Funding you earn now, next payment 23:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.037%
Price spread now: Lighter against SoDEX+0.090%7-day average +0.133% · 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−$91as in the Price arb table
costs, in and out, $10k−$870.866% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now +0.090%, 7d avg +0.133%
=Together, before fees+0.015%+ Points / potential airdropLighter: Season 3 · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.043% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CXMT-USD | 8.5463 | 0.0050 | pay 0.0006% / 1h | 48m 19s | $227K | $9K | 5x |
| Short | Lighter CXMT | 8.5540 | 0.0032 | get 0.0004% / 1h | 48m 19s | $101K | $29K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$3.78
- Price spread: +0.090% → +0.133%
- −$4.26
- Slippage, 4 orders
- −$78.61
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$94.65
- Costs to cover
- 0.866%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 35 min ago; Lighter: live order book, 24 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 SoDEX live order book, 35 min ago | 1.76 bp | 27.1 bp −$27 | 1564.0 bp −$15.6K | doesn't fit | doesn't fit |
| Sell Lighter live order book, 24 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 | −0.0073% | 4h | 8.5469 | +0.007% | $432K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5665 | +0.237% | $165K | $69K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5558 | +0.111% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5480 | +0.020% | $968K | $703K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5470 | +0.008% | $1.1M | $5.6M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5480 | +0.020% | $4.9M | $13.7M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5610 | +0.172% | $533K | $878K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5611 | +0.173% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6292 | +0.970% | $31K | $38K | 10x | as long as short |
| Lighter CXMTshort | +0.0032% | 1h | 8.5540 | +0.090% | $101K | $29K | 5x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5540 | +0.090% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5438 | −0.029% | $8K | $47K | 10x | as long as short |
| SoDEX CXMT-USDlong | +0.0050% | 1h | 8.5463 | long leg | $227K | $9K | 5x | |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5586 | +0.144% | $23K | $50K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5500 | +0.043% | $8K | $249K | 50x | as long as short |
| tradeXYZ xyz:CXMT | +0.0134% | 1h | 8.5450 | −0.015% | $55.0M | $8.3M | 10x | as long as short |
SoDEX CXMT-USD
Lighter CXMT
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
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT
tradeXYZ xyz:CXMT