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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0180%/8h= −19.8% APRnext payment $0.23 per $10,000 · paid last 24h −0.084%
Price spread now: Polymarket Perps against Lighter−0.247%45s7-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 −$5 a day on $10k at the current rate, and Polymarket Perps is 0.247% cheaper against Lighter than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CXMT8.59580.0032pay 0.0004% / 1h47m 46s$100K$21K5x
ShortPolymarket Perps CXMT-USD8.5746−0.0148pay 0.0019% / 1h47m 46s$8K$44K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Lighter. 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
−$37.88
Price spread: −0.247% → 0.000%
−$24.66
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$70.55
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 1 min ago; Polymarket Perps: no order-book sample. 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 Lighter live order book, 1 min ago2.68 bp6.2 bp −$638.6 bp −$386doesn't fitdoesn't fit
Sell Polymarket Perps no order-book sample
Polymarket Perps: 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
Polymarket Perps CXMT-USDshort−0.0148%1h8.5746−0.247%$8K$44K10x
edgeX CXMTUSDC−0.0098%4h8.5875−0.097%$434K$240K10xas long as short
Aster CXMTUSDT0.0000%8h8.6295+0.392%$167K$73K20xas long as short
Binance CXMTUSDT0.0000%4h8.5950−0.009%$4.1M$8.6M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5890−0.079%$966K$633K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5930−0.033%$1.2M$5.2M20xas long as short
Gate CXMT_USDT0.0000%1h8.5840−0.137%$4.8M$9.7M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5920−0.044%$621K$926K20xas long as short
SunX CXMT-USDT0.0000%4h8.6000+0.049%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6642+0.796%$31K$37K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMTlong+0.0032%1h8.5958long leg$100K$21K5x
Popdex CXMTUSDT+0.0048%1h8.5930−0.033%$5K$111K20xas long as short
tradeXYZ xyz:CXMT+0.0050%1h8.5825−0.155%$55.2M$7.9M10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5872−0.100%$228K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0052%1h8.5818−0.163%$23K$49K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5900−0.067%$8K$250K50xas long as short