Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.109%

Price spread now: Aster against Ondo Perps+0.057%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps Short on Aster

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 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.057% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps CXMT-USD.P	8.5837	0.0050	pay 0.0006% / 1h	52m 37s	$23K	$50K	10x
Short	Aster CXMTUSDT	8.5886	0	get 0.0000% / 8h	7h 52m	$166K	$69K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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 Ondo PerpsbpFee AsterbpOrdersPrice spread, now +0.057%Rate

Funding earned: −$10.58
Price spread: +0.057% → 0.000%: $5.74
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$17.84
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 19 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 19 min ago	25.00 bp	51.6 bp −$52	doesn't fit	doesn't fit	doesn't fit

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
Polymarket Perps CXMT-USD	−0.0556%	1h	8.5692	−0.169%	$9K	$45K	10x	as long as short
tradeXYZ xyz:CXMT	−0.0324%	1h	8.5760	−0.090%	$55.2M	$8.3M	10x	as long as short
edgeX CXMTUSDC	−0.0047%	4h	8.5546	−0.339%	$433K	$240K	10x	as long as short
Aster CXMTUSDTshort	0.0000%	8h	8.5886	+0.057%	$166K	$69K	20x
Bybit CXMTUSDT	0.0000%	8h	8.5850	+0.015%	$966K	$682K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5860	+0.027%	$1.2M	$5.5M	20x	as long as short
Gate CXMT_USDT	0.0000%	1h	8.5770	−0.078%	$4.8M	$12.4M	50x	as long as short
Bitget CXMTUSDT	0.0000%	8h	8.5880	+0.050%	$561K	$889K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5946	+0.127%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6588	+0.875%	$31K	$38K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance CXMTUSDT	+0.0019%	4h	8.5888	+0.060%	$4.0M	$8.9M	20x	as long as short
Lighter CXMT	+0.0040%	1h	8.5883	+0.054%	$101K	$24K	5x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5880	+0.050%	$5K	$111K	20x	as long as short
SoDEX CXMT-USD	+0.0050%	1h	8.5768	−0.080%	$228K	$9K	5x	as long as short
Ondo Perps CXMT-USD.Plong	+0.0050%	1h	8.5837	long leg	$23K	$50K	10x
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5800	−0.043%	$8K	$250K	50x	as long as short