Funding you earn now, next payment 06:00 UTC+0.1381%/8h= +151.3% APRpaid last 24h +0.131%
Price spread now: Lighter against OKX+0.509%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$980.980% of the position
Funding, last 7 days+0.098%+$10 on $10k
+Price spread, last 4 days (all we have)−0.482%−$48 · spread now +0.509%, 7d avg +0.067%
=Together, before fees−0.384%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Lighter is 0.442% dearer against OKX than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of +0.067%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.098% in total (about 5.1% 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 | OKX CXMT-USDT-SWAP | 8.5490 | −0.3581 | get 0.3581% / 8h | 2h 28m | $1.3M | $5.3M | 20x |
| Short | Lighter CXMT | 8.5925 | −0.2200 | pay 0.0275% / 1h | 28m 10s | $101K | $18K | 5x |
OKX CXMT-USDT-SWAP
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- $290.11
- Price spread: +0.509% → +0.067%
- $44.18
- Slippage, 4 orders
- −$88.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $236.26
- Costs to cover
- 0.980%
- Break-even
- 1.3 days
Slippage from OKX: live order book, 5 min ago; Lighter: live order book, 57 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 OKX live order book, 5 min ago | 3.50 bp | 20.1 bp −$20 | 123.2 bp −$1,232 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 57 min ago | 17.38 bp | 40.3 bp −$40 | 97.1 bp −$971 | 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 | −0.5392% | 1h | 8.5510 | +0.023% | $2K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4618% | 4h | 8.5539 | +0.058% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4071% | 8h | 8.5620 | +0.152% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3836% | 1h | 8.5591 | +0.118% | $56.0M | $9.5M | 10x | as long as short |
| OKX CXMT-USDT-SWAPlong | −0.3581% | 8h | 8.5490 | long leg | $1.3M | $5.3M | 20x | |
| Polymarket Perps CXMT-USD | −0.3504% | 1h | 8.6343 | +0.998% | $9K | $52K | 10x | as long as short |
| Gate CXMT_USDT | −0.3248% | 1h | 8.5390 | −0.117% | $5.7M | $13.7M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3246% | 1h | 8.5287 | −0.237% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3169% | 1h | 8.5462 | −0.033% | $227K | $9K | 5x | as long as short |
| Bitget CXMTUSDT | −0.3130% | 8h | 8.5520 | +0.035% | $603K | $839K | 20x | as long as short |
Popdex CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Bitget CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni CXMTUSDT | −0.2630% | 1h | 8.6100 | +0.714% | $8K | $251K | 50x | as long as short |
| Aster CXMTUSDT | −0.2459% | 8h | 8.5654 | +0.191% | $137K | $105K | 20x | as long as short |
| Lighter CXMTshort | −0.2200% | 1h | 8.5925 | +0.509% | $101K | $18K | 5x | |
| SunX CXMT-USDT | −0.1144% | 4h | 8.5559 | +0.081% | $84 | $2.4M | 10x | as long as short |
| edgeX CXMTUSDC | −0.0023% | 4h | 8.5748 | +0.301% | $434K | $243K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6509 | +1.192% | $32K | $38K | 10x | as long as short |
ApeX Omni CXMTUSDT
Aster CXMTUSDT
SunX CXMT-USDT
edgeX CXMTUSDC
HTX CXMT-USDT