn'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
Binance CXMTUSDT−0.4153%4h8.6046−0.132%$4.4M$9.1M20xas long as short
Popdex CXMTUSDT−0.3920%1h8.6130−0.035%$1K$115K20xas long as short
Bybit CXMTUSDT−0.3773%8h8.6070−0.104%$1.0M$1.1M20xas long as short
tradeXYZ xyz:CXMT−0.3404%1h8.6063−0.113%$56.1M$9.2M10xas long as short
OKX CXMT-USDT-SWAP−0.3072%8h8.6000−0.186%$1.4M$5.4M20xas long as short
Polymarket Perps CXMT-USD−0.2893%1h8.6247+0.101%$8K$51K10xas long as short
Ondo Perps CXMT-USD.P−0.2684%1h8.6146−0.016%$29K$33K10xas long as short
Bitget CXMTUSDTlong−0.2654%8h8.6160long leg$601K$842K20x
ApeX Omni CXMTUSDT−0.2595%1h8.6500+0.395%$8K$251K50xas long as short
SoDEX CXMT-USDshort−0.2491%1h8.6095−0.075%$229K$9K5x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CXMT_USDT−0.2336%1h8.6090−0.081%$5.7M$13.1M50xas long as short
Aster CXMTUSDT−0.1926%8h8.6180+0.023%$138K$105K20xas long as short
Lighter CXMT−0.1416%1h8.6288+0.149%$101K$17K5xas long as short
edgeX CXMTUSDC−0.0069%4h8.6139−0.024%$436K$241K10xas long as short
SunX CXMT-USDT0.0000%4h8.6699+0.626%$85$2.4M10xas long as short
HTX CXMT-USDT0.0000%4h8.6592+0.501%$32K$38K10xas long as short