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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.110%
Price spread now: Binance against SoDEX+0.121%7-day average +0.155% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$860.859% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.200%−$20 on $10k
Price spread, last 2 days (all we have)+0.140%+$14 · spread now +0.121%, 7d avg +0.155%
Together, before fees−0.060%−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.034% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.155%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX CXMT-USD8.58660.0050pay 0.0006% / 1h21m 49s$228K$9K5x
ShortBinance CXMTUSDT8.59700get 0.0000% / 4h3h 21m$4.0M$8.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
−$10.5
Price spread: +0.121% → +0.155%
−$3.37
Slippage, 4 orders
−$67.86
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$99.73
Costs to cover
0.859%
Break-even
never at this rate
Slippage from SoDEX: live order book, 52 min ago; Binance: live order book, 3 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, 52 min ago1.98 bp28.9 bp −$291530.3 bp −$15.3Kdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago1.75 bp15.2 bp −$1548.1 bp −$481doesn'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
Polymarket Perps CXMT-USD−0.0099%1h8.5783−0.097%$8K$46K10xas long as short
edgeX CXMTUSDC−0.0002%4h8.5889+0.027%$434K$240K10xas long as short
Aster CXMTUSDT0.0000%8h8.6085+0.255%$167K$72K20xas long as short
Binance CXMTUSDTshort0.0000%4h8.5970+0.121%$4.0M$8.7M20x
Bybit CXMTUSDT0.0000%8h8.5940+0.086%$965K$654K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5950+0.098%$1.2M$5.3M20xas long as short
Bitget CXMTUSDT0.0000%8h8.5920+0.063%$581K$890K20xas long as short
SunX CXMT-USDT0.0000%4h8.6041+0.204%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6467+0.700%$31K$37K10xas long as short
Lighter CXMT+0.0032%1h8.5976+0.128%$102K$24K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT+0.0048%1h8.5950+0.098%$5K$111K20xas long as short
Gate CXMT_USDT+0.0048%1h8.5890+0.028%$4.8M$12.6M50xas long as short
tradeXYZ xyz:CXMT+0.0050%1h8.5859−0.008%$55.2M$8.2M10xas long as short
SoDEX CXMT-USDlong+0.0050%1h8.5866long leg$228K$9K5x
Ondo Perps CXMT-USD.P+0.0050%1h8.58660.000%$23K$50K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.6000+0.156%$8K$250K50xas long as short