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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.191%
Price spread now: ApeX Omni against Bitget+0.093%63s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$107as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
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+0.359%+$36 on $10k
Price spread, last 3 days (all we have)−0.266%−$27 · spread now +0.093%, 7d avg −0.059%
Together, before fees+0.093%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.152% dearer against Bitget than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.059%. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget CXMTUSDT8.60200get 0.0000% / 8h7h 02m$625K$948K20x
ShortApeX Omni CXMTUSDT8.61000.0100get 0.0013% / 1h2m 33s$8K$250K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bitget. 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
$21
Price spread: +0.093% → −0.059%
$15.22
Slippage, 4 orders
−$121.32
Fee Bitget: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$107.11
Costs to cover
1.433%
Break-even
42.7 days
Slippage from Bitget: live order book, 3 min ago; ApeX Omni: live order book, 4 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 Bitget live order book, 3 min ago1.74 bp7.7 bp −$837.5 bp −$375doesn't fitdoesn't fit
Sell ApeX Omni live order book, 4 min ago34.84 bp62.6 bp −$63274.6 bp −$2,746doesn'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
edgeX CXMTUSDC−0.0047%4h8.5968−0.061%$435K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.6296+0.321%$167K$72K20xas long as short
Bybit CXMTUSDT0.0000%8h8.6050+0.035%$969K$636K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.6090+0.081%$1.2M$5.2M20xas long as short
Bitget CXMTUSDTlong0.0000%8h8.6020long leg$625K$948K20x
SunX CXMT-USDT0.0000%4h8.6182+0.188%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6733+0.829%$31K$37K10xas long as short
Binance CXMTUSDT+0.0015%4h8.6110+0.105%$4.0M$8.6M20xas long as short
Lighter CXMT+0.0032%1h8.6136+0.135%$101K$25K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.6120+0.116%$5K$111K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CXMT-USD+0.0050%1h8.5920−0.116%$8K$44K10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5997−0.027%$229K$9K5xas long as short
ApeX Omni CXMTUSDTshort+0.0100%1h8.6100+0.093%$8K$250K50x
tradeXYZ xyz:CXMT+0.0102%1h8.5998−0.026%$55.3M$8.0M10xas long as short
Ondo Perps CXMT-USD.P+0.0253%1h8.5960−0.070%$23K$49K10xas long as short
Gate CXMT_USDT+0.0344%1h8.6040+0.023%$4.8M$12.6M50xas long as short