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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.3808%/8h= +417.0% APRpaid last 24h −0.072%
Price spread now: Bitget against tradeXYZ+0.208%7-day average +0.140% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.208%, 7d avg +0.140%
Together, before fees−0.112%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$114 a day on $10k at the current rate, and Bitget is 0.068% dearer against tradeXYZ than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.140%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.3% 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
LongtradeXYZ xyz:CXMT8.6700−0.4538get 0.0567% / 1h24m 15s$56.1M$7.0M10x
ShortBitget CXMTUSDT8.6880−0.0730pay 0.0730% / 8h5h 24m$616K$806K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
$799.68
Price spread: +0.208% → +0.140%
$6.79
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
$776.46
Costs to cover
0.300%
Break-even
0.2 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Bitget: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago1.86 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 36 min ago2.92 bp21.1 bp −$2158.9 bp −$589doesn'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−0.6808%1h8.6780+0.092%$5K$111K20xas long as short
Polymarket Perps CXMT-USD−0.4672%1h8.6976+0.318%$8K$47K10xas long as short
tradeXYZ xyz:CXMTlong−0.4538%1h8.6700long leg$56.1M$7.0M10x
Ondo Perps CXMT-USD.P−0.3898%1h8.5985−0.825%$29K$33K10xas long as short
SoDEX CXMT-USD−0.3287%1h8.6755+0.063%$231K$9K5xas long as short
Bybit CXMTUSDT−0.3113%8h8.6820+0.138%$968K$592K20xas long as short
Gate CXMT_USDT−0.3048%1h8.6610−0.104%$5.4M$11.2M50xas long as short
Lighter CXMT−0.2856%1h8.7054+0.408%$102K$21K5xas long as short
Binance CXMTUSDT−0.2071%4h8.6888+0.217%$4.3M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.1594%1h8.6300−0.461%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.1061%4h8.6941+0.278%$85$2.4M10xas long as short
Bitget CXMTUSDTshort−0.0730%8h8.6880+0.208%$616K$806K20x
OKX CXMT-USDT-SWAP−0.0705%8h8.6790+0.104%$1.3M$4.6M20xas long as short
Aster CXMTUSDT−0.0585%8h8.6800+0.115%$157K$78K20xas long as short
edgeX CXMTUSDC−0.0083%4h8.6137−0.649%$436K$240K10xas long as short
HTX CXMT-USDT0.0000%4h8.7236+0.618%$32K$37K10xas long as short