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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0015%/8h= +1.6% APRnext payment +$0.07 per $10,000 · paid last 24h +0.012%
Price spread now: SunX against edgeX−0.174%7-day average +0.205% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$1721.721% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.115%+$11 on $10k
Price spread, last 3 days (all we have)+0.261%+$26 · spread now −0.174%, 7d avg +0.205%
Together, before fees+0.375%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.379% cheaper against edgeX than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of +0.205%). If the spread goes back, that is −$38 on $10k: about 3 months of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.115% in total) that is about 23 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX CXMTUSDC8.5347−0.0015get 0.0007% / 4h2h 14m$432K$241K10x
ShortSunX CXMT-USDT8.51980get 0.0000% / 4h2h 14m$83$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against edgeX. 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
$3.14
Price spread: −0.174% → +0.205%
−$37.92
Slippage, 4 orders
−$155.15
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$206.92
Costs to cover
1.721%
Break-even
468.1 days
Slippage from edgeX: live order book, 54 min ago; SunX: live order book, 2 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 edgeX live order book, 54 min ago5.93 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 2 min ago57.10 bp75.2 bp −$75104.9 bp −$1,049doesn'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
Polymarket Perps CXMT-USD−0.0351%1h8.5022−0.381%$8K$42K10xas long as short
tradeXYZ xyz:CXMT−0.0148%1h8.5114−0.273%$54.8M$7.3M10xas long as short
edgeX CXMTUSDClong−0.0015%4h8.5347long leg$432K$241K10x
Aster CXMTUSDT0.0000%8h8.5394+0.055%$165K$72K20xas long as short
Binance CXMTUSDT0.0000%4h8.5219−0.150%$4.2M$7.8M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5210−0.160%$956K$592K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5150−0.231%$1.2M$4.5M20xas long as short
Gate CXMT_USDT0.0000%1h8.5120−0.266%$5.0M$10.8M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5200−0.172%$594K$825K20xas long as short
SunX CXMT-USDTshort0.0000%4h8.5198−0.174%$83$2.5M10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CXMT-USDT0.0000%4h8.5813+0.546%$31K$37K10xas long as short
Lighter CXMT+0.0032%1h8.5236−0.130%$100K$21K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.5240−0.125%$5K$111K20xas long as short
SoDEX CXMT-USD+0.0050%1h8.5115−0.272%$226K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5244−0.121%$23K$43K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5300−0.055%$8K$250K50xas long as short