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

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0920%/8h= −100.8% APRpaid last 24h −0.020%
Price spread now: tradeXYZ against Aster−0.035%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$840.845% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.011%−$1 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now −0.035%, 7d avg −0.156%
Together, before fees−0.108%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.121% dearer against Aster than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.156%): +$12 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.011% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.011% in total (about -0.5% 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 CXMTUSDT8.6173−0.2857get 0.2857% / 8h2h 08m$138K$105K20x
ShorttradeXYZ xyz:CXMT8.6143−0.3777pay 0.0472% / 1h8m 26s$56.3M$9.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$193.23
Price spread: −0.035% → −0.156%
$12.12
Slippage, 4 orders
−$58.46
Fee Aster: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$265.56
Costs to cover
0.845%
Break-even
never at this rate
Slippage from Aster: live order book, 38 min ago; tradeXYZ: live order book, 11 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, 38 min ago8.69 bp33.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago1.28 bp13.1 bp −$13doesn'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
Popdex CXMTUSDT−0.5600%1h8.6230+0.066%$2K$116K20xas long as short
Binance CXMTUSDT−0.4884%4h8.6230+0.066%$4.3M$9.1M20xas long as short
Bybit CXMTUSDT−0.4227%8h8.6270+0.113%$1.1M$1.1M20xas long as short
OKX CXMT-USDT-SWAP−0.3931%8h8.6170−0.003%$1.3M$5.3M20xas long as short
tradeXYZ xyz:CXMTshort−0.3777%1h8.6143−0.035%$56.3M$9.4M10x
Polymarket Perps CXMT-USD−0.3559%1h8.6371+0.230%$8K$51K10xas long as short
Bitget CXMTUSDT−0.3492%8h8.6210+0.043%$610K$847K20xas long as short
Ondo Perps CXMT-USD.P−0.3313%1h8.6250+0.089%$29K$33K10xas long as short
Gate CXMT_USDT−0.3304%1h8.6100−0.085%$5.7M$14.0M50xas long as short
SoDEX CXMT-USD−0.2965%1h8.6208+0.041%$229K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDTlong−0.2857%8h8.6173long leg$138K$105K20x
ApeX Omni CXMTUSDT−0.2577%1h8.6600+0.496%$8K$251K50xas long as short
Lighter CXMT−0.2200%1h8.6308+0.157%$101K$18K5xas long as short
SunX CXMT-USDT−0.1672%4h8.6300+0.147%$85$2.4M10xas long as short
edgeX CXMTUSDC−0.0045%4h8.6297+0.144%$437K$241K10xas long as short
HTX CXMT-USDT0.0000%4h8.6991+0.949%$32K$38K10xas long as short