Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.3736%/8h= +409.1% APRpaid last 24h +0.187%

Price spread now: HTX against Bitget+0.517%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$112 a day on $10k at the current rate, and HTX is 0.517% dearer against Bitget than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget CXMTUSDT	8.6030	−0.3736	get 0.3736% / 8h	53m 18s	$637K	$894K	20x
Short	HTX CXMT-USDT	8.6475	0	get 0.0000% / 4h	53m 18s	$32K	$38K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.517%Rate

Funding earned: $784.56
Price spread: +0.517% → 0.000%: $51.73
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $812.29
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Bitget: live order book, 47 min ago; HTX: no order-book sample. Net counts fees only.

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, 47 min ago	2.91 bp	16.3 bp −$16	41.1 bp −$411	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Binance CXMTUSDT	−0.4194%	4h	8.5958	−0.084%	$4.2M	$9.6M	20x	as long as short
OKX CXMT-USDT-SWAP	−0.4109%	8h	8.6040	+0.012%	$1.3M	$5.7M	20x	as long as short
Bybit CXMTUSDT	−0.3827%	8h	8.6010	−0.023%	$1.1M	$1.2M	20x	as long as short
Bitget CXMTUSDTlong	−0.3736%	8h	8.6030	long leg	$637K	$894K	20x
Gate CXMT_USDT	−0.3632%	1h	8.5700	−0.384%	$5.7M	$13.3M	50x	as long as short
Aster CXMTUSDT	−0.3220%	8h	8.6060	+0.035%	$138K	$70K	20x	as long as short
Polymarket Perps CXMT-USD	−0.2875%	1h	8.5851	−0.208%	$8K	$48K	10x	as long as short
tradeXYZ xyz:CXMT	−0.2655%	1h	8.5769	−0.303%	$55.9M	$9.8M	10x	as long as short
Ondo Perps CXMT-USD.P	−0.2200%	1h	8.5587	−0.515%	$29K	$33K	10x	as long as short
SoDEX CXMT-USD	−0.1690%	1h	8.5916	−0.133%	$228K	$9K	5x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CXMT-USDT	−0.0688%	4h	8.6030	0.000%	$84	$2.3M	10x	as long as short
Lighter CXMT	−0.0664%	1h	8.5941	−0.103%	$101K	$18K	5x	as long as short
edgeX CXMTUSDC	−0.0094%	4h	8.5764	−0.310%	$459K	$266K	10x	as long as short
ApeX Omni CXMTUSDT	−0.0089%	1h	8.5900	−0.151%	$8K	$252K	50x	as long as short
HTX CXMT-USDTshort	0.0000%	4h	8.6475	+0.517%	$32K	$38K	10x
Popdex CXMTUSDT	+0.0048%	1h	8.5980	−0.058%	$2K	$115K	20x	as long as short