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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.189%
Price spread now: Bybit against SunX−0.036%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1211.205% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.249%−$25 on $10k
Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.036%, 7d avg −0.100%
Together, before fees−0.126%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.064% dearer against SunX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CXMT-USDT8.59410get 0.0000% / 4h1m 09s$84$2.6M10x
ShortBybit CXMTUSDT8.59100get 0.0000% / 8h1m 09s$972K$676K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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
$0
Price spread: −0.036% → −0.100%
$6.37
Slippage, 4 orders
−$101.54
Fee SunX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$114.16
Costs to cover
1.205%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; Bybit: live order book, 9 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 SunX live order book, 5 min ago22.07 bp26.1 bp −$2655.2 bp −$552doesn't fitdoesn't fit
Sell Bybit live order book, 9 min ago4.08 bp31.0 bp −$31668.4 bp −$6,684doesn'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−0.0036%4h8.5904−0.043%$435K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5908−0.038%$166K$69K20xas long as short
Bybit CXMTUSDTshort0.0000%8h8.5910−0.036%$972K$676K20x
OKX CXMT-USDT-SWAP0.0000%8h8.5900−0.048%$1.2M$5.6M20xas long as short
Bitget CXMTUSDT0.0000%8h8.5900−0.048%$561K$889K20xas long as short
SunX CXMT-USDTlong0.0000%4h8.5941long leg$84$2.6M10x
HTX CXMT-USDT0.0000%4h8.6748+0.939%$32K$37K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.5890−0.059%$5K$111K20xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5780−0.187%$8K$46K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5845−0.112%$228K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance CXMTUSDT+0.0088%4h8.5944+0.004%$4.0M$8.9M20xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5800−0.164%$8K$250K50xas long as short
Lighter CXMT+0.0136%1h8.5986+0.052%$102K$29K5xas long as short
Gate CXMT_USDT+0.0224%1h8.5870−0.083%$4.8M$13.3M50xas long as short
tradeXYZ xyz:CXMT+0.0318%1h8.5847−0.109%$55.3M$8.3M10xas long as short
Ondo Perps CXMT-USD.P+0.0794%1h8.6031+0.105%$23K$50K10xas long as short