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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0800%/8h= −87.6% APRpaid last 24h −0.058%
Price spread now: Lighter against HTX−0.854%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Lighter is 0.854% cheaper against HTX than usual: you would sell low and buy high (−$85 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX CXMT-USDT8.70330get 0.0000% / 4h3h 28m$32K$37K10x
ShortLighter CXMT8.6290−0.0800pay 0.0100% / 1h28m 42s$101K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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
−$168
Price spread: −0.854% → 0.000%
−$85.37
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$265.37
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: HTX: no order-book sample; Lighter: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX no order-book sample
Sell Lighter live order book, 62 min ago30.17 bp53.5 bp −$5499.6 bp −$996doesn't fitdoesn't fit
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Binance CXMTUSDT−0.4374%4h8.6406−0.721%$4.5M$8.9M20xas long as short
Bybit CXMTUSDT−0.4125%8h8.6390−0.739%$1.0M$1.1M20xas long as short
Ondo Perps CXMT-USD.P−0.3288%1h8.6019−1.165%$29K$33K10xas long as short
OKX CXMT-USDT-SWAP−0.2835%8h8.6270−0.877%$1.4M$5.2M20xas long as short
Bitget CXMTUSDT−0.2495%8h8.6370−0.762%$602K$825K20xas long as short
tradeXYZ xyz:CXMT−0.2241%1h8.6285−0.859%$56.3M$9.1M10xas long as short
Gate CXMT_USDT−0.2240%1h8.6250−0.900%$5.8M$13.3M50xas long as short
Polymarket Perps CXMT-USD−0.2013%1h8.6339−0.797%$10K$47K10xas long as short
Aster CXMTUSDT−0.1992%8h8.6525−0.584%$139K$100K20xas long as short
SoDEX CXMT-USD−0.1200%1h8.6380−0.750%$230K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMTshort−0.0800%1h8.6290−0.854%$101K$18K5x
ApeX Omni CXMTUSDT−0.0115%1h8.6600−0.498%$8K$249K50xas long as short
edgeX CXMTUSDC−0.0078%4h8.6334−0.803%$437K$243K10xas long as short
Popdex CXMTUSDT−0.0072%1h8.6450−0.670%$1K$115K20xas long as short
SunX CXMT-USDT0.0000%4h8.6501−0.611%$85$2.4M10xas long as short
HTX CXMT-USDTlong0.0000%4h8.7033long leg$32K$37K10x