Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.4488%/8h= +491.5% APRpaid last 24h +0.014%

Price spread now: SunX against Ondo Perps+0.838%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 SunX

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 +$135 a day on $10k at the current rate, and SunX is 0.838% dearer against Ondo Perps than usual: you sell high and buy low: +$84 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	Ondo Perps CXMT-USD.P	8.5784	−0.4872	get 0.0609% / 1h	48m 09s	$21K	$25K	10x
Short	SunX CXMT-USDT	8.6503	−0.0384	pay 0.0192% / 4h	1h 48m	$85	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.838%Rate

Funding earned: $942.58
Price spread: +0.838% → 0.000%: $83.82
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: $1,013.39
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago	81.13 bp	99.2 bp −$99	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
Popdex CXMTUSDT	−0.8712%	1h	8.5630	−0.180%	$5K	$111K	20x	as long as short
Polymarket Perps CXMT-USD	−0.5849%	1h	8.6292	+0.592%	$9K	$46K	10x	as long as short
tradeXYZ xyz:CXMT	−0.5642%	1h	8.5467	−0.370%	$55.4M	$7.2M	10x	as long as short
SoDEX CXMT-USD	−0.4960%	1h	8.5505	−0.325%	$227K	$9K	5x	as long as short
Ondo Perps CXMT-USD.Plong	−0.4872%	1h	8.5784	long leg	$21K	$25K	10x
Lighter CXMT	−0.4040%	1h	8.6047	+0.307%	$101K	$21K	5x	as long as short
Gate CXMT_USDT	−0.3080%	1h	8.5500	−0.331%	$5.0M	$10.6M	50x	as long as short
Bybit CXMTUSDT	−0.1986%	8h	8.5480	−0.354%	$953K	$576K	20x	as long as short
Binance CXMTUSDT	−0.0703%	4h	8.5560	−0.261%	$4.2M	$7.8M	20x	as long as short
SunX CXMT-USDTshort	−0.0384%	4h	8.6503	+0.838%	$85	$2.4M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni CXMTUSDT	−0.0260%	1h	8.6700	+1.068%	$8K	$250K	50x	as long as short
edgeX CXMTUSDC	−0.0080%	4h	8.5725	−0.068%	$434K	$241K	10x	as long as short
Bitget CXMTUSDT	−0.0044%	8h	8.5560	−0.261%	$611K	$825K	20x	as long as short
OKX CXMT-USDT-SWAP	−0.0022%	8h	8.5520	−0.308%	$1.2M	$4.5M	20x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5630	−0.180%	$157K	$76K	20x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6240	+0.532%	$31K	$37K	10x	as long as short