Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.018%

Price spread now: Binance against Bitget+0.183%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$660.656% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 2 days (all we have)−0.150%−$15 · spread now +0.183%, 7d avg +0.008%

Together, before fees−0.301%−$30 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.175% dearer against Bitget than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of +0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CXMTUSDT	8.5930	0	get 0.0000% / 8h	5h 56m	$613K	$832K	20x
Short	Binance CXMTUSDT	8.6087	0	get 0.0000% / 4h	1h 56m	$4.3M	$7.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now +0.183%Rate

Funding earned: $0
Price spread: +0.183% → +0.008%: $17.48
Slippage, 4 orders: −$43.57
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.09
Costs to cover: 0.656%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Bitget live order book, 5 min ago	2.92 bp	19.2 bp −$19	55.2 bp −$552	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	1.17 bp	12.3 bp −$12	34.1 bp −$341	doesn't fit	doesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex CXMTUSDT	−0.6488%	1h	8.6100	+0.198%	$5K	$111K	20x	as long as short
tradeXYZ xyz:CXMT	−0.4934%	1h	8.6149	+0.255%	$55.7M	$7.3M	10x	as long as short
Polymarket Perps CXMT-USD	−0.4808%	1h	8.7275	+1.565%	$8K	$45K	10x	as long as short
SoDEX CXMT-USD	−0.4330%	1h	8.5920	−0.012%	$228K	$9K	5x	as long as short
Ondo Perps CXMT-USD.P	−0.3642%	1h	8.5985	+0.064%	$21K	$25K	10x	as long as short
Lighter CXMT	−0.2936%	1h	8.6753	+0.958%	$101K	$21K	5x	as long as short
Gate CXMT_USDT	−0.2432%	1h	8.5950	+0.023%	$5.1M	$10.3M	50x	as long as short
Bybit CXMTUSDT	−0.0949%	8h	8.6200	+0.314%	$962K	$578K	20x	as long as short
edgeX CXMTUSDC	−0.0038%	4h	8.5636	−0.342%	$433K	$242K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.6641	+0.827%	$168K	$75K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CXMTUSDTshort	0.0000%	4h	8.6087	+0.183%	$4.3M	$7.8M	20x
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5940	+0.012%	$1.2M	$4.5M	20x	as long as short
Bitget CXMTUSDTlong	0.0000%	8h	8.5930	long leg	$613K	$832K	20x
SunX CXMT-USDT	0.0000%	4h	8.6875	+1.100%	$85	$2.4M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6663	+0.853%	$31K	$37K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5900	−0.035%	$8K	$250K	50x	as long as short