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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.2806%/8h= +307.3% APRpaid last 24h +0.175%
Price spread now: edgeX against OKX−0.110%101s7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$860.862% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.017%+$2 on $10k
Price spread, last 4 days (all we have)+0.041%+$4 · spread now −0.110%, 7d avg −0.101%
Together, before fees+0.058%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.101%, so right now this pair is about funding alone: +$84 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX CXMT-USDT-SWAP8.6180−0.2901get 0.2901% / 8h3h 13m$1.4M$5.3M20x
ShortedgeX CXMTUSDC8.6085−0.0094pay 0.0047% / 4h3h 13m$435K$242K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$589.29
Price spread: −0.110% → −0.101%
−$0.92
Slippage, 4 orders
−$67.24
Fee OKX: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$502.13
Costs to cover
0.862%
Break-even
1.0 days
Slippage from OKX: live order book, 4 min ago; edgeX: live order book, 40 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, 4 min ago1.16 bp14.5 bp −$1586.5 bp −$865doesn't fitdoesn't fit
Sell edgeX live order book, 40 min ago11.98 bp22.9 bp −$23doesn't fitdoesn'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
Binance CXMTUSDT−0.4248%4h8.6161−0.023%$4.4M$8.9M20xas long as short
Bybit CXMTUSDT−0.3920%8h8.6190+0.012%$1.0M$1.1M20xas long as short
Ondo Perps CXMT-USD.P−0.3187%1h8.5809−0.430%$29K$33K10xas long as short
OKX CXMT-USDT-SWAPlong−0.2901%8h8.6180long leg$1.4M$5.3M20x
Bitget CXMTUSDT−0.2523%8h8.6160−0.023%$601K$827K20xas long as short
tradeXYZ xyz:CXMT−0.2074%1h8.6090−0.104%$56.2M$9.1M10xas long as short
Gate CXMT_USDT−0.2056%1h8.6090−0.104%$5.9M$13.4M50xas long as short
Aster CXMTUSDT−0.1917%8h8.6427+0.286%$139K$100K20xas long as short
Polymarket Perps CXMT-USD−0.1672%1h8.6129−0.059%$10K$47K10xas long as short
SoDEX CXMT-USD−0.1081%1h8.6130−0.058%$229K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMT−0.0616%1h8.6152−0.032%$101K$18K5xas long as short
edgeX CXMTUSDCshort−0.0094%4h8.6085−0.110%$435K$242K10x
Popdex CXMTUSDT−0.0032%1h8.61800.000%$2K$115K20xas long as short
SunX CXMT-USDT0.0000%4h8.6211+0.036%$84$2.4M10xas long as short
HTX CXMT-USDT0.0000%4h8.6616+0.506%$32K$37K10xas long as short
ApeX Omni CXMTUSDT+0.0090%1h8.6100−0.093%$8K$251K50xas long as short