Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0557%/8h= −61.0% APRpaid last 24h −0.050%

Price spread now: Binance against Polymarket Perps+0.152%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Binance

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

The price spread pays, funding is against you. Binance is 0.152% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.152% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps CXMT-USD	8.6728	−0.3756	get 0.0470% / 1h	12m 23s	$8K	$51K	10x
Short	Binance CXMTUSDT	8.6860	−0.4313	pay 0.2156% / 4h	12m 23s	$4.5M	$8.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.152%Rate

Funding earned: −$116.94
Price spread: +0.152% → 0.000%: $15.22
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$119.72
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Polymarket Perps: no order-book sample; Binance: live order book, 12 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 12 min ago	1.15 bp	18.3 bp −$18	52.8 bp −$528	doesn't fit	doesn't fit

Polymarket Perps: 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
Bybit CXMTUSDT	−0.4586%	8h	8.6660	−0.078%	$1.0M	$1.0M	20x	as long as short
Binance CXMTUSDTshort	−0.4313%	4h	8.6860	+0.152%	$4.5M	$8.7M	20x
Polymarket Perps CXMT-USDlong	−0.3756%	1h	8.6728	long leg	$8K	$51K	10x
tradeXYZ xyz:CXMT	−0.3591%	1h	8.6665	−0.073%	$56.4M	$9.0M	10x	as long as short
Popdex CXMTUSDT	−0.3160%	1h	8.6820	+0.106%	$1K	$115K	20x	as long as short
Gate CXMT_USDT	−0.2864%	1h	8.6590	−0.159%	$5.9M	$13.0M	50x	as long as short
Ondo Perps CXMT-USD.P	−0.2567%	1h	8.6805	+0.089%	$29K	$33K	10x	as long as short
SoDEX CXMT-USD	−0.2486%	1h	8.6635	−0.107%	$230K	$9K	5x	as long as short
OKX CXMT-USDT-SWAP	−0.2440%	8h	8.6710	−0.021%	$1.5M	$5.2M	20x	as long as short
Bitget CXMTUSDT	−0.2318%	8h	8.6680	−0.055%	$595K	$829K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CXMTUSDT	−0.2005%	8h	8.6860	+0.152%	$139K	$100K	20x	as long as short
Lighter CXMT	−0.1440%	1h	8.6786	+0.067%	$102K	$18K	5x	as long as short
SunX CXMT-USDT	−0.1403%	4h	8.6899	+0.197%	$85	$2.4M	10x	as long as short
ApeX Omni CXMTUSDT	−0.1125%	1h	8.7200	+0.544%	$8K	$250K	50x	as long as short
edgeX CXMTUSDC	−0.0051%	4h	8.6653	−0.086%	$438K	$242K	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.7640	+1.052%	$32K	$37K	10x	as long as short