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

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.2959%/8h= −324.0% APRpaid last 24h +0.103%
Price spread now: Lighter against Aster+0.251%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$1031.028% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.212%+$21 on $10k
Price spread, last 4 days (all we have)−0.360%−$36 · spread now +0.251%, 7d avg +0.007%
Together, before fees−0.148%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.244% dearer against Aster than usual: you sell high and buy low (spread +0.251% now, against its 7-day average of +0.007%): +$24 on $10k if it goes back. Holding the pair costs −$89 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.212%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.212% in total (about 11.1% 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
LongAster CXMTUSDT8.6030−0.0289get 0.0289% / 8h5h 35m$157K$78K20x
ShortLighter CXMT8.6246−0.3248pay 0.0406% / 1h35m 48s$101K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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
−$621.41
Price spread: +0.251% → +0.007%
$24.45
Slippage, 4 orders
−$94.79
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$699.75
Costs to cover
1.028%
Break-even
never at this rate
Slippage from Aster: live order book, 25 min ago; Lighter: live order book, 73 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 25 min ago19.82 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 73 min ago2.68 bp10.1 bp −$1046.6 bp −$466doesn'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−0.7312%1h8.6040+0.012%$5K$112K20xas long as short
Polymarket Perps CXMT-USD−0.4987%1h8.6243+0.248%$8K$46K10xas long as short
tradeXYZ xyz:CXMT−0.4790%1h8.5991−0.045%$55.7M$7.2M10xas long as short
Ondo Perps CXMT-USD.P−0.4175%1h8.5440−0.686%$29K$33K10xas long as short
SoDEX CXMT-USD−0.3528%1h8.5975−0.064%$229K$9K5xas long as short
Lighter CXMTshort−0.3248%1h8.6246+0.251%$101K$21K5x
Gate CXMT_USDT−0.2936%1h8.5810−0.256%$5.2M$10.9M50xas long as short
Bybit CXMTUSDT−0.2691%8h8.5980−0.058%$957K$599K20xas long as short
Binance CXMTUSDT−0.1474%4h8.6010−0.023%$4.2M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.1041%1h8.6000−0.035%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.0794%4h8.6086+0.065%$84$2.4M10xas long as short
Bitget CXMTUSDT−0.0426%8h8.5900−0.151%$612K$846K20xas long as short
OKX CXMT-USDT-SWAP−0.0368%8h8.5910−0.139%$1.3M$4.6M20xas long as short
Aster CXMTUSDTlong−0.0289%8h8.6030long leg$157K$78K20x
edgeX CXMTUSDC−0.0077%4h8.5934−0.112%$435K$240K10xas long as short
HTX CXMT-USDT0.0000%4h8.6570+0.628%$31K$37K10xas long as short