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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2856%/8h= +312.8% APRpaid last 24h +0.126%
Price spread now: edgeX against Aster+0.265%110s7-day average −0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1341.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.121%+$12 on $10k
Price spread, last 4 days (all we have)−0.201%−$20 · spread now +0.265%, 7d avg −0.162%
Together, before fees−0.080%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$86 a day on $10k at the current rate, and edgeX is 0.428% dearer against Aster than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of −0.162%. The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.121% in total (about 6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CXMTUSDT8.5942−0.2943get 0.2943% / 8h2h 03m$138K$105K20x
ShortedgeX CXMTUSDC8.6170−0.0087pay 0.0043% / 4h2h 03m$436K$242K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$599.82
Price spread: +0.265% → −0.162%
$42.75
Slippage, 4 orders
−$116.76
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$508.81
Costs to cover
1.338%
Break-even
1.1 days
Slippage from Aster: live order book, 42 min ago; edgeX: live order book, 45 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 Aster live order book, 42 min ago8.69 bp33.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 45 min ago10.94 bp22.5 bp −$23doesn'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
Popdex CXMTUSDT−0.5536%1h8.6010+0.079%$2K$116K20xas long as short
Binance CXMTUSDT−0.4887%4h8.6030+0.102%$4.3M$9.1M20xas long as short
Bybit CXMTUSDT−0.4232%8h8.6040+0.113%$1.1M$1.1M20xas long as short
OKX CXMT-USDT-SWAP−0.4010%8h8.6040+0.113%$1.3M$5.3M20xas long as short
tradeXYZ xyz:CXMT−0.3721%1h8.5980+0.044%$56.2M$9.5M10xas long as short
Bitget CXMTUSDT−0.3531%8h8.6090+0.172%$611K$849K20xas long as short
Polymarket Perps CXMT-USD−0.3530%1h8.6089+0.170%$8K$51K10xas long as short
Gate CXMT_USDT−0.3304%1h8.5830−0.131%$5.7M$14.1M50xas long as short
Ondo Perps CXMT-USD.P−0.3279%1h8.6179+0.275%$29K$33K10xas long as short
Aster CXMTUSDTlong−0.2943%8h8.5942long leg$138K$105K20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CXMT-USD−0.2850%1h8.5984+0.048%$229K$9K5xas long as short
ApeX Omni CXMTUSDT−0.2500%1h8.6200+0.300%$8K$251K50xas long as short
Lighter CXMT−0.2160%1h8.6047+0.122%$101K$18K5xas long as short
SunX CXMT-USDT−0.1641%4h8.6066+0.144%$84$2.4M10xas long as short
edgeX CXMTUSDCshort−0.0087%4h8.6170+0.265%$436K$242K10x
HTX CXMT-USDT0.0000%4h8.6892+1.105%$32K$38K10xas long as short