Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1688%/8h= +184.8% APRpaid last 24h +0.146%

Price spread now: Ondo Perps against Bybit+0.128%7-day average — · you sell dearer than you buy

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

Long on Bybit Short on Ondo Perps

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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and Ondo Perps is 0.128% dearer against Bybit than usual: you sell high and buy low: +$13 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	Bybit CXMTUSDT	8.6920	−0.4576	get 0.4576% / 8h	4h 36m	$999K	$904K	20x
Short	Ondo Perps CXMT-USD.P	8.7031	−0.2889	pay 0.0361% / 1h	36m 32s	$29K	$33K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bybit. 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 BybitbpFee Ondo PerpsbpOrdersPrice spread, now +0.128%Rate

Funding earned: $354.4
Price spread: +0.128% → 0.000%: $12.77
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $351.17
Costs to cover: 0.160%
Break-even: 0.1 days

Slippage unknown: Bybit: live order book, 19 min ago; Ondo Perps: 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 Bybit live order book, 19 min ago	2.30 bp	18.9 bp −$19	181.5 bp −$1,815	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Popdex CXMTUSDT	−0.4896%	1h	8.7030	+0.127%	$1K	$115K	20x	as long as short
Bybit CXMTUSDTlong	−0.4576%	8h	8.6920	long leg	$999K	$904K	20x
Polymarket Perps CXMT-USD	−0.4347%	1h	8.7187	+0.307%	$8K	$49K	10x	as long as short
tradeXYZ xyz:CXMT	−0.4147%	1h	8.6903	−0.020%	$56.6M	$8.8M	10x	as long as short
Binance CXMTUSDT	−0.4086%	4h	8.7090	+0.196%	$4.5M	$8.6M	20x	as long as short
SoDEX CXMT-USD	−0.3391%	1h	8.6895	−0.029%	$231K	$9K	5x	as long as short
Gate CXMT_USDT	−0.3352%	1h	8.6820	−0.115%	$5.8M	$12.6M	50x	as long as short
Ondo Perps CXMT-USD.Pshort	−0.2889%	1h	8.7031	+0.128%	$29K	$33K	10x
OKX CXMT-USDT-SWAP	−0.2055%	8h	8.6920	0.000%	$1.5M	$5.1M	20x	as long as short
Bitget CXMTUSDT	−0.2039%	8h	8.6940	+0.023%	$593K	$844K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CXMTUSDT	−0.1972%	1h	8.6900	−0.023%	$8K	$250K	50x	as long as short
Lighter CXMT	−0.1888%	1h	8.7182	+0.301%	$102K	$18K	5x	as long as short
Aster CXMTUSDT	−0.1798%	8h	8.7010	+0.104%	$141K	$99K	20x	as long as short
SunX CXMT-USDT	−0.1728%	4h	8.7105	+0.213%	$85	$2.4M	10x	as long as short
edgeX CXMTUSDC	−0.0026%	4h	8.6763	−0.180%	$439K	$241K	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.7772	+0.980%	$32K	$37K	10x	as long as short