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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.3430%/8h= −375.6% APRpaid last 24h −0.150%
Price spread now: Bitget against ApeX Omni−0.314%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$179as in the Price arb table
costs, in and out, $10k−$1431.433% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.290%−$29 on $10k
Price spread, last 4 days (all we have)+0.487%+$49 · spread now −0.314%, 7d avg +0.045%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$103 a day on $10k at the current rate, and Bitget is 0.358% cheaper against ApeX Omni than usual: you would sell low and buy high (−$36 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.290% in total (about -15.1% 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
LongApeX Omni CXMTUSDT8.6100−0.0247get 0.0031% / 1h27m 10s$8K$251K50x
ShortBitget CXMTUSDT8.5830−0.3677pay 0.3677% / 8h1h 27m$621K$850K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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
−$720.36
Price spread: −0.314% → +0.045%
−$35.84
Slippage, 4 orders
−$121.3
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$899.49
Costs to cover
1.433%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Bitget: live order book, 13 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 ApeX Omni live order book, 14 min ago34.97 bp55.0 bp −$55245.6 bp −$2,456doesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago2.91 bp16.9 bp −$1740.0 bp −$400doesn'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
Binance CXMTUSDT−0.4485%4h8.5780−0.372%$4.2M$9.4M20xas long as short
OKX CXMT-USDT-SWAP−0.4135%8h8.5830−0.314%$1.3M$5.5M20xas long as short
Bybit CXMTUSDT−0.4016%8h8.5780−0.372%$1.1M$1.1M20xas long as short
Bitget CXMTUSDTshort−0.3677%8h8.5830−0.314%$621K$850K20x
Aster CXMTUSDT−0.3174%8h8.5890−0.244%$138K$87K20xas long as short
Popdex CXMTUSDT−0.2872%1h8.5790−0.360%$2K$116K20xas long as short
Gate CXMT_USDT−0.2856%1h8.5590−0.592%$5.7M$13.5M50xas long as short
Polymarket Perps CXMT-USD−0.2646%1h8.5763−0.391%$8K$49K10xas long as short
tradeXYZ xyz:CXMT−0.2456%1h8.5683−0.484%$55.8M$9.9M10xas long as short
Ondo Perps CXMT-USD.P−0.1985%1h8.5890−0.244%$29K$33K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX CXMT-USD−0.1639%1h8.5754−0.402%$228K$9K5xas long as short
SunX CXMT-USDT−0.1056%4h8.5850−0.290%$84$2.4M10xas long as short
Lighter CXMT−0.0776%1h8.5777−0.375%$101K$18K5xas long as short
ApeX Omni CXMTUSDTlong−0.0247%1h8.6100long leg$8K$251K50x
edgeX CXMTUSDC−0.0005%4h8.5707−0.456%$459K$266K10xas long as short
HTX CXMT-USDT0.0000%4h8.6343+0.282%$32K$39K10xas long as short