Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.1792%/8h= +196.3% APRpaid last 24h +0.308%

Price spread now: HTX against Bybit+0.860%7-day average — · you sell dearer than you buy

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

Long on Bybit 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 +$54 a day on $10k at the current rate, and HTX is 0.860% dearer against Bybit than usual: you sell high and buy low: +$86 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit CXMTUSDT	8.5330	−0.1792	get 0.1792% / 8h	7h 35m	$955K	$1.6M	20x
Short	HTX CXMT-USDT	8.6064	0	get 0.0000% / 4h	3h 35m	$32K	$39K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now +0.860%Rate

Funding earned: $376.4
Price spread: +0.860% → 0.000%: $86.02
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: $439.41
Costs to cover: 0.230%
Break-even: from the start

Slippage unknown: Bybit: live order book, 1 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 Bybit live order book, 1 min ago	2.34 bp	17.4 bp −$17	109.4 bp −$1,094	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	−0.3212%	8h	8.5340	+0.012%	$1.2M	$5.9M	20x	as long as short
Bitget CXMTUSDT	−0.3188%	8h	8.5420	+0.105%	$673K	$1.1M	20x	as long as short
Binance CXMTUSDT	−0.2583%	4h	8.5359	+0.034%	$4.1M	$10.1M	20x	as long as short
Aster CXMTUSDT	−0.2300%	8h	8.5460	+0.152%	$137K	$70K	20x	as long as short
Gate CXMT_USDT	−0.2136%	1h	8.5270	−0.070%	$5.6M	$13.4M	50x	as long as short
Bybit CXMTUSDTlong	−0.1792%	8h	8.5330	long leg	$955K	$1.6M	20x
Ondo Perps CXMT-USD.P	−0.1671%	1h	8.5277	−0.062%	$28K	$41K	10x	as long as short
tradeXYZ xyz:CXMT	−0.1257%	1h	8.5318	−0.014%	$55.6M	$10.0M	10x	as long as short
SoDEX CXMT-USD	−0.0653%	1h	8.5315	−0.018%	$227K	$11K	5x	as long as short
Popdex CXMTUSDT	−0.0096%	1h	8.5370	+0.047%	$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	−0.0016%	1h	8.5463	+0.156%	$100K	$18K	5x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5425	+0.111%	$84	$2.3M	10x	as long as short
HTX CXMT-USDTshort	0.0000%	4h	8.6064	+0.860%	$32K	$39K	10x
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5655	+0.381%	$8K	$48K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5400	+0.082%	$8K	$252K	50x	as long as short