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+0.0201%/8h= +22.0% APRnext payment +$0.25 per $10,000 · paid last 24h +0.084%
Price spread now: Lighter against Polymarket Perps+0.231%45s7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.231% dearer against Polymarket Perps than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). 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
LongPolymarket Perps CXMT-USD8.5738−0.0169get 0.0021% / 1h46m 39s$8K$44K10x
ShortLighter CXMT8.59360.0032get 0.0004% / 1h46m 39s$100K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Polymarket Perps. 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
$42.25
Price spread: +0.231% → 0.000%
$23.09
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$57.35
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Polymarket Perps: no order-book sample; Lighter: live order book, 3 min ago. 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 Polymarket Perps no order-book sample
Sell Lighter live order book, 3 min ago2.68 bp10.1 bp −$1046.6 bp −$466doesn't fitdoesn't fit
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-USDlong−0.0169%1h8.5738long leg$8K$44K10x
edgeX CXMTUSDC−0.0008%4h8.5819+0.095%$434K$241K10xas long as short
Aster CXMTUSDT0.0000%8h8.6300+0.655%$167K$73K20xas long as short
Binance CXMTUSDT0.0000%4h8.5920+0.212%$4.1M$8.6M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5890+0.177%$969K$635K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5870+0.154%$1.2M$5.2M20xas long as short
Gate CXMT_USDT0.0000%1h8.5820+0.096%$4.8M$9.7M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5870+0.154%$621K$920K20xas long as short
SunX CXMT-USDT0.0000%4h8.5951+0.248%$84$2.5M10xas long as short
HTX CXMT-USDT0.0000%4h8.6642+1.054%$31K$37K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMTshort+0.0032%1h8.5936+0.231%$100K$21K5x
Popdex CXMTUSDT+0.0048%1h8.5920+0.212%$5K$111K20xas long as short
tradeXYZ xyz:CXMT+0.0050%1h8.5807+0.080%$55.2M$7.9M10xas long as short
SoDEX CXMT-USD+0.0050%1h8.5845+0.125%$228K$9K5xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5818+0.093%$23K$49K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5900+0.189%$8K$250K50xas long as short