Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1675%/8h= −183.4% APRpaid last 24h −0.080%

Price spread now: Ondo Perps against edgeX−0.052%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$50 a day on $10k at the current rate, and Ondo Perps is 0.052% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX CXMTUSDC	8.5295	−0.0079	get 0.0040% / 4h	3h 33m	$457K	$267K	10x
Short	Ondo Perps CXMT-USD.P	8.5250	−0.1754	pay 0.0219% / 1h	33m 30s	$28K	$41K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$351.81
Price spread: −0.052% → 0.000%: −$5.24
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$371.05
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 65 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 65 min ago	10.88 bp	24.8 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.3212%	8h	8.5200	−0.111%	$1.2M	$5.9M	20x	as long as short
Bitget CXMTUSDT	−0.3186%	8h	8.5270	−0.029%	$672K	$1.1M	20x	as long as short
Binance CXMTUSDT	−0.2582%	4h	8.5326	+0.036%	$4.1M	$10.1M	20x	as long as short
Aster CXMTUSDT	−0.2282%	8h	8.5460	+0.194%	$137K	$70K	20x	as long as short
Gate CXMT_USDT	−0.2184%	1h	8.5220	−0.088%	$5.6M	$13.4M	50x	as long as short
Bybit CXMTUSDT	−0.1928%	8h	8.5280	−0.017%	$954K	$1.6M	20x	as long as short
Ondo Perps CXMT-USD.Pshort	−0.1754%	1h	8.5250	−0.052%	$28K	$41K	10x
tradeXYZ xyz:CXMT	−0.1320%	1h	8.5271	−0.028%	$55.6M	$10.0M	10x	as long as short
SoDEX CXMT-USD	−0.0692%	1h	8.5310	+0.018%	$227K	$11K	5x	as long as short
Popdex CXMTUSDT	−0.0112%	1h	8.5330	+0.041%	$2K	$115K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CXMTUSDClong	−0.0079%	4h	8.5295	long leg	$457K	$267K	10x
Lighter CXMT	−0.0064%	1h	8.5440	+0.170%	$100K	$18K	5x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5437	+0.167%	$84	$2.3M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6063	+0.901%	$32K	$39K	10x	as long as short
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5631	+0.394%	$8K	$48K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5400	+0.123%	$8K	$252K	50x	as long as short