Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.2028%/8h= +222.1% APRpaid last 24h +0.150%

Price spread now: HTX against tradeXYZ+0.948%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on HTX

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 airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$61 a day on $10k at the current rate, and HTX is 0.948% dearer against tradeXYZ than usual: you sell high and buy low: +$95 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:CXMT	8.5972	−0.2028	get 0.0254% / 1h	4m 15s	$56.1M	$9.1M	10x
Short	HTX CXMT-USDT	8.6787	0	get 0.0000% / 4h	3h 04m	$32K	$37K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee HTXbpOrdersPrice spread, now +0.948%Rate

Funding earned: $425.9
Price spread: +0.948% → 0.000%: $94.8
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: $490.7
Costs to cover: 0.300%
Break-even: from the start

Slippage unknown: tradeXYZ: live order book, 4 min ago; HTX: no order-book sample. 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 tradeXYZ live order book, 4 min ago	0.58 bp	13.5 bp −$14	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: 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
Binance CXMTUSDT	−0.4166%	4h	8.6062	+0.105%	$4.4M	$8.9M	20x	as long as short
Bybit CXMTUSDT	−0.3800%	8h	8.6050	+0.091%	$1.0M	$1.1M	20x	as long as short
Ondo Perps CXMT-USD.P	−0.3190%	1h	8.5707	−0.308%	$29K	$33K	10x	as long as short
OKX CXMT-USDT-SWAP	−0.2949%	8h	8.6030	+0.067%	$1.4M	$5.3M	20x	as long as short
Bitget CXMTUSDT	−0.2550%	8h	8.6130	+0.184%	$603K	$828K	20x	as long as short
tradeXYZ xyz:CXMTlong	−0.2028%	1h	8.5972	long leg	$56.1M	$9.1M	10x
Gate CXMT_USDT	−0.2008%	1h	8.6040	+0.079%	$5.9M	$13.7M	50x	as long as short
Aster CXMTUSDT	−0.1864%	8h	8.6308	+0.391%	$138K	$100K	20x	as long as short
Polymarket Perps CXMT-USD	−0.1565%	1h	8.6022	+0.058%	$10K	$47K	10x	as long as short
SoDEX CXMT-USD	−0.1064%	1h	8.6020	+0.056%	$229K	$9K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter CXMT	−0.0568%	1h	8.6051	+0.092%	$101K	$18K	5x	as long as short
Popdex CXMTUSDT	−0.0056%	1h	8.6070	+0.114%	$1K	$115K	20x	as long as short
edgeX CXMTUSDC	−0.0002%	4h	8.5920	−0.060%	$435K	$241K	10x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.6285	+0.364%	$85	$2.4M	10x	as long as short
HTX CXMT-USDTshort	0.0000%	4h	8.6787	+0.948%	$32K	$37K	10x
ApeX Omni CXMTUSDT	+0.0100%	1h	8.6300	+0.382%	$8K	$251K	50x	as long as short