Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.5600%/8h= +613.2% APRpaid last 24h +0.165%

Price spread now: HTX against Popdex+0.883%7-day average — · you sell dearer than you buy

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

Long on Popdex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 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 +$168 a day on $10k at the current rate, and HTX is 0.883% dearer against Popdex than usual: you sell high and buy low: +$88 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	Popdex CXMTUSDT	8.6230	−0.5600	get 0.0700% / 1h	8m 26s	$2K	$116K	20x
Short	HTX CXMT-USDT	8.6991	0	get 0.0000% / 4h	2h 08m	$32K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Popdex. 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 PopdexbpFee HTXbpOrdersPrice spread, now +0.883%Rate

Funding earned: $1,176
Price spread: +0.883% → 0.000%: $88.25
Slippage, 4 orders: no order book: not counted
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee HTX: 6 bp × 2 orders: −$12
Net: $1,245.85
Costs to cover: 0.184%
Break-even: from the start

Slippage unknown: Popdex: live order book, 40 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 Popdex live order book, 40 min ago	9.26 bp	22.1 bp −$22	doesn't fit	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
Popdex CXMTUSDTlong	−0.5600%	1h	8.6230	long leg	$2K	$116K	20x
Binance CXMTUSDT	−0.4884%	4h	8.6230	0.000%	$4.3M	$9.1M	20x	as long as short
Bybit CXMTUSDT	−0.4227%	8h	8.6270	+0.046%	$1.1M	$1.1M	20x	as long as short
OKX CXMT-USDT-SWAP	−0.3931%	8h	8.6170	−0.070%	$1.3M	$5.3M	20x	as long as short
tradeXYZ xyz:CXMT	−0.3777%	1h	8.6143	−0.101%	$56.3M	$9.4M	10x	as long as short
Polymarket Perps CXMT-USD	−0.3559%	1h	8.6371	+0.164%	$8K	$51K	10x	as long as short
Bitget CXMTUSDT	−0.3492%	8h	8.6210	−0.023%	$610K	$847K	20x	as long as short
Ondo Perps CXMT-USD.P	−0.3313%	1h	8.6250	+0.023%	$29K	$33K	10x	as long as short
Gate CXMT_USDT	−0.3304%	1h	8.6100	−0.151%	$5.7M	$14.0M	50x	as long as short
SoDEX CXMT-USD	−0.2965%	1h	8.6208	−0.026%	$229K	$9K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster CXMTUSDT	−0.2857%	8h	8.6173	−0.066%	$138K	$105K	20x	as long as short
ApeX Omni CXMTUSDT	−0.2577%	1h	8.6600	+0.429%	$8K	$251K	50x	as long as short
Lighter CXMT	−0.2200%	1h	8.6308	+0.090%	$101K	$18K	5x	as long as short
SunX CXMT-USDT	−0.1672%	4h	8.6300	+0.081%	$85	$2.4M	10x	as long as short
edgeX CXMTUSDC	−0.0045%	4h	8.6297	+0.078%	$437K	$241K	10x	as long as short
HTX CXMT-USDTshort	0.0000%	4h	8.6991	+0.883%	$32K	$38K	10x