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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h +0.092%
Price spread now: SoDEX against OKX−0.006%7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$780.781% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.068%−$7 on $10k
Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.006%, 7d avg −0.084%
Together, before fees−0.104%−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.078% dearer against OKX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.084%. Mind the row above: over the last 3 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.6710−0.2462get 0.2462% / 8h4h 11m$1.5M$5.2M20x
ShortSoDEX CXMT-USD8.6705−0.2421pay 0.0303% / 1h11m 09s$231K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against OKX. 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
$8.76
Price spread: −0.006% → −0.084%
$7.84
Slippage, 4 orders
−$60.09
Fee OKX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$61.49
Costs to cover
0.781%
Break-even
56.1 days
Slippage from OKX: live order book, 2 min ago; SoDEX: live order book, 47 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 OKX live order book, 2 min ago2.88 bp9.9 bp −$1073.8 bp −$738doesn't fitdoesn't fit
Sell SoDEX live order book, 47 min ago0.81 bp27.4 bp −$27doesn'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
Bybit CXMTUSDT−0.4575%8h8.6720+0.012%$1.0M$1.0M20xas long as short
Binance CXMTUSDT−0.4318%4h8.6900+0.219%$4.5M$8.7M20xas long as short
Polymarket Perps CXMT-USD−0.3729%1h8.6666−0.051%$8K$51K10xas long as short
tradeXYZ xyz:CXMT−0.3555%1h8.6673−0.043%$56.4M$9.0M10xas long as short
Popdex CXMTUSDT−0.3096%1h8.6870+0.185%$1K$115K20xas long as short
Gate CXMT_USDT−0.2840%1h8.6650−0.069%$5.9M$13.0M50xas long as short
Ondo Perps CXMT-USD.P−0.2560%1h8.6805+0.110%$29K$33K10xas long as short
OKX CXMT-USDT-SWAPlong−0.2462%8h8.6710long leg$1.5M$5.2M20x
SoDEX CXMT-USDshort−0.2421%1h8.6705−0.006%$231K$9K5x
Bitget CXMTUSDT−0.2324%8h8.6750+0.046%$596K$829K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDT−0.2011%8h8.6860+0.173%$139K$100K20xas long as short
Lighter CXMT−0.1408%1h8.6771+0.070%$102K$18K5xas long as short
SunX CXMT-USDT−0.1363%4h8.6947+0.273%$85$2.4M10xas long as short
ApeX Omni CXMTUSDT−0.1125%1h8.7200+0.565%$8K$250K50xas long as short
edgeX CXMTUSDC−0.0051%4h8.6653−0.065%$438K$242K10xas long as short
HTX CXMT-USDT0.0000%4h8.7447+0.850%$32K$37K10xas long as short