CXMT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0016%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.060%

Price spread now: Lighter against Popdex+0.013%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$520.521% of the position

Long on Popdex Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.013%, 7d avg +0.003%

Together, before fees+0.086%+ Points / potential airdropLighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.092%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex CXMTUSDT	8.5510	0.0048	pay 0.0006% / 1h	59m 01s	$5K	$111K	20x
Short	Lighter CXMT	8.5521	0.0032	get 0.0004% / 1h	59m 01s	$101K	$29K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Popdex. 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

Position, each leg$Hold fordaysFee PopdexbpFee LighterbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$3.36
Price spread: +0.013% → +0.003%: $1.03
Slippage, 4 orders: −$45.66
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Lighter: 0 bp × 2 orders: $0
Net: −$54.39
Costs to cover: 0.521%
Break-even: never at this rate

Slippage from Popdex: live order book, 25 min ago; Lighter: live order book, 14 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 Popdex live order book, 25 min ago	1.17 bp	12.4 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 14 min ago	2.40 bp	21.8 bp −$22	54.6 bp −$546	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
edgeX CXMTUSDC	−0.0087%	4h	8.5415	−0.111%	$432K	$241K	10x	as long as short
Aster CXMTUSDT	0.0000%	8h	8.5649	+0.162%	$165K	$69K	20x	as long as short
Binance CXMTUSDT	0.0000%	4h	8.5511	+0.002%	$4.0M	$8.9M	20x	as long as short
Bybit CXMTUSDT	0.0000%	8h	8.5460	−0.058%	$968K	$703K	20x	as long as short
OKX CXMT-USDT-SWAP	0.0000%	8h	8.5460	−0.058%	$1.1M	$5.6M	20x	as long as short
Gate CXMT_USDT	0.0000%	1h	8.5450	−0.070%	$4.8M	$13.7M	50x	as long as short
Bitget CXMTUSDT	0.0000%	8h	8.5580	+0.082%	$532K	$878K	20x	as long as short
SunX CXMT-USDT	0.0000%	4h	8.5565	+0.064%	$84	$2.6M	10x	as long as short
HTX CXMT-USDT	0.0000%	4h	8.6081	+0.668%	$31K	$38K	10x	as long as short
Lighter CXMTshort	+0.0032%	1h	8.5521	+0.013%	$101K	$29K	5x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Popdex CXMTUSDTlong	+0.0048%	1h	8.5510	long leg	$5K	$111K	20x
tradeXYZ xyz:CXMT	+0.0050%	1h	8.5401	−0.127%	$55.0M	$8.3M	10x	as long as short
Polymarket Perps CXMT-USD	+0.0050%	1h	8.5393	−0.137%	$8K	$47K	10x	as long as short
SoDEX CXMT-USD	+0.0050%	1h	8.5420	−0.105%	$227K	$9K	5x	as long as short
Ondo Perps CXMT-USD.P	+0.0050%	1h	8.5452	−0.068%	$23K	$50K	10x	as long as short
ApeX Omni CXMTUSDT	+0.0100%	1h	8.5500	−0.012%	$8K	$249K	50x	as long as short