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+0.0074%/8h= +8.1% APRpaid last 24h −0.171%
Price spread now: Bitget against edgeX+0.172%74s7-day average +0.148% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$800.799% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.051%−$5 on $10k
Price spread, last 3 days (all we have)−0.015%−$2 · spread now +0.172%, 7d avg +0.148%
Together, before fees−0.066%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.024% dearer against edgeX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.148%. Mind the row above: over the last 7 days funding on this pair cost −0.051%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.5523−0.0074get 0.0037% / 4h1h 34m$433K$241K10x
ShortBitget CXMTUSDT8.56700get 0.0000% / 8h1h 34m$535K$879K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$15.57
Price spread: +0.172% → +0.148%
$2.38
Slippage, 4 orders
−$58.85
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$61.89
Costs to cover
0.799%
Break-even
34.8 days
Slippage from edgeX: live order book, 49 min ago; Bitget: live order book, 46 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, 49 min ago6.50 bp18.4 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 46 min ago4.09 bp22.7 bp −$2349.1 bp −$491doesn'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−0.0074%4h8.5523long leg$433K$241K10x
Aster CXMTUSDT0.0000%8h8.5707+0.215%$165K$69K20xas long as short
Binance CXMTUSDT0.0000%4h8.5641+0.139%$4.0M$8.9M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5590+0.079%$969K$702K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5600+0.090%$1.1M$5.6M20xas long as short
Bitget CXMTUSDTshort0.0000%8h8.5670+0.172%$535K$879K20x
SunX CXMT-USDT0.0000%4h8.5438−0.099%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6307+0.917%$31K$38K10xas long as short
Gate CXMT_USDT+0.0016%1h8.5560+0.043%$4.9M$13.7M50xas long as short
Lighter CXMT+0.0032%1h8.5655+0.155%$101K$29K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT+0.0048%1h8.5630+0.125%$5K$111K20xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5517−0.007%$8K$48K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5531+0.010%$227K$9K5xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5600+0.090%$8K$250K50xas long as short
Ondo Perps CXMT-USD.P+0.0138%1h8.5557+0.040%$23K$50K10xas long as short
tradeXYZ xyz:CXMT+0.0292%1h8.5531+0.010%$55.0M$8.3M10xas long as short