Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.130%
Price spread now: Bitget against Lighter−0.094%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as 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)+0.056%+$6 · spread now −0.094%, 7d avg −0.005%
=Together, before fees−0.100%+ Points / potential airdropLighter: Season 3 · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.089% cheaper against Lighter than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.6071 | 0.0032 | pay 0.0004% / 1h | 9m 49s | $101K | $25K | 5x |
| Short | Bitget CXMTUSDT | 8.5990 | 0 | get 0.0000% / 8h | 7h 09m | $601K | $910K | 20x |
Lighter CXMT
Bitget CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.094% → −0.005%
- −$8.92
- Slippage, 4 orders
- −$47.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.94
- Costs to cover
- 0.593%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 45 min ago; Bitget: live order book, 61 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, 45 min ago | 10.07 bp | 16.2 bp −$16 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 61 min ago | 2.91 bp | 14.1 bp −$14 | 38.7 bp −$387 | 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 | −0.0079% | 4h | 8.5965 | −0.123% | $435K | $242K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6276 | +0.238% | $167K | $72K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.6070 | −0.001% | $4.0M | $8.7M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5980 | −0.106% | $965K | $640K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6010 | −0.071% | $1.2M | $5.3M | 20x | as long as short |
| Bitget CXMTUSDTshort | 0.0000% | 8h | 8.5990 | −0.094% | $601K | $910K | 20x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6115 | +0.051% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6840 | +0.893% | $31K | $37K | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0008% | 1h | 8.5862 | −0.243% | $8K | $44K | 10x | as long as short |
| Lighter CXMTlong | +0.0032% | 1h | 8.6071 | long leg | $101K | $25K | 5x |
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
SunX CXMT-USDT
HTX CXMT-USDT
Polymarket Perps CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6070 | −0.001% | $5K | $111K | 20x | as long as short |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5948 | −0.143% | $55.3M | $8.0M | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5953 | −0.137% | $229K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6100 | +0.034% | $8K | $250K | 50x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0166% | 1h | 8.5940 | −0.152% | $23K | $50K | 10x | as long as short |
| Gate CXMT_USDT | +0.0256% | 1h | 8.5980 | −0.106% | $4.8M | $12.6M | 50x | as long as short |
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
Ondo Perps CXMT-USD.P
Gate CXMT_USDT