Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.173%

Price spread now: Binance against Ondo Perps+0.494%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Binance

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 · farm boardneeds both histories

The price spread pays, funding is against you. Binance is 0.494% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.494% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 33 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps CXMT-USD.P	8.5449	0.0050	pay 0.0006% / 1h	3m 27s	$23K	$32K	10x
Short	Binance CXMTUSDT	8.5871	0	get 0.0000% / 4h	2h 03m	$4.2M	$7.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.494%Rate

Funding earned: −$10.58
Price spread: +0.494% → 0.000%: $49.36
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: $23.77
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 6 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 Binance live order book, 6 min ago	1.17 bp	12.3 bp −$12	34.1 bp −$341	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
Polymarket Perps CXMT-USD	−0.0861%	1h	8.5901	+0.529%	$9K	$43K	10x	as long as short
tradeXYZ xyz:CXMT	−0.0686%	1h	8.5734	+0.334%	$55.3M	$7.1M	10x	as long as short
SoDEX CXMT-USD	−0.0532%	1h	8.5590	+0.165%	$228K	$9K	5x	as long as short
Gate CXMT_USDT	−0.0344%	1h	8.5700	+0.294%	$5.1M	$11.4M	50x	as long as short
Bybit CXMTUSDT	−0.0221%	8h	8.5710	+0.305%	$959K	$585K	20x	as long as short
edgeX CXMTUSDC	−0.0063%	4h	8.5375	−0.087%	$432K	$241K	10x	as long as short
Lighter CXMT	−0.0048%	1h	8.5701	+0.295%	$100K	$21K	5x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5855	+0.475%	$166K	$72K	20x	as long as short
Binance CXMTUSDTshort	0.0000%	4h	8.5871	+0.494%	$4.2M	$7.5M	20x
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5680	+0.270%	$1.2M	$4.5M	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CXMTUSDT	0.0000%	8h	8.5810	+0.422%	$605K	$827K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5716	+0.312%	$84	$2.4M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6336	+1.038%	$31K	$37K	10x	as long as short
Popdex CXMTUSDT	+0.0040%	1h	8.5740	+0.341%	$5K	$111K	20x	as long as short
Ondo Perps CXMT-USD.Plong	+0.0050%	1h	8.5449	long leg	$23K	$32K	10x
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5700	+0.294%	$8K	$250K	50x	as long as short