Funding you earn now, next payment 23:00 UTC−0.0056%/8h= −6.1% APRpaid last 24h −0.151%
Price spread now: Binance against Lighter−0.016%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$540.537% of the position
Funding, last 7 days−0.307%−$31 on $10k
+Price spread, last 2 days (all we have)+0.049%+$5 · spread now −0.016%, 7d avg +0.003%
=Together, before fees−0.258%+ Points / potential airdropLighter: Season 3 · farm board−$26 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.5754 | 0.0056 | pay 0.0007% / 1h | 25m 35s | $101K | $29K | 5x |
| Short | Binance CXMTUSDT | 8.5740 | 0 | get 0.0000% / 4h | 1h 25m | $4.0M | $8.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$11.76
- Price spread: −0.016% → +0.003%
- −$1.94
- Slippage, 4 orders
- −$43.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$67.43
- Costs to cover
- 0.537%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 47 min ago; Binance: live order book, 14 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, 47 min ago | 2.40 bp | 9.4 bp −$9 | 41.7 bp −$417 | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.75 bp | 8.2 bp −$8 | 35.1 bp −$351 | 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 | −0.0082% | 4h | 8.5653 | −0.118% | $433K | $239K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5873 | +0.139% | $166K | $69K | 20x | as long as short |
| Binance CXMTUSDTshort | 0.0000% | 4h | 8.5740 | −0.016% | $4.0M | $8.9M | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5710 | −0.051% | $970K | $702K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5710 | −0.051% | $1.1M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5760 | +0.007% | $536K | $879K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5805 | +0.059% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6512 | +0.884% | $32K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5750 | −0.005% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5629 | −0.146% | $8K | $48K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5626 | −0.149% | $228K | $9K | 5x | as long as short |
| Lighter CXMTlong | +0.0056% | 1h | 8.5754 | long leg | $101K | $29K | 5x | |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5500 | −0.296% | $8K | $249K | 50x | as long as short |
| Gate CXMT_USDT | +0.0176% | 1h | 8.5680 | −0.086% | $4.9M | $13.7M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0280% | 1h | 8.5684 | −0.082% | $23K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | +0.0405% | 1h | 8.5636 | −0.138% | $55.1M | $8.3M | 10x | as long as short |
Lighter CXMT
Binance CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Gate CXMT_USDT
tradeXYZ xyz:CXMT