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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.114%
Price spread now: Binance against SoDEX+0.121%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$750.746% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.202%−$20 on $10k
Price spread, last 2 days (all we have)+0.213%+$21 · spread now +0.121%, 7d avg +0.158%
Together, before fees+0.010%+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.038% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.158%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CXMT-USD8.54070.0050pay 0.0006% / 1h0m 55s$227K$9K5x
ShortBinance CXMTUSDT8.55100get 0.0000% / 4h2h 00m$4.0M$8.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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
−$10.5
Price spread: +0.121% → +0.158%
−$3.75
Slippage, 4 orders
−$56.58
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$88.83
Costs to cover
0.746%
Break-even
never at this rate
Slippage from SoDEX: live order book, 23 min ago; Binance: live order book, 8 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 SoDEX live order book, 23 min ago1.76 bp27.1 bp −$271564.0 bp −$15.6Kdoesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.58 bp7.5 bp −$826.2 bp −$262doesn'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
edgeX CXMTUSDC−0.0009%4h8.5425+0.021%$432K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5652+0.287%$165K$69K20xas long as short
Binance CXMTUSDTshort0.0000%4h8.5510+0.121%$4.0M$8.9M20x
Bybit CXMTUSDT0.0000%8h8.5470+0.074%$968K$703K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5480+0.085%$1.1M$5.6M20xas long as short
Gate CXMT_USDT0.0000%1h8.5450+0.050%$4.8M$14.0M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5580+0.203%$532K$878K20xas long as short
SunX CXMT-USDT0.0000%4h8.5565+0.185%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6062+0.767%$31K$38K10xas long as short
Lighter CXMT+0.0032%1h8.5518+0.130%$101K$29K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT+0.0048%1h8.5500+0.109%$5K$111K20xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5394−0.015%$8K$47K10xas long as short
SoDEX CXMT-USDlong+0.0050%1h8.5407long leg$227K$9K5x
Ondo Perps CXMT-USD.P+0.0050%1h8.5452+0.053%$23K$50K10xas long as short
tradeXYZ xyz:CXMT+0.0097%1h8.5422+0.018%$55.0M$8.3M10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5500+0.109%$8K$249K50xas long as short