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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.185%
Price spread now: SunX against Bitget−2.187%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.167%+$17 on $10k
Price spread, last 3 days (all we have)+2.142%+$214 · spread now −2.187%, 7d avg +0.057%
Together, before fees+2.309%+$231 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 2.243% cheaper against Bitget than usual: you would sell low and buy high, −$224 on $10k if it goes back to its 7-day average of +0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CXMTUSDT8.52000get 0.0000% / 8h6h 16m$594K$826K20x
ShortSunX CXMT-USDT8.33370get 0.0000% / 4h2h 16m$82$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$0
Price spread: −2.187% → +0.057%
−$224.34
Slippage, 4 orders
−$65.88
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$310.22
Costs to cover
0.859%
Break-even
never at this rate
Slippage from Bitget: live order book, 50 min ago; SunX: live order book, 11 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, 50 min ago1.74 bp7.7 bp −$837.5 bp −$375doesn't fitdoesn't fit
Sell SunX live order book, 11 min ago23.28 bp40.2 bp −$40doesn'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
Polymarket Perps CXMT-USD−0.0337%1h8.5170−0.035%$8K$42K10xas long as short
tradeXYZ xyz:CXMT−0.0127%1h8.5124−0.089%$54.8M$7.2M10xas long as short
edgeX CXMTUSDC−0.0015%4h8.5347+0.172%$432K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.5473+0.320%$165K$72K20xas long as short
Binance CXMTUSDT0.0000%4h8.5156−0.051%$4.2M$7.8M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5120−0.094%$953K$589K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5110−0.106%$1.2M$4.5M20xas long as short
Gate CXMT_USDT0.0000%1h8.5220+0.023%$5.0M$10.8M50xas long as short
Bitget CXMTUSDTlong0.0000%8h8.5200long leg$594K$826K20x
SunX CXMT-USDTshort0.0000%4h8.3337−2.187%$82$2.5M10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CXMT-USDT0.0000%4h8.5813+0.719%$31K$37K10xas long as short
Lighter CXMT+0.0032%1h8.5333+0.156%$100K$21K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.5360+0.188%$5K$111K20xas long as short
SoDEX CXMT-USD+0.0050%1h8.5260+0.070%$227K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5244+0.052%$23K$43K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5300+0.117%$8K$250K50xas long as short