Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.2569%/8h= +281.3% APRpaid last 24h +0.108%

Price spread now: Polymarket Perps against Binance−0.066%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Polymarket Perps

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—needs both histories

Funding pays, the price is against you. Polymarket Perps is 0.066% cheaper against Binance than usual: you would sell low and buy high (spread −0.066% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2 hours of funding at the current rate (+$77 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance CXMTUSDT	8.6200	−0.4280	get 0.2140% / 4h	3h 16m	$4.5M	$8.9M	20x
Short	Polymarket Perps CXMT-USD	8.6143	−0.1711	pay 0.0214% / 1h	16m 02s	$10K	$47K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Binance. 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 BinancebpFee Polymarket PerpsbpOrdersPrice spread, now −0.066%Rate

Funding earned: $539.4
Price spread: −0.066% → 0.000%: −$6.61
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $514.79
Costs to cover: 0.180%
Break-even: 0.3 days

Slippage unknown: Binance: live order book, 8 min ago; Polymarket Perps: 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 Binance live order book, 8 min ago	1.74 bp	15.8 bp −$16	58.9 bp −$589	doesn't fit	doesn't fit
Sell Polymarket Perps no order-book sample	—	—	—	—	—

Polymarket Perps: 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 CXMTUSDTlong	−0.4280%	4h	8.6200	long leg	$4.5M	$8.9M	20x
Bybit CXMTUSDT	−0.3951%	8h	8.6180	−0.023%	$1.0M	$1.1M	20x	as long as short
Ondo Perps CXMT-USD.P	−0.3225%	1h	8.5809	−0.454%	$29K	$33K	10x	as long as short
OKX CXMT-USDT-SWAP	−0.2897%	8h	8.6200	0.000%	$1.4M	$5.3M	20x	as long as short
Bitget CXMTUSDT	−0.2523%	8h	8.6190	−0.012%	$600K	$825K	20x	as long as short
tradeXYZ xyz:CXMT	−0.2102%	1h	8.6105	−0.110%	$56.2M	$9.1M	10x	as long as short
Gate CXMT_USDT	−0.2072%	1h	8.6090	−0.128%	$5.8M	$13.4M	50x	as long as short
Aster CXMTUSDT	−0.1924%	8h	8.6449	+0.289%	$139K	$100K	20x	as long as short
Polymarket Perps CXMT-USDshort	−0.1711%	1h	8.6143	−0.066%	$10K	$47K	10x
SoDEX CXMT-USD	−0.1109%	1h	8.6120	−0.093%	$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	−0.0640%	1h	8.6148	−0.060%	$101K	$18K	5x	as long as short
Popdex CXMTUSDT	−0.0056%	1h	8.6160	−0.046%	$1K	$115K	20x	as long as short
edgeX CXMTUSDC	−0.0034%	4h	8.6128	−0.083%	$436K	$242K	10x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.6226	+0.030%	$85	$2.4M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6917	+0.832%	$32K	$37K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0069%	1h	8.6500	+0.348%	$8K	$250K	50x	as long as short