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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.105%
Price spread now: SoDEX against ApeX Omni−0.123%74s7-day average −0.084% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1731.728% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.166%−$17 on $10k
Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.123%, 7d avg −0.084%
Together, before fees+0.048%+$5 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 SoDEX is 0.039% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.084%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni CXMTUSDT8.56000.0100pay 0.0013% / 1h3m 40s$8K$253K50x
ShortSoDEX CXMT-USD8.54950.0050get 0.0006% / 1h3m 40s$227K$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: −0.123% → −0.084%
−$3.88
Slippage, 4 orders
−$154.82
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$187.2
Costs to cover
1.728%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 46 min ago; SoDEX: live order book, 48 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, 46 min ago35.17 bp55.2 bp −$55241.3 bp −$2,413doesn't fitdoesn't fit
Sell SoDEX live order book, 48 min ago2.64 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit

CXMT on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CXMTUSDT−0.2035%8h8.5550−0.058%$662K$1.1M20xas long as short
OKX CXMT-USDT-SWAP−0.2019%8h8.5510−0.105%$1.1M$5.9M20xas long as short
Aster CXMTUSDT−0.1273%8h8.5438−0.189%$136K$71K20xas long as short
Binance CXMTUSDT−0.0784%4h8.5560−0.047%$4.0M$10.3M20xas long as short
Gate CXMT_USDT−0.0568%1h8.5530−0.082%$5.2M$14.2M50xas long as short
Ondo Perps CXMT-USD.P−0.0461%1h8.5602+0.002%$28K$41K10xas long as short
edgeX CXMTUSDC−0.0097%4h8.5519−0.095%$458K$267K10xas long as short
Bybit CXMTUSDT0.0000%8h8.5520−0.093%$919K$1.6M20xas long as short
SunX CXMT-USDT0.0000%4h8.5620+0.023%$84$1.7M10xas long as short
HTX CXMT-USDT0.0000%4h8.6342+0.867%$32K$39K10xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMT+0.0032%1h8.5579−0.025%$100K$16K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.56000.000%$2K$114K20xas long as short
tradeXYZ xyz:CXMT+0.0050%1h8.5497−0.120%$55.7M$10.0M10xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5360−0.280%$8K$45K10xas long as short
SoDEX CXMT-USDshort+0.0050%1h8.5495−0.123%$227K$12K5x
ApeX Omni CXMTUSDTlong+0.0100%1h8.5600long leg$8K$253K50x