Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h −0.062%

Price spread now: Binance against Polymarket Perps+0.067%7-day average — · you sell dearer than you buy

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

Long on Polymarket Perps Short on Binance

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—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.067% dearer against Polymarket Perps 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	Polymarket Perps CXMT-USD	8.5326	−0.0243	get 0.0030% / 1h	31m 00s	$8K	$47K	10x
Short	Binance CXMTUSDT	8.5383	−0.0114	pay 0.0057% / 4h	3h 31m	$3.9M	$8.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Polymarket 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 Polymarket PerpsbpFee BinancebpOrdersPrice spread, now +0.067%Rate

Funding earned: $27.07
Price spread: +0.067% → 0.000%: $6.71
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $15.78
Costs to cover: 0.180%
Break-even: 2.9 days

Slippage unknown: Polymarket Perps: no order-book sample; Binance: live order book, 14 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 Polymarket Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 14 min ago	1.17 bp	12.1 bp −$12	34.4 bp −$344	doesn't fit	doesn't fit

Polymarket 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
Ondo Perps CXMT-USD.P	−0.0789%	1h	8.5342	+0.019%	$23K	$49K	10x	as long as short
tradeXYZ xyz:CXMT	−0.0735%	1h	8.5300	−0.030%	$54.9M	$8.3M	10x	as long as short
Lighter CXMT	−0.0400%	1h	8.5388	+0.073%	$101K	$30K	5x	as long as short
Polymarket Perps CXMT-USDlong	−0.0243%	1h	8.5326	long leg	$8K	$47K	10x
Binance CXMTUSDTshort	−0.0114%	4h	8.5383	+0.067%	$3.9M	$8.8M	20x
edgeX CXMTUSDC	−0.0021%	4h	8.5257	−0.081%	$431K	$241K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5469	+0.167%	$165K	$69K	20x	as long as short
Bybit CXMTUSDT	0.0000%	8h	8.5340	+0.016%	$968K	$700K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5320	−0.007%	$1.1M	$5.5M	20x	as long as short
Gate CXMT_USDT	0.0000%	1h	8.5320	−0.007%	$4.9M	$14.0M	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget CXMTUSDT	0.0000%	8h	8.5370	+0.052%	$524K	$874K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5459	+0.156%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.5864	+0.631%	$31K	$38K	10x	as long as short
Popdex CXMTUSDT	+0.0048%	1h	8.5350	+0.028%	$5K	$110K	20x	as long as short
SoDEX CXMT-USD	+0.0050%	1h	8.5340	+0.016%	$227K	$9K	5x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5000	−0.382%	$8K	$250K	50x	as long as short