Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0167%/8h= +18.3% APRpaid last 24h −0.020%

Price spread now: ApeX Omni against edgeX+0.487%7-day average +0.102% · you sell dearer than you buy

Net, funding: paid 7d − costs−$147as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1711.708% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)−0.561%−$56 · spread now +0.487%, 7d avg +0.102%

Together, before fees−0.325%+ Points / potential airdropedgeX: Active · farm board−$33 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 ApeX Omni is 0.385% dearer against edgeX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.102%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CXMTUSDC	8.5086	−0.0067	get 0.0034% / 4h	3h 25m	$456K	$268K	10x
Short	ApeX Omni CXMTUSDT	8.5500	0.0100	get 0.0013% / 1h	25m 51s	$8K	$252K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee ApeX OmnibpOrdersPrice spread, now +0.487%Rate

Funding earned: $35.15
Price spread: +0.487% → +0.102%: $38.46
Slippage, 4 orders: −$151.84
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$97.23
Costs to cover: 1.708%
Break-even: 26.4 days

Slippage from edgeX: live order book, 8 min ago; ApeX Omni: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 8 min ago	10.80 bp	39.9 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 6 min ago	35.25 bp	55.0 bp −$55	324.9 bp −$3,249	doesn't fit	doesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX CXMT-USDT-SWAP	−0.3262%	8h	8.4940	−0.172%	$1.1M	$6.0M	20x	as long as short
Bitget CXMTUSDT	−0.3227%	8h	8.4980	−0.124%	$671K	$1.1M	20x	as long as short
Bybit CXMTUSDT	−0.2979%	8h	8.4940	−0.172%	$938K	$1.6M	20x	as long as short
Binance CXMTUSDT	−0.2686%	4h	8.5000	−0.101%	$4.0M	$10.2M	20x	as long as short
Gate CXMT_USDT	−0.2456%	1h	8.4880	−0.242%	$5.6M	$13.5M	50x	as long as short
Aster CXMTUSDT	−0.2274%	8h	8.5387	+0.354%	$137K	$71K	20x	as long as short
Ondo Perps CXMT-USD.P	−0.2238%	1h	8.4964	−0.143%	$28K	$41K	10x	as long as short
tradeXYZ xyz:CXMT	−0.1705%	1h	8.4934	−0.179%	$55.4M	$10.1M	10x	as long as short
SoDEX CXMT-USD	−0.1367%	1h	8.4925	−0.189%	$226K	$12K	5x	as long as short
Lighter CXMT	−0.0408%	1h	8.5104	+0.021%	$100K	$18K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex CXMTUSDT	−0.0304%	1h	8.5000	−0.101%	$2K	$115K	20x	as long as short
edgeX CXMTUSDClong	−0.0067%	4h	8.5086	long leg	$456K	$268K	10x
SunX CXMT-USDT	0.0000%	4h	8.5025	−0.072%	$83	$2.2M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.5885	+0.939%	$32K	$39K	10x	as long as short
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5508	+0.496%	$8K	$48K	10x	as long as short
ApeX Omni CXMTUSDTshort	+0.0100%	1h	8.5500	+0.487%	$8K	$252K	50x