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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0463%/8h= −50.7% APRpaid last 24h −0.303%
Price spread now: OKX against edgeX−0.025%7-day average +0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$700.701% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.250%−$25 on $10k
Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.025%, 7d avg +0.097%
Together, before fees−0.169%+ Points / potential airdropedgeX: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and OKX is 0.122% cheaper against edgeX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.097%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.250% in total (about -13.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.5691−0.0004get 0.0002% / 4h31m 17s$460K$268K10x
ShortOKX CXMT-USDT-SWAP8.5670−0.0467pay 0.0467% / 8h4h 31m$1.1M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$97.31
Price spread: −0.025% → +0.097%
−$12.24
Slippage, 4 orders
−$51.12
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$179.67
Costs to cover
0.701%
Break-even
never at this rate
Slippage from edgeX: live order book, 10 min ago; OKX: live order book, 5 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, 10 min ago3.73 bp21.2 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago1.17 bp18.9 bp −$19175.8 bp −$1,758doesn't fitdoesn't fit

CXMT on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate CXMT_USDT−0.0824%1h8.5630−0.072%$5.1M$14.6M50xas long as short
Bitget CXMTUSDT−0.0556%8h8.5680−0.013%$618K$1.1M20xas long as short
OKX CXMT-USDT-SWAPshort−0.0467%8h8.5670−0.025%$1.1M$5.9M20x
Aster CXMTUSDT−0.0369%8h8.5809+0.137%$137K$71K20xas long as short
edgeX CXMTUSDClong−0.0004%4h8.5691long leg$460K$268K10x
Binance CXMTUSDT0.0000%4h8.5680−0.013%$4.0M$10.4M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5650−0.048%$912K$1.6M20xas long as short
SunX CXMT-USDT0.0000%4h8.5725+0.039%$84$1.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6481+0.921%$31K$41K10xas long as short
Lighter CXMT+0.0032%1h8.5757+0.077%$101K$14K5xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CXMT+0.0041%1h8.5644−0.055%$55.7M$10.0M10xas long as short
Popdex CXMTUSDT+0.0048%1h8.5680−0.013%$3K$115K20xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5631−0.071%$8K$48K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5640−0.060%$228K$12K5xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5800+0.127%$8K$254K50xas long as short
Ondo Perps CXMT-USD.P+0.0128%1h8.5739+0.056%$28K$42K10xas long as short