Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.3188%/8h= +349.1% APRpaid last 24h +0.327%

Price spread now: HTX against Bitget+0.819%46s7-day average — · you sell dearer than you buy

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

Long on Bitget 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—needs both histories

Both sides work for this trade now. Funding pays +$96 a day on $10k at the current rate, and HTX is 0.819% dearer against Bitget than usual: you sell high and buy low: +$82 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CXMTUSDT	8.5440	−0.3188	get 0.3188% / 8h	7h 36m	$673K	$1.1M	20x
Short	HTX CXMT-USDT	8.6140	0	get 0.0000% / 4h	3h 36m	$32K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.819%Rate

Funding earned: $669.48
Price spread: +0.819% → 0.000%: $81.93
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $727.41
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago	2.93 bp	19.2 bp −$19	63.0 bp −$630	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
OKX CXMT-USDT-SWAP	−0.3215%	8h	8.5350	−0.105%	$1.2M	$5.9M	20x	as long as short
Bitget CXMTUSDTlong	−0.3188%	8h	8.5440	long leg	$673K	$1.1M	20x
Binance CXMTUSDT	−0.2583%	4h	8.5380	−0.070%	$4.1M	$10.1M	20x	as long as short
Aster CXMTUSDT	−0.2300%	8h	8.5460	+0.023%	$137K	$70K	20x	as long as short
Gate CXMT_USDT	−0.2112%	1h	8.5290	−0.176%	$5.6M	$13.4M	50x	as long as short
Bybit CXMTUSDT	−0.1715%	8h	8.5370	−0.082%	$956K	$1.6M	20x	as long as short
Ondo Perps CXMT-USD.P	−0.1619%	1h	8.5277	−0.191%	$28K	$41K	10x	as long as short
tradeXYZ xyz:CXMT	−0.1212%	1h	8.5353	−0.102%	$55.6M	$10.0M	10x	as long as short
SoDEX CXMT-USD	−0.0552%	1h	8.5365	−0.088%	$227K	$11K	5x	as long as short
Popdex CXMTUSDT	−0.0072%	1h	8.5380	−0.070%	$2K	$115K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CXMTUSDC	−0.0025%	4h	8.5385	−0.064%	$458K	$267K	10x	as long as short
Lighter CXMT	0.0000%	1h	8.5504	+0.075%	$100K	$18K	5x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5460	+0.023%	$84	$2.3M	10x	as long as short
HTX CXMT-USDTshort	0.0000%	4h	8.6140	+0.819%	$32K	$39K	10x
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5667	+0.266%	$8K	$48K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5700	+0.304%	$8K	$252K	50x	as long as short