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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.043%
Price spread now: Bitget against OKX−0.023%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$620.619% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.023%, 7d avg +0.041%
Together, before fees−0.014%−$1 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.064% cheaper against OKX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.041%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.60000get 0.0000% / 8h48m 19s$1.2M$5.6M20x
ShortBitget CXMTUSDT8.59800get 0.0000% / 8h48m 19s$544K$880K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
$0
Price spread: −0.023% → +0.041%
−$6.44
Slippage, 4 orders
−$39.86
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.3
Costs to cover
0.619%
Break-even
never at this rate
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 27 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 OKX live order book, 4 min ago0.58 bp9.5 bp −$1073.1 bp −$731doesn't fitdoesn't fit
Sell Bitget live order book, 27 min ago3.49 bp26.5 bp −$2655.2 bp −$552doesn'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 CXMTUSDC−0.0071%4h8.5929−0.083%$435K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5873−0.147%$166K$69K20xas long as short
Bybit CXMTUSDT0.0000%8h8.5960−0.047%$973K$697K20xas long as short
OKX CXMT-USDT-SWAPlong0.0000%8h8.6000long leg$1.2M$5.6M20x
Bitget CXMTUSDTshort0.0000%8h8.5980−0.023%$544K$880K20x
SunX CXMT-USDT0.0000%4h8.6136+0.158%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6706+0.821%$31K$38K10xas long as short
Binance CXMTUSDT+0.0001%4h8.6060+0.070%$4.0M$8.9M20xas long as short
Popdex CXMTUSDT+0.0048%1h8.6050+0.058%$5K$111K20xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.60000.000%$8K$249K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CXMT-USD+0.0376%1h8.5930−0.081%$228K$9K5xas long as short
Polymarket Perps CXMT-USD+0.0658%1h8.5901−0.115%$8K$47K10xas long as short
Gate CXMT_USDT+0.0760%1h8.5950−0.058%$4.8M$13.1M50xas long as short
Lighter CXMT+0.0864%1h8.6068+0.079%$102K$29K5xas long as short
tradeXYZ xyz:CXMT+0.1127%1h8.5920−0.093%$55.3M$8.2M10xas long as short
Ondo Perps CXMT-USD.P+0.1603%1h8.5977−0.027%$23K$50K10xas long as short