Funding you earn now, next payment 02:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h +0.149%
Price spread now: Lighter against Binance−0.198%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 7 days+0.299%+$30 on $10k
+Price spread, last 2 days (all we have)+0.147%+$15 · spread now −0.198%, 7d avg −0.002%
=Together, before fees+0.446%+ Points / potential airdropLighter: Season 3 · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.196% cheaper against Binance than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of −0.002%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.299%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance CXMTUSDT | 8.5871 | 0 | get 0.0000% / 4h | 2h 03m | $4.2M | $7.5M | 20x |
| Short | Lighter CXMT | 8.5701 | −0.0048 | pay 0.0006% / 1h | 3m 21s | $100K | $21K | 5x |
Binance CXMTUSDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- −$10.08
- Price spread: −0.198% → −0.002%
- −$19.6
- Slippage, 4 orders
- −$31.56
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$71.23
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Lighter: live order book, 46 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 Binance live order book, 6 min ago | 1.17 bp | 13.0 bp −$13 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 46 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | −0.0861% | 1h | 8.5901 | +0.035% | $9K | $43K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0686% | 1h | 8.5734 | −0.159% | $55.3M | $7.1M | 10x | as long as short |
| SoDEX CXMT-USD | −0.0532% | 1h | 8.5590 | −0.327% | $228K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.0344% | 1h | 8.5700 | −0.199% | $5.1M | $11.4M | 50x | as long as short |
| Bybit CXMTUSDT | −0.0221% | 8h | 8.5710 | −0.187% | $959K | $585K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0063% | 4h | 8.5375 | −0.578% | $432K | $241K | 10x | as long as short |
| Lighter CXMTshort | −0.0048% | 1h | 8.5701 | −0.198% | $100K | $21K | 5x | |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5855 | −0.019% | $166K | $72K | 20x | as long as short |
| Binance CXMTUSDTlong | 0.0000% | 4h | 8.5871 | long leg | $4.2M | $7.5M | 20x | |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5680 | −0.222% | $1.2M | $4.5M | 20x | as long as short |
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
Gate CXMT_USDT
Bybit CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
OKX CXMT-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5810 | −0.071% | $605K | $827K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5716 | −0.180% | $84 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6336 | +0.542% | $31K | $37K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0040% | 1h | 8.5740 | −0.152% | $5K | $111K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5449 | −0.491% | $23K | $32K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5700 | −0.199% | $8K | $250K | 50x | as long as short |
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
Ondo Perps CXMT-USD.P
ApeX Omni CXMTUSDT