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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0815%/8h= +89.3% APRpaid last 24h +0.036%
Price spread now: SoDEX against Aster−0.382%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1651.650% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.068%+$7 on $10k
Price spread, last 4 days (all we have)+0.546%+$55 · spread now −0.382%, 7d avg −0.143%
Together, before fees+0.614%+ Points / potential airdropAster: Stage 5 · farm board+$61 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.239% cheaper against Aster than usual: you would sell low and buy high (spread −0.382% now, against its 7-day average of −0.143%). If the spread goes back, that is −$24 on $10k: about 23 hours of funding at the current rate (+$24 a day). At the pace of the last 3 days (+0.068% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.068% in total (about 7.4% 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 CXMTUSDT8.6450−0.1924get 0.1924% / 8h3h 16m$139K$100K20x
ShortSoDEX CXMT-USD8.6120−0.1109pay 0.0139% / 1h16m 11s$229K$9K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$171.24
Price spread: −0.382% → −0.143%
−$23.92
Slippage, 4 orders
−$149
Fee Aster: 4 bp × 2 orders
−$8
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$17.68
Costs to cover
1.650%
Break-even
7.7 days
Slippage from Aster: live order book, 35 min ago; SoDEX: live order book, 37 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, 35 min ago23.72 bp63.6 bp −$64108.0 bp −$1,080doesn't fitdoesn't fit
Sell SoDEX live order book, 37 min ago1.56 bp28.3 bp −$28doesn't fitdoesn'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−0.4280%4h8.6170−0.324%$4.5M$8.9M20xas long as short
Bybit CXMTUSDT−0.3951%8h8.6170−0.324%$1.0M$1.1M20xas long as short
Ondo Perps CXMT-USD.P−0.3225%1h8.5809−0.742%$29K$33K10xas long as short
OKX CXMT-USDT-SWAP−0.2897%8h8.6170−0.324%$1.4M$5.3M20xas long as short
Bitget CXMTUSDT−0.2523%8h8.6180−0.313%$600K$825K20xas long as short
tradeXYZ xyz:CXMT−0.2102%1h8.6105−0.399%$56.2M$9.1M10xas long as short
Gate CXMT_USDT−0.2072%1h8.6090−0.417%$5.8M$13.4M50xas long as short
Aster CXMTUSDTlong−0.1924%8h8.6450long leg$139K$100K20x
Polymarket Perps CXMT-USD−0.1711%1h8.6143−0.355%$10K$47K10xas long as short
SoDEX CXMT-USDshort−0.1109%1h8.6120−0.382%$229K$9K5x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMT−0.0640%1h8.6148−0.350%$101K$18K5xas long as short
Popdex CXMTUSDT−0.0056%1h8.6160−0.336%$1K$115K20xas long as short
edgeX CXMTUSDC−0.0034%4h8.6128−0.373%$436K$242K10xas long as short
SunX CXMT-USDT0.0000%4h8.6226−0.259%$85$2.4M10xas long as short
HTX CXMT-USDT0.0000%4h8.6917+0.540%$32K$37K10xas long as short
ApeX Omni CXMTUSDT+0.0069%1h8.6500+0.057%$8K$250K50xas long as short