Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.1603%/8h= −175.6% APRpaid last 24h −0.103%

Price spread now: Aster against Ondo Perps−0.120%7-day average — · you buy dearer than you sell

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

Long on Ondo Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$48 a day on $10k at the current rate, and Aster is 0.120% cheaper against Ondo Perps than usual: you would sell low and buy high (−$12 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	Ondo Perps CXMT-USD.P	8.5977	0.1603	pay 0.0200% / 1h	47m 56s	$23K	$50K	10x
Short	Aster CXMTUSDT	8.5873	0	get 0.0000% / 8h	47m 56s	$166K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now −0.120%Rate

Funding earned: −$336.67
Price spread: −0.120% → 0.000%: −$12.05
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$361.72
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 28 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 28 min ago	25.00 bp	49.5 bp −$50	doesn't fit	doesn't fit	doesn't fit

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
edgeX CXMTUSDC	−0.0071%	4h	8.5929	−0.056%	$435K	$241K	10x	as long as short
Aster CXMTUSDTshort	0.0000%	8h	8.5873	−0.120%	$166K	$69K	20x
Bybit CXMTUSDT	0.0000%	8h	8.5960	−0.020%	$973K	$697K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.6040	+0.073%	$1.2M	$5.6M	20x	as long as short
Bitget CXMTUSDT	0.0000%	8h	8.5980	+0.003%	$544K	$880K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.6136	+0.185%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6672	+0.808%	$31K	$38K	10x	as long as short
Binance CXMTUSDT	+0.0001%	4h	8.6068	+0.106%	$4.0M	$8.9M	20x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.6050	+0.085%	$5K	$111K	20x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.6000	+0.027%	$8K	$249K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CXMT-USD	+0.0361%	1h	8.5943	−0.040%	$229K	$9K	5x	as long as short
Polymarket Perps CXMT-USD	+0.0658%	1h	8.5901	−0.088%	$8K	$47K	10x	as long as short
Gate CXMT_USDT	+0.0760%	1h	8.5960	−0.020%	$4.8M	$13.1M	50x	as long as short
Lighter CXMT	+0.0864%	1h	8.6069	+0.107%	$102K	$29K	5x	as long as short
tradeXYZ xyz:CXMT	+0.1125%	1h	8.5924	−0.062%	$55.3M	$8.2M	10x	as long as short
Ondo Perps CXMT-USD.Plong	+0.1603%	1h	8.5977	long leg	$23K	$50K	10x