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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0267%/8h= −29.3% APRnext payment $0.33 per $10,000 · paid last 24h +0.144%
Price spread now: ApeX Omni against tradeXYZ+0.027%7-day average +0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$157as in the Price arb table
costs, in and out, $10k−$1521.517% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.342%+$34 on $10k
Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.027%, 7d avg +0.085%
Together, before fees+0.282%+ Points / potential airdroptradeXYZ: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.058% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.085%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.342%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CXMT8.58770.0367pay 0.0046% / 1h57m 21s$55.3M$8.0M10x
ShortApeX Omni CXMTUSDT8.59000.0100get 0.0013% / 1h57m 21s$8K$250K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against tradeXYZ. 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
−$56.13
Price spread: +0.027% → +0.085%
−$5.78
Slippage, 4 orders
−$123.67
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$213.59
Costs to cover
1.517%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; ApeX Omni: 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 tradeXYZ live order book, 12 min ago1.40 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 9 min ago34.84 bp62.6 bp −$63274.6 bp −$2,746doesn'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−0.0002%4h8.6010+0.155%$435K$239K10xas long as short
Aster CXMTUSDT0.0000%8h8.6308+0.502%$167K$72K20xas long as short
Bybit CXMTUSDT0.0000%8h8.5960+0.097%$968K$636K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5960+0.097%$1.2M$5.2M20xas long as short
Bitget CXMTUSDT0.0000%8h8.5960+0.097%$622K$940K20xas long as short
SunX CXMT-USDT0.0000%4h8.6031+0.179%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6577+0.815%$31K$37K10xas long as short
Binance CXMTUSDT+0.0030%4h8.6019+0.165%$4.1M$8.6M20xas long as short
Lighter CXMT+0.0032%1h8.6138+0.304%$101K$21K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.6040+0.190%$5K$111K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CXMT-USD+0.0050%1h8.58770.000%$8K$44K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5875−0.002%$228K$9K5xas long as short
ApeX Omni CXMTUSDTshort+0.0100%1h8.5900+0.027%$8K$250K50x
Gate CXMT_USDT+0.0208%1h8.5900+0.027%$4.8M$9.6M50xas long as short
tradeXYZ xyz:CXMTlong+0.0367%1h8.5877long leg$55.3M$8.0M10x
Ondo Perps CXMT-USD.P+0.0634%1h8.6035+0.184%$23K$49K10xas long as short