What is CexDex?
CexDex is a platform for funding rate arbitrage on decentralized derivatives exchanges (DEX).
How It Works
In derivatives markets, exchanges charge traders a funding rate — periodic payments between holders of long and short positions. The size and direction of these payments differs across exchanges.
Funding rate arbitrage is a strategy where you simultaneously:
- Open a long on an exchange with a low funding rate
- Open a short on an exchange with a high funding rate
The difference in rates is your profit. Market risk is neutralized since the positions hedge each other.
What CexDex Does
- 📊 Monitoring — real-time funding rates across multiple DEXes
- 🎯 Opportunity discovery — automatically shows pairs with the highest spread
- ⚡ Trading — open and close positions on two exchanges simultaneously
- 🤖 Auto-trading — bot opens and closes trades based on your parameters
- 📈 Analytics — PnL, trade history, statistics
Supported Exchanges
| Exchange | Network | Website |
|---|---|---|
| Paradex | StarkNet (L2 Ethereum) | paradex.trade |
| Hyperliquid | Hyperliquid L1 | app.hyperliquid.xyz |
| Lighter | Arbitrum | lighter.xyz |
| Omni | Omni Network | omni.trade |
| AsterDex | BNB Chain | asterdex.com |
| EdgeX | EdgeX Chain | edgex.exchange |
| Extended | StarkNet | extended.exchange |
| Nado | Nado Chain | nado.trade |
Quick Start
- Register on the platform
- Connect your exchange keys
- Explore arbitrage opportunities
- Open your first position