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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster CXMTUSDT | 8.6030 | −0.0289 | get 0.0289% / 8h | 5h 35m | $157K | $78K | 20x |
| Short | Lighter CXMT | 8.6246 | −0.3248 | pay 0.0406% / 1h | 35m 48s | $101K | $21K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 25 min ago | 19.82 bp | 49.5 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 73 min ago | 2.68 bp | 10.1 bp −$10 | 46.6 bp −$466 | doesn't fit | doesn't fit |
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 | −0.7312% | 1h | 8.6040 | +0.012% | $5K | $112K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4987% | 1h | 8.6243 | +0.248% | $8K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4790% | 1h | 8.5991 | −0.045% | $55.7M | $7.2M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.4175% | 1h | 8.5440 | −0.686% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3528% | 1h | 8.5975 | −0.064% | $229K | $9K | 5x | as long as short |
| Lighter CXMTshort | −0.3248% | 1h | 8.6246 | +0.251% | $101K | $21K | 5x | |
| Gate CXMT_USDT | −0.2936% | 1h | 8.5810 | −0.256% | $5.2M | $10.9M | 50x | as long as short |
| Bybit CXMTUSDT | −0.2691% | 8h | 8.5980 | −0.058% | $957K | $599K | 20x | as long as short |
| Binance CXMTUSDT | −0.1474% | 4h | 8.6010 | −0.023% | $4.2M | $7.8M | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1041% | 1h | 8.6000 | −0.035% | $8K | $250K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0794% | 4h | 8.6086 | +0.065% | $84 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.0426% | 8h | 8.5900 | −0.151% | $612K | $846K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0368% | 8h | 8.5910 | −0.139% | $1.3M | $4.6M | 20x | as long as short |
| Aster CXMTUSDTlong | −0.0289% | 8h | 8.6030 | long leg | $157K | $78K | 20x | |
| edgeX CXMTUSDC | −0.0077% | 4h | 8.5934 | −0.112% | $435K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6570 | +0.628% | $31K | $37K | 10x | as long as short |
Aster CXMTUSDT
Lighter CXMT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Gate CXMT_USDT
Bybit CXMTUSDT
Binance CXMTUSDT
ApeX Omni CXMTUSDT
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
edgeX CXMTUSDC
HTX CXMT-USDT