Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0084%/8h= −9.2% APRpaid last 24h +0.198%

Price spread now: edgeX against Polymarket Perps−0.029%7-day average — · you buy dearer than you sell

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

Long on Polymarket Perps Short on edgeX

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 airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.029% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 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	Polymarket Perps CXMT-USD	8.5341	0.0050	pay 0.0006% / 1h	59m 21s	$8K	$46K	10x
Short	edgeX CXMTUSDC	8.5316	−0.0034	pay 0.0017% / 4h	2h 59m	$457K	$268K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Polymarket 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 Polymarket PerpsbpFee edgeXbpOrdersPrice spread, now −0.029%Rate

Funding earned: −$17.58
Price spread: −0.029% → 0.000%: −$2.91
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$37.49
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; edgeX: live order book, 34 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, 34 min ago	10.80 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit

Polymarket 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
OKX CXMT-USDT-SWAP	−0.2992%	8h	8.5370	+0.034%	$1.1M	$6.0M	20x	as long as short
Bitget CXMTUSDT	−0.2941%	8h	8.5340	−0.001%	$664K	$1.1M	20x	as long as short
Binance CXMTUSDT	−0.2174%	4h	8.5430	+0.104%	$4.0M	$10.2M	20x	as long as short
Aster CXMTUSDT	−0.1983%	8h	8.5366	+0.029%	$136K	$71K	20x	as long as short
Gate CXMT_USDT	−0.1728%	1h	8.5330	−0.013%	$5.8M	$13.4M	50x	as long as short
Bybit CXMTUSDT	−0.1278%	8h	8.5340	−0.001%	$926K	$1.6M	20x	as long as short
Ondo Perps CXMT-USD.P	−0.0701%	1h	8.5305	−0.042%	$28K	$41K	10x	as long as short
Lighter CXMT	−0.0272%	1h	8.5432	+0.107%	$100K	$15K	5x	as long as short
edgeX CXMTUSDCshort	−0.0034%	4h	8.5316	−0.029%	$457K	$268K	10x
SunX CXMT-USDT	0.0000%	4h	8.5486	+0.170%	$84	$2.0M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CXMT-USDT	0.0000%	4h	8.6063	+0.846%	$32K	$39K	10x	as long as short
tradeXYZ xyz:CXMT	+0.0047%	1h	8.5331	−0.012%	$55.6M	$10.1M	10x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5450	+0.128%	$2K	$114K	20x	as long as short
Polymarket Perps CXMT-USDlong	+0.0050%	1h	8.5341	long leg	$8K	$46K	10x
SoDEX CXMT-USD	+0.0050%	1h	8.5341	0.000%	$227K	$12K	5x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5400	+0.069%	$8K	$253K	50x	as long as short