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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.194%
Price spread now: ApeX Omni against OKX+0.081%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1511.507% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.320%+$32 on $10k
Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.081%, 7d avg −0.019%
Together, before fees+0.263%+$26 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 0.100% dearer against OKX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.019%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.59300get 0.0000% / 8h6h 35m$1.2M$5.1M20x
ShortApeX Omni CXMTUSDT8.60000.0100get 0.0013% / 1h35m 07s$8K$250K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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: +0.081% → −0.019%
$10.04
Slippage, 4 orders
−$130.72
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$119.67
Costs to cover
1.507%
Break-even
46.9 days
Slippage from OKX: live order book, 3 min ago; ApeX Omni: live order book, 31 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 OKX live order book, 3 min ago1.75 bp11.0 bp −$1172.5 bp −$725doesn't fitdoesn't fit
Sell ApeX Omni live order book, 31 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
Polymarket Perps CXMT-USD−0.0242%1h8.5740−0.221%$8K$44K10xas long as short
edgeX CXMTUSDC−0.0086%4h8.5798−0.154%$434K$240K10xas long as short
tradeXYZ xyz:CXMT−0.0029%1h8.5839−0.106%$55.2M$7.7M10xas long as short
Aster CXMTUSDT0.0000%8h8.6318+0.451%$168K$73K20xas long as short
Binance CXMTUSDT0.0000%4h8.5982+0.061%$4.1M$8.5M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5910−0.023%$971K$629K20xas long as short
OKX CXMT-USDT-SWAPlong0.0000%8h8.5930long leg$1.2M$5.1M20x
Gate CXMT_USDT0.0000%1h8.5830−0.116%$4.9M$9.8M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5900−0.035%$619K$908K20xas long as short
SunX CXMT-USDT0.0000%4h8.5991+0.071%$84$2.5M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CXMT-USDT0.0000%4h8.6595+0.774%$31K$37K10xas long as short
Lighter CXMT+0.0032%1h8.5951+0.024%$100K$21K5xas long as short
Popdex CXMTUSDT+0.0048%1h8.5920−0.012%$5K$111K20xas long as short
SoDEX CXMT-USD+0.0050%1h8.5855−0.087%$228K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.6042+0.130%$23K$49K10xas long as short
ApeX Omni CXMTUSDTshort+0.0100%1h8.6000+0.081%$8K$250K50x