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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0493%/8h= +53.9% APRpaid last 24h −0.025%
Price spread now: Aster against SoDEX+0.005%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.055%−$6 on $10k
Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.005%, 7d avg +0.147%
Together, before fees−0.167%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.142% cheaper against SoDEX than usual: you would sell low and buy high (spread +0.005% now, against its 7-day average of +0.147%). If the spread goes back, that is −$14 on $10k: about 23 hours of funding at the current rate (+$15 a day). Mind the row above: over the last 3 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.055% in total (about -6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CXMT-USD8.6298−0.2546get 0.0318% / 1h45m 00s$229K$9K5x
ShortAster CXMTUSDT8.6302−0.2054pay 0.2054% / 8h2h 45m$138K$105K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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
$103.43
Price spread: +0.005% → +0.147%
−$14.23
Slippage, 4 orders
−$99.67
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.47
Costs to cover
1.157%
Break-even
8.8 days
Slippage from SoDEX: live order book, 3 min ago; Aster: live order book, 1 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 SoDEX live order book, 3 min ago1.79 bp28.3 bp −$281500.1 bp −$15.0Kdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago8.69 bp25.8 bp −$26155.6 bp −$1,556doesn'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
Popdex CXMTUSDT−0.4336%1h8.6270−0.032%$1K$115K20xas long as short
Binance CXMTUSDT−0.4234%4h8.6377+0.092%$4.4M$9.1M20xas long as short
Bybit CXMTUSDT−0.3814%8h8.6320+0.025%$1.0M$1.1M20xas long as short
tradeXYZ xyz:CXMT−0.3422%1h8.6232−0.076%$56.2M$9.3M10xas long as short
OKX CXMT-USDT-SWAP−0.3186%8h8.6180−0.137%$1.4M$5.3M20xas long as short
Polymarket Perps CXMT-USD−0.2978%1h8.6299+0.001%$8K$52K10xas long as short
Bitget CXMTUSDT−0.2769%8h8.6350+0.060%$604K$839K20xas long as short
Ondo Perps CXMT-USD.P−0.2646%1h8.6430+0.153%$29K$33K10xas long as short
SoDEX CXMT-USDlong−0.2546%1h8.6298long leg$229K$9K5x
Gate CXMT_USDT−0.2080%1h8.6220−0.090%$5.7M$13.3M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDTshort−0.2054%8h8.6302+0.005%$138K$105K20x
ApeX Omni CXMTUSDT−0.1880%1h8.6700+0.466%$8K$252K50xas long as short
Lighter CXMT−0.1728%1h8.6402+0.121%$101K$17K5xas long as short
SunX CXMT-USDT−0.0053%4h8.6375+0.089%$85$2.4M10xas long as short
edgeX CXMTUSDC−0.0027%4h8.6313+0.017%$437K$243K10xas long as short
HTX CXMT-USDT0.0000%4h8.7056+0.878%$32K$38K10xas long as short