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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.3481%/8h= −381.1% APRnext payment $4.35 per $10,000 · paid last 24h −0.088%
Price spread now: Popdex against Ondo Perps−0.110%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$104 a day on $10k at the current rate, and Popdex is 0.110% cheaper against Ondo Perps than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps CXMT-USD.P8.5985−0.4327get 0.0541% / 1h53m 59s$21K$25K10x
ShortPopdex CXMTUSDT8.5890−0.7808pay 0.0976% / 1h53m 59s$5K$111K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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

Funding earned
−$730.97
Price spread: −0.110% → 0.000%
−$11.05
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$753.42
Costs to cover
0.114%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Popdex: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Popdex live order book, 10 min ago2.33 bp14.6 bp −$15doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDTshort−0.7808%1h8.5890−0.110%$5K$111K20x
Polymarket Perps CXMT-USD−0.5473%1h8.6994+1.173%$9K$46K10xas long as short
tradeXYZ xyz:CXMT−0.5411%1h8.6016+0.036%$55.6M$7.0M10xas long as short
SoDEX CXMT-USD−0.4970%1h8.5844−0.164%$228K$9K5xas long as short
Ondo Perps CXMT-USD.Plong−0.4327%1h8.5985long leg$21K$25K10x
Lighter CXMT−0.3192%1h8.6620+0.739%$101K$21K5xas long as short
Gate CXMT_USDT−0.3056%1h8.5850−0.157%$5.1M$10.4M50xas long as short
ApeX Omni CXMTUSDT−0.1779%1h8.6200+0.250%$8K$250K50xas long as short
Bybit CXMTUSDT−0.1237%8h8.5970−0.017%$961K$577K20xas long as short
Binance CXMTUSDT−0.0191%4h8.6008+0.027%$4.3M$7.7M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX CXMTUSDC−0.0068%4h8.5906−0.092%$435K$240K10xas long as short
Aster CXMTUSDT0.0000%8h8.6204+0.254%$167K$76K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5850−0.157%$1.2M$4.5M20xas long as short
Bitget CXMTUSDT0.0000%8h8.5870−0.134%$612K$832K20xas long as short
SunX CXMT-USDT0.0000%4h8.5944−0.048%$84$2.4M10xas long as short
HTX CXMT-USDT0.0000%4h8.6574+0.685%$31K$37K10xas long as short