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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0021%/8h= −2.3% APRnext payment $0.10 per $10,000 · paid last 24h −0.015%
Price spread now: edgeX against SunX−0.179%7-day average −0.204% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1021.020% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.116%−$12 on $10k
Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.179%, 7d avg −0.204%
Together, before fees−0.034%+ Points / potential airdropedgeX: Active · farm board−$3 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.025% dearer against SunX than usual: you sell high and buy low (spread −0.179% now, against its 7-day average of −0.204%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.1 days. At the pace of the last 7 days (−0.116% in total) that is about 36 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CXMT-USDT8.55700get 0.0000% / 4h2h 10m$84$2.6M10x
ShortedgeX CXMTUSDC8.5417−0.0021pay 0.0010% / 4h2h 10m$432K$242K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$4.36
Price spread: −0.179% → −0.204%
$2.52
Slippage, 4 orders
−$85.02
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$103.85
Costs to cover
1.020%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; edgeX: live order book, 13 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, 6 min ago22.14 bp26.1 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 13 min ago6.50 bp17.3 bp −$17doesn't fitdoesn'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 CXMTUSDCshort−0.0021%4h8.5417−0.179%$432K$242K10x
Aster CXMTUSDT0.0000%8h8.5621+0.060%$165K$69K20xas long as short
Binance CXMTUSDT0.0000%4h8.5516−0.064%$3.9M$8.9M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5470−0.117%$968K$703K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5430−0.164%$1.1M$5.6M20xas long as short
Gate CXMT_USDT0.0000%1h8.5440−0.152%$4.8M$14.0M50xas long as short
Bitget CXMTUSDT0.0000%8h8.55700.000%$530K$874K20xas long as short
SunX CXMT-USDTlong0.0000%4h8.5570long leg$84$2.6M10x
HTX CXMT-USDT0.0000%4h8.6160+0.689%$31K$38K10xas long as short
Lighter CXMT+0.0032%1h8.5501−0.081%$101K$29K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT+0.0048%1h8.5500−0.082%$5K$111K20xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5401−0.197%$8K$47K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5410−0.187%$227K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5403−0.195%$23K$50K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5500−0.082%$8K$250K50xas long as short
tradeXYZ xyz:CXMT+0.0103%1h8.5416−0.180%$55.0M$8.3M10xas long as short