Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.155%

Price spread now: Ondo Perps against Bitget+0.146%50s7-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 Ondo 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.146% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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	8.5120	0	get 0.0000% / 8h	6h 15m	$593K	$827K	20x
Short	Ondo Perps CXMT-USD.P	8.5244	0.0050	get 0.0006% / 1h	15m 49s	$23K	$43K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now +0.146%Rate

Funding earned: $10.58
Price spread: +0.146% → 0.000%: $14.57
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $8.15
Costs to cover: 0.170%
Break-even: 1.6 days

Slippage unknown: Bitget: live order book, 50 min ago; Ondo 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 Bitget live order book, 50 min ago	1.74 bp	7.7 bp −$8	37.5 bp −$375	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
Polymarket Perps CXMT-USD	−0.0337%	1h	8.5170	+0.059%	$8K	$42K	10x	as long as short
tradeXYZ xyz:CXMT	−0.0127%	1h	8.5124	+0.005%	$54.8M	$7.2M	10x	as long as short
edgeX CXMTUSDC	−0.0015%	4h	8.5347	+0.267%	$432K	$241K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5419	+0.351%	$165K	$72K	20x	as long as short
Binance CXMTUSDT	0.0000%	4h	8.5192	+0.084%	$4.2M	$7.8M	20x	as long as short
Bybit CXMTUSDT	0.0000%	8h	8.5110	−0.012%	$953K	$590K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5110	−0.012%	$1.2M	$4.5M	20x	as long as short
Gate CXMT_USDT	0.0000%	1h	8.5080	−0.047%	$5.0M	$10.8M	50x	as long as short
Bitget CXMTUSDTlong	0.0000%	8h	8.5120	long leg	$593K	$827K	20x
SunX CXMT-USDT	0.0000%	4h	8.3337	−2.095%	$82	$2.5M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX CXMT-USDT	0.0000%	4h	8.5813	+0.814%	$31K	$37K	10x	as long as short
Lighter CXMT	+0.0032%	1h	8.5333	+0.250%	$100K	$21K	5x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5360	+0.282%	$5K	$111K	20x	as long as short
SoDEX CXMT-USD	+0.0050%	1h	8.5260	+0.164%	$227K	$9K	5x	as long as short
Ondo Perps CXMT-USD.Pshort	+0.0050%	1h	8.5244	+0.146%	$23K	$43K	10x
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5300	+0.211%	$8K	$250K	50x	as long as short