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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.5958 | 0.0032 | pay 0.0004% / 1h | 47m 46s | $100K | $21K | 5x |
| Short | Polymarket Perps CXMT-USD | 8.5746 | −0.0148 | pay 0.0019% / 1h | 47m 46s | $8K | $44K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 1 min ago | 2.68 bp | 6.2 bp −$6 | 38.6 bp −$386 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USDshort | −0.0148% | 1h | 8.5746 | −0.247% | $8K | $44K | 10x | |
| edgeX CXMTUSDC | −0.0098% | 4h | 8.5875 | −0.097% | $434K | $240K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6295 | +0.392% | $167K | $73K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5950 | −0.009% | $4.1M | $8.6M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5890 | −0.079% | $966K | $633K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5930 | −0.033% | $1.2M | $5.2M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5840 | −0.137% | $4.8M | $9.7M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5920 | −0.044% | $621K | $926K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6000 | +0.049% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6642 | +0.796% | $31K | $37K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTlong | +0.0032% | 1h | 8.5958 | long leg | $100K | $21K | 5x | |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5930 | −0.033% | $5K | $111K | 20x | as long as short |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5825 | −0.155% | $55.2M | $7.9M | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5872 | −0.100% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0052% | 1h | 8.5818 | −0.163% | $23K | $49K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.067% | $8K | $250K | 50x | as long as short |
Lighter CXMT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
tradeXYZ xyz:CXMT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT