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+0.3194%/8h= +349.8% APRpaid last 24h +0.303%
Price spread now: edgeX against OKX+0.172%81s7-day average −0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$920.922% 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)−0.176%−$18 · spread now +0.172%, 7d avg −0.100%
Together, before fees+0.074%+ Points / potential airdropedgeX: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$96 a day on $10k at the current rate, and edgeX is 0.272% dearer against OKX than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of −0.100%. The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
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 is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.4940−0.3262get 0.3262% / 8h7h 26m$1.1M$6.0M20x
ShortedgeX CXMTUSDC8.5086−0.0067pay 0.0034% / 4h3h 26m$456K$268K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$670.81
Price spread: +0.172% → −0.100%
$27.15
Slippage, 4 orders
−$73.25
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$605.71
Costs to cover
0.922%
Break-even
0.7 days
Slippage from OKX: live order book, 1 min ago; edgeX: live order book, 7 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, 1 min ago1.18 bp14.4 bp −$1491.2 bp −$912doesn't fitdoesn't fit
Sell edgeX live order book, 7 min ago10.80 bp21.6 bp −$22doesn'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
OKX CXMT-USDT-SWAPlong−0.3262%8h8.4940long leg$1.1M$6.0M20x
Bitget CXMTUSDT−0.3227%8h8.4980+0.047%$671K$1.1M20xas long as short
Bybit CXMTUSDT−0.2979%8h8.49400.000%$938K$1.6M20xas long as short
Binance CXMTUSDT−0.2686%4h8.4995+0.064%$4.0M$10.1M20xas long as short
Gate CXMT_USDT−0.2456%1h8.4880−0.071%$5.6M$13.5M50xas long as short
Aster CXMTUSDT−0.2274%8h8.5391+0.531%$137K$71K20xas long as short
Ondo Perps CXMT-USD.P−0.2238%1h8.4964+0.028%$28K$41K10xas long as short
tradeXYZ xyz:CXMT−0.1688%1h8.4946+0.007%$55.4M$10.1M10xas long as short
SoDEX CXMT-USD−0.1280%1h8.4965+0.029%$226K$12K5xas long as short
Lighter CXMT−0.0408%1h8.5104+0.193%$100K$18K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT−0.0304%1h8.5000+0.071%$2K$115K20xas long as short
edgeX CXMTUSDCshort−0.0067%4h8.5086+0.172%$456K$268K10x
SunX CXMT-USDT0.0000%4h8.5025+0.100%$83$2.2M10xas long as short
HTX CXMT-USDT0.0000%4h8.5885+1.113%$32K$39K10xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5508+0.669%$8K$48K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5500+0.659%$8K$252K50xas long as short