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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1420%/8h= +155.5% APRpaid last 24h −0.074%
Price spread now: Bybit against tradeXYZ+0.209%7-day average +0.112% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.076%−$8 on $10k
Price spread, last 7 days−0.135%−$14 · spread now +0.209%, 7d avg +0.112%
Together, before fees−0.211%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$43 a day on $10k at the current rate, and Bybit is 0.097% dearer against tradeXYZ than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.112%. Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% 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
LongtradeXYZ xyz:CXMT8.6888−0.4533get 0.0567% / 1h23m 48s$56.3M$7.0M10x
ShortBybit CXMTUSDT8.7070−0.3113pay 0.3113% / 8h5h 23m$971K$593K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against tradeXYZ. 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
$298.3
Price spread: +0.209% → +0.112%
$9.7
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$278.99
Costs to cover
0.290%
Break-even
0.5 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Bybit: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 5 min ago1.86 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 36 min ago4.08 bp19.3 bp −$19450.1 bp −$4,501doesn'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
Popdex CXMTUSDT−0.6808%1h8.6780−0.124%$5K$111K20xas long as short
Polymarket Perps CXMT-USD−0.4672%1h8.6976+0.101%$8K$47K10xas long as short
tradeXYZ xyz:CXMTlong−0.4533%1h8.6888long leg$56.3M$7.0M10x
Ondo Perps CXMT-USD.P−0.3898%1h8.5985−1.039%$29K$33K10xas long as short
SoDEX CXMT-USD−0.3287%1h8.6755−0.153%$231K$9K5xas long as short
Bybit CXMTUSDTshort−0.3113%8h8.7070+0.209%$971K$593K20x
Gate CXMT_USDT−0.3048%1h8.6790−0.113%$5.4M$11.3M50xas long as short
Lighter CXMT−0.2856%1h8.7054+0.191%$102K$21K5xas long as short
Binance CXMTUSDT−0.2071%4h8.7141+0.291%$4.3M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.1594%1h8.6300−0.677%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.1061%4h8.6941+0.061%$85$2.4M10xas long as short
Bitget CXMTUSDT−0.0730%8h8.7060+0.198%$615K$806K20xas long as short
OKX CXMT-USDT-SWAP−0.0705%8h8.6960+0.083%$1.3M$4.6M20xas long as short
Aster CXMTUSDT−0.0585%8h8.6989+0.117%$157K$83K20xas long as short
edgeX CXMTUSDC−0.0083%4h8.6137−0.864%$436K$240K10xas long as short
HTX CXMT-USDT0.0000%4h8.7236+0.401%$32K$37K10xas long as short