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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0795%/8h= +87.0% APRpaid last 24h +0.139%
Price spread now: ApeX Omni against Aster+0.046%79s7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1731.727% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.400%+$40 on $10k
Price spread, last 4 days (all we have)+0.001%$0 · spread now +0.046%, 7d avg −0.067%
Together, before fees+0.401%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and ApeX Omni is 0.113% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.067%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.400% in total (about 20.8% 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
LongAster CXMTUSDT8.6860−0.1997get 0.1997% / 8h4h 14m$139K$100K20x
ShortApeX Omni CXMTUSDT8.6900−0.1202pay 0.0150% / 1h14m 09s$8K$250K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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
$166.92
Price spread: +0.046% → −0.067%
$11.3
Slippage, 4 orders
−$154.72
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$5.49
Costs to cover
1.727%
Break-even
6.8 days
Slippage from Aster: live order book, 42 min ago; ApeX Omni: live order book, 42 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 Aster live order book, 42 min ago17.24 bp28.4 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 42 min ago40.16 bp60.0 bp −$60258.9 bp −$2,589doesn'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
Bybit CXMTUSDT−0.4596%8h8.6670−0.219%$1.0M$1.0M20xas long as short
Binance CXMTUSDT−0.4302%4h8.68600.000%$4.5M$8.8M20xas long as short
Polymarket Perps CXMT-USD−0.3803%1h8.6728−0.152%$8K$50K10xas long as short
tradeXYZ xyz:CXMT−0.3627%1h8.6650−0.242%$56.4M$8.9M10xas long as short
Popdex CXMTUSDT−0.3272%1h8.6850−0.012%$1K$115K20xas long as short
Gate CXMT_USDT−0.2888%1h8.6600−0.299%$5.9M$13.0M50xas long as short
Ondo Perps CXMT-USD.P−0.2573%1h8.6498−0.417%$29K$33K10xas long as short
SoDEX CXMT-USD−0.2514%1h8.6670−0.219%$230K$9K5xas long as short
OKX CXMT-USDT-SWAP−0.2428%8h8.6710−0.173%$1.5M$5.2M20xas long as short
Bitget CXMTUSDT−0.2303%8h8.6700−0.184%$595K$834K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDTlong−0.1997%8h8.6860long leg$139K$100K20x
Lighter CXMT−0.1448%1h8.6811−0.056%$102K$18K5xas long as short
SunX CXMT-USDT−0.1423%4h8.6920+0.069%$85$2.4M10xas long as short
ApeX Omni CXMTUSDTshort−0.1202%1h8.6900+0.046%$8K$250K50x
edgeX CXMTUSDC−0.0025%4h8.6675−0.213%$438K$242K10xas long as short
HTX CXMT-USDT0.0000%4h8.7640+0.898%$32K$37K10xas long as short