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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0014%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h −0.041%
Price spread now: SunX against edgeX+0.257%46s7-day average +0.204% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1321.318% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.056%+$6 on $10k
Price spread, last 4 days (all we have)−0.257%−$26 · spread now +0.257%, 7d avg +0.204%
Together, before fees−0.201%+ Points / potential airdropedgeX: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and SunX is 0.053% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.204%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.6263−0.0014get 0.0007% / 4h3h 41m$436K$241K10x
ShortSunX CXMT-USDT8.64850get 0.0000% / 4h3h 41m$85$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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
$3.03
Price spread: +0.257% → +0.204%
$5.34
Slippage, 4 orders
−$114.75
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$123.39
Costs to cover
1.318%
Break-even
292.2 days
Slippage from edgeX: live order book, 12 min ago; SunX: live order book, 5 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 edgeX live order book, 12 min ago11.98 bp39.2 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago22.73 bp43.0 bp −$4372.8 bp −$728doesn'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
Binance CXMTUSDT−0.4468%4h8.6392+0.150%$4.5M$8.8M20xas long as short
Bybit CXMTUSDT−0.4334%8h8.6330+0.078%$1.0M$1.1M20xas long as short
Ondo Perps CXMT-USD.P−0.3466%1h8.6384+0.140%$29K$33K10xas long as short
OKX CXMT-USDT-SWAP−0.2776%8h8.6320+0.066%$1.4M$5.2M20xas long as short
tradeXYZ xyz:CXMT−0.2556%1h8.6249−0.016%$56.3M$9.1M10xas long as short
Bitget CXMTUSDT−0.2488%8h8.6460+0.228%$603K$822K20xas long as short
Polymarket Perps CXMT-USD−0.2474%1h8.6306+0.050%$10K$47K10xas long as short
Gate CXMT_USDT−0.2416%1h8.6260−0.003%$5.8M$13.2M50xas long as short
Aster CXMTUSDT−0.2056%8h8.6666+0.467%$139K$100K20xas long as short
SoDEX CXMT-USD−0.1630%1h8.6365+0.118%$230K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMT−0.1128%1h8.6364+0.117%$102K$18K5xas long as short
ApeX Omni CXMTUSDT−0.0502%1h8.6400+0.159%$8K$249K50xas long as short
Popdex CXMTUSDT−0.0264%1h8.6390+0.147%$1K$115K20xas long as short
edgeX CXMTUSDClong−0.0014%4h8.6263long leg$436K$241K10x
SunX CXMT-USDTshort0.0000%4h8.6485+0.257%$85$2.4M10x
HTX CXMT-USDT0.0000%4h8.6968+0.817%$32K$37K10xas long as short