Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.2418%/8h= −264.7% APRpaid last 24h −0.171%

Price spread now: tradeXYZ against HTX−0.843%7-day average — · you buy dearer than you sell

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

Long on HTX Short on tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$73 a day on $10k at the current rate, and tradeXYZ is 0.843% cheaper against HTX than usual: you would sell low and buy high (−$84 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CXMT-USDT	8.6562	0	get 0.0000% / 4h	1h 23m	$32K	$39K	10x
Short	tradeXYZ xyz:CXMT	8.5832	−0.2418	pay 0.0302% / 1h	23m 04s	$55.9M	$9.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against HTX. 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 HTXbpFee tradeXYZbpOrdersPrice spread, now −0.843%Rate

Funding earned: −$507.69
Price spread: −0.843% → 0.000%: −$84.33
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$622.02
Costs to cover: 0.300%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 6 min ago. 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 HTX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 6 min ago	1.92 bp	16.5 bp −$17	doesn't fit	doesn't fit	doesn't fit

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
Binance CXMTUSDT	−0.4423%	4h	8.5939	−0.720%	$4.2M	$9.5M	20x	as long as short
OKX CXMT-USDT-SWAP	−0.4128%	8h	8.5980	−0.672%	$1.4M	$5.6M	20x	as long as short
Bybit CXMTUSDT	−0.3977%	8h	8.5950	−0.707%	$1.1M	$1.1M	20x	as long as short
Bitget CXMTUSDT	−0.3677%	8h	8.5940	−0.719%	$626K	$848K	20x	as long as short
Aster CXMTUSDT	−0.3184%	8h	8.5928	−0.732%	$138K	$87K	20x	as long as short
Gate CXMT_USDT	−0.2824%	1h	8.5700	−0.996%	$5.7M	$13.5M	50x	as long as short
Popdex CXMTUSDT	−0.2792%	1h	8.5880	−0.788%	$2K	$116K	20x	as long as short
Polymarket Perps CXMT-USD	−0.2620%	1h	8.5830	−0.846%	$8K	$49K	10x	as long as short
tradeXYZ xyz:CXMTshort	−0.2418%	1h	8.5832	−0.843%	$55.9M	$9.7M	10x
Ondo Perps CXMT-USD.P	−0.1927%	1h	8.5721	−0.972%	$29K	$33K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX CXMT-USD	−0.1563%	1h	8.5880	−0.788%	$228K	$9K	5x	as long as short
SunX CXMT-USDT	−0.0980%	4h	8.5975	−0.678%	$84	$2.4M	10x	as long as short
Lighter CXMT	−0.0696%	1h	8.5876	−0.792%	$101K	$18K	5x	as long as short
ApeX Omni CXMTUSDT	−0.0244%	1h	8.6100	−0.534%	$8K	$251K	50x	as long as short
edgeX CXMTUSDC	−0.0077%	4h	8.5683	−1.015%	$459K	$266K	10x	as long as short
HTX CXMT-USDTlong	0.0000%	4h	8.6562	long leg	$32K	$39K	10x