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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.071%
Price spread now: Popdex against OKX+0.058%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.519% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.101%−$10 on $10k
Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.058%, 7d avg +0.041%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.101%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.59100get 0.0000% / 8h6h 41m$1.2M$5.2M20x
ShortPopdex CXMTUSDT8.59600.0048get 0.0006% / 1h41m 07s$5K$111K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: +0.058% → +0.041%
$1.67
Slippage, 4 orders
−$35.49
Fee OKX: 5 bp × 2 orders
−$10
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$40.14
Costs to cover
0.519%
Break-even
34.9 days
Slippage from OKX: live order book, 2 min ago; Popdex: 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, 2 min ago0.58 bp7.7 bp −$865.1 bp −$651doesn't fitdoesn't fit
Sell Popdex live order book, 27 min ago2.90 bp10.2 bp −$10doesn'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
Polymarket Perps CXMT-USD−0.0224%1h8.5746−0.191%$8K$44K10xas long as short
edgeX CXMTUSDC−0.0099%4h8.5862−0.055%$434K$240K10xas long as short
Aster CXMTUSDT0.0000%8h8.6323+0.480%$168K$73K20xas long as short
Binance CXMTUSDT0.0000%4h8.5965+0.064%$4.1M$8.6M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5950+0.047%$971K$632K20xas long as short
OKX CXMT-USDT-SWAPlong0.0000%8h8.5910long leg$1.2M$5.2M20x
Gate CXMT_USDT0.0000%1h8.5860−0.058%$4.9M$9.8M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5890−0.023%$621K$907K20xas long as short
SunX CXMT-USDT0.0000%4h8.6025+0.134%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6501+0.688%$31K$37K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:CXMT+0.0003%1h8.5833−0.090%$55.2M$7.9M10xas long as short
Lighter CXMT+0.0032%1h8.5975+0.076%$100K$21K5xas long as short
Popdex CXMTUSDTshort+0.0048%1h8.5960+0.058%$5K$111K20x
SoDEX CXMT-USD+0.0050%1h8.5862−0.056%$228K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5947+0.043%$23K$49K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5900−0.012%$8K$250K50xas long as short