Funding you earn now, next payment 03:00 UTC+0.0348%/8h= +38.2% APRpaid last 24h −0.150%
Price spread now: Bybit against Lighter−0.187%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1061.057% of the position
Funding, last 7 days−0.227%−$23 on $10k
+Price spread, last 4 days (all we have)+0.196%+$20 · spread now −0.187%, 7d avg −0.056%
=Together, before fees−0.030%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.131% cheaper against Lighter than usual: you would sell low and buy high (spread −0.187% now, against its 7-day average of −0.056%). If the spread goes back, that is −$13 on $10k: about 30 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.227%, 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 -0.227% in total (about -11.8% a year). A funding rate is set anew for every payment. 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 | Lighter CXMT | 8.6241 | −0.3136 | get 0.0392% / 1h | 33m 05s | $101K | $21K | 5x |
| Short | Bybit CXMTUSDT | 8.6080 | −0.2788 | pay 0.2788% / 8h | 5h 33m | $959K | $601K | 20x |
Lighter CXMT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $73.18
- Price spread: −0.187% → −0.056%
- −$13.11
- Slippage, 4 orders
- −$94.68
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.62
- Costs to cover
- 1.057%
- Break-even
- 11.4 days
Slippage from Lighter: live order book, 2 min ago; Bybit: live order book, 27 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, 2 min ago | 15.27 bp | 16.9 bp −$17 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 27 min ago | 4.08 bp | 19.3 bp −$19 | 450.1 bp −$4,501 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.7160% | 1h | 8.5980 | −0.303% | $5K | $112K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4891% | 1h | 8.6292 | +0.059% | $8K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4716% | 1h | 8.6029 | −0.246% | $55.7M | $7.2M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.4133% | 1h | 8.6034 | −0.240% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3461% | 1h | 8.6030 | −0.245% | $229K | $9K | 5x | as long as short |
| Lighter CXMTlong | −0.3136% | 1h | 8.6241 | long leg | $101K | $21K | 5x | |
| Gate CXMT_USDT | −0.3024% | 1h | 8.5910 | −0.384% | $5.3M | $11.0M | 50x | as long as short |
| Bybit CXMTUSDTshort | −0.2788% | 8h | 8.6080 | −0.187% | $959K | $601K | 20x | |
| Binance CXMTUSDT | −0.1614% | 4h | 8.6109 | −0.153% | $4.2M | $7.8M | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.1278% | 1h | 8.6400 | +0.184% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDT
Binance CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.0894% | 4h | 8.6031 | −0.244% | $84 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.0484% | 8h | 8.6020 | −0.256% | $611K | $841K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0458% | 8h | 8.6040 | −0.233% | $1.3M | $4.6M | 20x | as long as short |
| Aster CXMTUSDT | −0.0322% | 8h | 8.6068 | −0.201% | $156K | $78K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0063% | 4h | 8.5968 | −0.317% | $435K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6659 | +0.485% | $31K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT