Funding you earn now, next payment 05:00 UTC−0.0626%/8h= −68.5% APRnext payment −$0.78 per $10,000 · paid last 24h −0.043%
Price spread now: Lighter against ApeX Omni−0.042%108s7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2122.118% of the position
Funding, last 7 days−0.185%−$19 on $10k
+Price spread, last 4 days (all we have)+0.256%+$26 · spread now −0.042%, 7d avg +0.064%
=Together, before fees+0.071%+ Points / potential airdropLighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Lighter is 0.106% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.185% in total (about -9.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.78 per $10,000. 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 | ApeX Omni CXMTUSDT | 8.6400 | −0.0502 | get 0.0063% / 1h | 41m 32s | $8K | $249K | 50x |
| Short | Lighter CXMT | 8.6364 | −0.1128 | pay 0.0141% / 1h | 41m 32s | $102K | $18K | 5x |
ApeX Omni CXMTUSDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against ApeX Omni. 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
- −$131.44
- Price spread: −0.042% → +0.064%
- −$10.61
- Slippage, 4 orders
- −$201.78
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$353.84
- Costs to cover
- 2.118%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 10 min ago; Lighter: live order book, 49 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 ApeX Omni live order book, 10 min ago | 40.49 bp | 60.8 bp −$61 | 253.0 bp −$2,530 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 49 min ago | 30.17 bp | 53.5 bp −$54 | 99.6 bp −$996 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDT | −0.4468% | 4h | 8.6392 | −0.009% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4334% | 8h | 8.6330 | −0.081% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3466% | 1h | 8.6384 | −0.019% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2776% | 8h | 8.6320 | −0.093% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2556% | 1h | 8.6249 | −0.175% | $56.3M | $9.1M | 10x | as long as short |
| Bitget CXMTUSDT | −0.2488% | 8h | 8.6460 | +0.069% | $603K | $822K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2474% | 1h | 8.6306 | −0.109% | $10K | $47K | 10x | as long as short |
| Gate CXMT_USDT | −0.2416% | 1h | 8.6260 | −0.162% | $5.8M | $13.2M | 50x | as long as short |
| Aster CXMTUSDT | −0.2056% | 8h | 8.6666 | +0.308% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1630% | 1h | 8.6365 | −0.041% | $230K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Aster CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTshort | −0.1128% | 1h | 8.6364 | −0.042% | $102K | $18K | 5x | |
| ApeX Omni CXMTUSDTlong | −0.0502% | 1h | 8.6400 | long leg | $8K | $249K | 50x | |
| Popdex CXMTUSDT | −0.0264% | 1h | 8.6390 | −0.012% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0014% | 4h | 8.6263 | −0.159% | $436K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6485 | +0.098% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6968 | +0.657% | $32K | $37K | 10x | as long as short |
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT