Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0831%/8h= +91.0% APRpaid last 24h +0.104%

Price spread now: Ondo Perps against OKX+0.072%7-day average — · you sell dearer than you buy

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

Long on OKX 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 +$25 a day on $10k at the current rate, and Ondo Perps is 0.072% dearer against OKX than usual: you sell high and buy low: +$7 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	OKX CXMT-USDT-SWAP	8.5860	0	get 0.0000% / 8h	13m 44s	$1.2M	$5.6M	20x
Short	Ondo Perps CXMT-USD.P	8.5922	0.0831	get 0.0104% / 1h	13m 44s	$23K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Position, each leg$Hold fordaysFee OKXbpFee Ondo PerpsbpOrdersPrice spread, now +0.072%Rate

Funding earned: $174.55
Price spread: +0.072% → 0.000%: $7.22
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: $166.77
Costs to cover: 0.150%
Break-even: 0.3 days

Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago	1.16 bp	10.7 bp −$11	88.6 bp −$886	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
edgeX CXMTUSDC	−0.0089%	4h	8.5792	−0.080%	$434K	$241K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5880	+0.023%	$166K	$69K	20x	as long as short
Bybit CXMTUSDT	0.0000%	8h	8.5840	−0.023%	$972K	$677K	20x	as long as short
OKX CXMT-USDT-SWAPlong	0.0000%	8h	8.5860	long leg	$1.2M	$5.6M	20x
Bitget CXMTUSDT	0.0000%	8h	8.5880	+0.023%	$542K	$875K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5960	+0.116%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6459	+0.698%	$31K	$37K	10x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5890	+0.035%	$5K	$111K	20x	as long as short
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5719	−0.164%	$8K	$46K	10x	as long as short
SoDEX CXMT-USD	+0.0050%	1h	8.5769	−0.106%	$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
Binance CXMTUSDT	+0.0067%	4h	8.5900	+0.047%	$4.0M	$8.9M	20x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5800	−0.070%	$8K	$250K	50x	as long as short
Lighter CXMT	+0.0168%	1h	8.5912	+0.061%	$101K	$29K	5x	as long as short
Gate CXMT_USDT	+0.0200%	1h	8.5800	−0.070%	$4.8M	$13.3M	50x	as long as short
tradeXYZ xyz:CXMT	+0.0339%	1h	8.5778	−0.096%	$55.2M	$8.3M	10x	as long as short
Ondo Perps CXMT-USD.Pshort	+0.0831%	1h	8.5922	+0.072%	$23K	$50K	10x