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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0093%/8h= +10.2% APRpaid last 24h −0.127%
Price spread now: Aster against edgeX+0.280%70s7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1601.597% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 3 days (all we have)−0.386%−$39 · spread now +0.280%, 7d avg +0.143%
Together, before fees−0.504%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.137% dearer against edgeX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.143%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.5386−0.0093get 0.0046% / 4h2h 26m$432K$241K10x
ShortAster CXMTUSDT8.56250get 0.0000% / 8h2h 26m$165K$69K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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

Funding earned
$19.5
Price spread: +0.280% → +0.143%
$13.7
Slippage, 4 orders
−$142.67
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$126.47
Costs to cover
1.597%
Break-even
52.4 days
Slippage from edgeX: live order book, 62 min ago; Aster: live order book, 60 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 edgeX live order book, 62 min ago7.68 bp20.1 bp −$20216.1 bp −$2,161doesn't fitdoesn't fit
Sell Aster live order book, 60 min ago21.64 bp46.1 bp −$46doesn'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
edgeX CXMTUSDClong−0.0093%4h8.5386long leg$432K$241K10x
Aster CXMTUSDTshort0.0000%8h8.5625+0.280%$165K$69K20x
Binance CXMTUSDT0.0000%4h8.5500+0.133%$3.9M$8.9M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5450+0.075%$967K$702K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5460+0.087%$1.1M$5.5M20xas long as short
Gate CXMT_USDT0.0000%1h8.5430+0.051%$4.9M$14.0M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5520+0.157%$524K$873K20xas long as short
SunX CXMT-USDT0.0000%4h8.5551+0.193%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6070+0.801%$31K$38K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.5500+0.133%$5K$111K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CXMT-USD+0.0050%1h8.53860.000%$8K$47K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5397+0.013%$227K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5517+0.153%$23K$50K10xas long as short
Lighter CXMT+0.0056%1h8.5517+0.153%$101K$29K5xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5600+0.250%$8K$253K50xas long as short
tradeXYZ xyz:CXMT+0.0169%1h8.5396+0.012%$55.0M$8.3M10xas long as short