Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.4739%/8h= −518.9% APRpaid last 24h −0.014%

Price spread now: Ondo Perps against SunX+0.022%7-day average — · you sell dearer than you buy

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

Long on SunX Short on Ondo Perps

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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. Ondo Perps is 0.022% dearer against SunX than usual: you sell high and buy low (spread +0.022% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$142 a day in funding at the current rate, which eats that in about under an hour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX CXMT-USDT	8.5765	−0.0031	get 0.0015% / 4h	1h 51m	$84	$2.4M	10x
Short	Ondo Perps CXMT-USD.P	8.5784	−0.4770	pay 0.0596% / 1h	51m 21s	$21K	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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 SunXbpFee Ondo PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: −$995.19
Price spread: +0.022% → 0.000%: $2.22
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$1,005.98
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 5 min ago; Ondo Perps: 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 SunX live order book, 5 min ago	81.13 bp	85.1 bp −$85	117.0 bp −$1,170	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo 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
Popdex CXMTUSDT	−0.8608%	1h	8.5640	−0.146%	$5K	$111K	20x	as long as short
Polymarket Perps CXMT-USD	−0.5857%	1h	8.6292	+0.614%	$9K	$45K	10x	as long as short
tradeXYZ xyz:CXMT	−0.5675%	1h	8.5508	−0.300%	$55.3M	$7.0M	10x	as long as short
SoDEX CXMT-USD	−0.5146%	1h	8.5716	−0.057%	$228K	$9K	5x	as long as short
Ondo Perps CXMT-USD.Pshort	−0.4770%	1h	8.5784	+0.022%	$21K	$25K	10x
Lighter CXMT	−0.3640%	1h	8.6356	+0.689%	$101K	$21K	5x	as long as short
Gate CXMT_USDT	−0.3136%	1h	8.5560	−0.239%	$5.0M	$10.5M	50x	as long as short
Bybit CXMTUSDT	−0.1660%	8h	8.5580	−0.216%	$955K	$579K	20x	as long as short
Binance CXMTUSDT	−0.0439%	4h	8.5630	−0.157%	$4.2M	$7.7M	20x	as long as short
ApeX Omni CXMTUSDT	−0.0260%	1h	8.6700	+1.090%	$8K	$250K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX CXMTUSDC	−0.0080%	4h	8.5725	−0.046%	$434K	$241K	10x	as long as short
SunX CXMT-USDTlong	−0.0031%	4h	8.5765	long leg	$84	$2.4M	10x
Aster CXMTUSDT	0.0000%	8h	8.5850	+0.099%	$166K	$76K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5550	−0.251%	$1.2M	$4.5M	20x	as long as short
Bitget CXMTUSDT	0.0000%	8h	8.5550	−0.251%	$611K	$825K	20x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6256	+0.572%	$31K	$37K	10x	as long as short