Funding you earn now, next payment 23:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.084%
Price spread now: Aster against Lighter+0.055%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$182as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1601.604% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.055%, 7d avg −0.007%
=Together, before fees−0.236%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.061% dearer against Lighter than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of −0.007%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.4 days. At the pace of the last 7 days (−0.219% in total) that is about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.5666 | 0.0032 | pay 0.0004% / 1h | 32m 03s | $101K | $29K | 5x |
| Short | Aster CXMTUSDT | 8.5713 | 0 | get 0.0000% / 8h | 1h 32m | $165K | $69K | 20x |
Lighter CXMT
Aster CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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: +0.055% → −0.007%
- $6.11
- Slippage, 4 orders
- −$152.35
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$160.96
- Costs to cover
- 1.604%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 41 min ago; Aster: live order book, 49 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 Lighter live order book, 41 min ago | 2.40 bp | 9.4 bp −$9 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Aster live order book, 49 min ago | 23.94 bp | 49.3 bp −$49 | doesn't fit | 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 | −0.0053% | 4h | 8.5523 | −0.168% | $433K | $241K | 10x | as long as short |
| Aster CXMTUSDTshort | 0.0000% | 8h | 8.5713 | +0.055% | $165K | $69K | 20x | |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5660 | −0.007% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5610 | −0.065% | $970K | $702K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5640 | −0.030% | $1.1M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5690 | +0.028% | $535K | $879K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5719 | +0.062% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6350 | +0.798% | $31K | $38K | 10x | as long as short |
| Gate CXMT_USDT | +0.0024% | 1h | 8.5580 | −0.100% | $4.9M | $13.7M | 50x | as long as short |
| Lighter CXMTlong | +0.0032% | 1h | 8.5666 | long leg | $101K | $29K | 5x |
edgeX CXMTUSDC
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Gate CXMT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5650 | −0.019% | $5K | $110K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5547 | −0.139% | $8K | $48K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5550 | −0.135% | $227K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5500 | −0.194% | $8K | $250K | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0157% | 1h | 8.5681 | +0.018% | $23K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | +0.0306% | 1h | 8.5553 | −0.132% | $55.0M | $8.3M | 10x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT