Funding you earn now, next payment 06:00 UTC+0.0592%/8h= +64.8% APRnext payment +$0.74 per $10,000 · paid last 24h +0.085%
Price spread now: Lighter against Gate+0.303%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$1001.000% of the position
Funding, last 7 days−0.209%−$21 on $10k
+Price spread, last 4 days (all we have)−0.317%−$32 · spread now +0.303%, 7d avg +0.052%
=Together, before fees−0.526%+ Points / potential airdropLighter: Season 3 · farm board−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Lighter is 0.251% dearer against Gate than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.209%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.209% in total (about -10.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.74 per $10,000. 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 | Gate CXMT_USDT | 8.6120 | −0.2096 | get 0.0262% / 1h | 54m 40s | $5.8M | $13.1M | 50x |
| Short | Lighter CXMT | 8.6381 | −0.1504 | pay 0.0188% / 1h | 54m 40s | $101K | $17K | 5x |
Gate CXMT_USDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $124.32
- Price spread: +0.303% → +0.052%
- $25.06
- Slippage, 4 orders
- −$85.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $49.34
- Costs to cover
- 1.000%
- Break-even
- 4.2 days
Slippage from Gate: live order book, 4 min ago; Lighter: live order book, 31 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 Gate live order book, 4 min ago | 2.33 bp | 17.1 bp −$17 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 31 min ago | 17.38 bp | 40.3 bp −$40 | 97.1 bp −$971 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | −0.4139% | 4h | 8.6147 | +0.031% | $4.4M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3760% | 8h | 8.6130 | +0.012% | $1.0M | $1.1M | 20x | as long as short |
| Popdex CXMTUSDT | −0.3624% | 1h | 8.6210 | +0.105% | $1K | $115K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3493% | 1h | 8.6131 | +0.013% | $56.1M | $9.1M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3023% | 8h | 8.6130 | +0.012% | $1.4M | $5.4M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2899% | 1h | 8.6411 | +0.338% | $8K | $51K | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2698% | 1h | 8.6146 | +0.030% | $29K | $33K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2610% | 8h | 8.6150 | +0.035% | $601K | $840K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.2595% | 1h | 8.6500 | +0.441% | $8K | $251K | 50x | as long as short |
| SoDEX CXMT-USD | −0.2593% | 1h | 8.6145 | +0.029% | $229K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Ondo Perps CXMT-USD.P
Bitget CXMTUSDT
ApeX Omni CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate CXMT_USDTlong | −0.2096% | 1h | 8.6120 | long leg | $5.8M | $13.1M | 50x | |
| Aster CXMTUSDT | −0.1886% | 8h | 8.6180 | +0.070% | $138K | $105K | 20x | as long as short |
| Lighter CXMTshort | −0.1504% | 1h | 8.6381 | +0.303% | $101K | $17K | 5x | |
| edgeX CXMTUSDC | −0.0065% | 4h | 8.6009 | −0.129% | $435K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6311 | +0.222% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6649 | +0.614% | $32K | $38K | 10x | as long as short |
Aster CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT