Funding you earn now, next payment 01:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.130%
Price spread now: Lighter against Bitget+0.105%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$590.593% of the position
Funding, last 7 days+0.155%+$16 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.105%, 7d avg +0.005%
=Together, before fees+0.089%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.100% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CXMTUSDT | 8.5980 | 0 | get 0.0000% / 8h | 7h 08m | $605K | $919K | 20x |
| Short | Lighter CXMT | 8.6070 | 0.0032 | get 0.0004% / 1h | 8m 45s | $101K | $25K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $6.72
- Price spread: +0.105% → +0.005%
- $9.98
- Slippage, 4 orders
- −$47.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$42.59
- Costs to cover
- 0.593%
- Break-even
- 51.4 days
Slippage from Bitget: live order book, 62 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 Bitget live order book, 62 min ago | 2.91 bp | 16.6 bp −$17 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 46 min ago | 10.07 bp | 12.5 bp −$12 | 63.9 bp −$639 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0099% | 4h | 8.5930 | −0.059% | $435K | $240K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6279 | +0.348% | $167K | $72K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.6080 | +0.116% | $4.0M | $8.7M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.6030 | +0.058% | $965K | $640K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6050 | +0.081% | $1.2M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDTlong | 0.0000% | 8h | 8.5980 | long leg | $605K | $919K | 20x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6131 | +0.176% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6814 | +0.970% | $31K | $37K | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0013% | 1h | 8.5863 | −0.136% | $8K | $44K | 10x | as long as short |
| Lighter CXMTshort | +0.0032% | 1h | 8.6070 | +0.105% | $101K | $25K | 5x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6070 | +0.105% | $5K | $111K | 20x | as long as short |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5962 | −0.021% | $55.3M | $8.0M | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5957 | −0.027% | $229K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.093% | $8K | $250K | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0187% | 1h | 8.6072 | +0.107% | $23K | $50K | 10x | as long as short |
| Gate CXMT_USDT | +0.0272% | 1h | 8.6000 | +0.023% | $4.8M | $12.6M | 50x | as long as short |
Bitget CXMTUSDT
Lighter CXMT
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
SunX CXMT-USDT
HTX CXMT-USDT
Polymarket Perps CXMT-USD
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Gate CXMT_USDT