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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0935%/8h= +102.3% APRnext payment +$9.35 per $10,000 · paid last 24h +0.069%
Price spread now: Aster against Bitget+0.443%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1641.636% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.027%−$3 on $10k
Price spread, last 4 days (all we have)−0.357%−$36 · spread now +0.443%, 7d avg +0.017%
Together, before fees−0.384%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Aster is 0.427% dearer against Bitget than usual: you sell high and buy low: +$43 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.027% in total (about -1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CXMTUSDT8.5070−0.3199get 0.3199% / 8h7h 30m$672K$1.1M20x
ShortAster CXMTUSDT8.5447−0.2264pay 0.2264% / 8h7h 30m$137K$71K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bitget. 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
$196.28
Price spread: +0.443% → +0.017%
$42.68
Slippage, 4 orders
−$143.58
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$75.39
Costs to cover
1.636%
Break-even
4.3 days
Slippage from Bitget: live order book, 1 min ago; Aster: live order book, 1 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 Bitget live order book, 1 min ago2.94 bp25.6 bp −$2653.3 bp −$533doesn't fitdoesn't fit
Sell Aster live order book, 1 min ago23.22 bp73.0 bp −$73doesn'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
OKX CXMT-USDT-SWAP−0.3230%8h8.5030−0.047%$1.2M$5.9M20xas long as short
Bitget CXMTUSDTlong−0.3199%8h8.5070long leg$672K$1.1M20x
Binance CXMTUSDT−0.2611%4h8.5099+0.034%$4.1M$10.1M20xas long as short
Bybit CXMTUSDT−0.2391%8h8.50700.000%$944K$1.6M20xas long as short
Gate CXMT_USDT−0.2320%1h8.4980−0.106%$5.6M$13.4M50xas long as short
Aster CXMTUSDTshort−0.2264%8h8.5447+0.443%$137K$71K20x
Ondo Perps CXMT-USD.P−0.1956%1h8.5250+0.212%$28K$41K10xas long as short
tradeXYZ xyz:CXMT−0.1458%1h8.5131+0.072%$55.5M$10.1M10xas long as short
SoDEX CXMT-USD−0.0917%1h8.5095+0.029%$226K$12K5xas long as short
Lighter CXMT−0.0208%1h8.5263+0.227%$100K$18K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT−0.0200%1h8.50700.000%$2K$115K20xas long as short
edgeX CXMTUSDC−0.0019%4h8.5196+0.148%$456K$268K10xas long as short
SunX CXMT-USDT0.0000%4h8.5200+0.153%$83$2.3M10xas long as short
HTX CXMT-USDT0.0000%4h8.5812+0.872%$31K$39K10xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5600+0.623%$8K$48K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5100+0.035%$8K$252K50xas long as short