Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.2438%/8h= −267.0% APRpaid last 24h +0.103%
Price spread now: Lighter against Aster+0.216%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1481.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.212%+$21 on $10k
Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.216%, 7d avg +0.007%
Together, before fees−0.112%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.209% dearer against Aster than usual: you sell high and buy low (spread +0.216% now, against its 7-day average of +0.007%): +$21 on $10k if it goes back. Holding the pair costs −$73 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.212%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.212% in total (about 11.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster CXMTUSDT8.6235−0.0498get 0.0498% / 8h5h 26m$156K$78K20x
ShortLighter CXMT8.6421−0.2936pay 0.0367% / 1h26m 59s$101K$21K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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
−$512.02
Price spread: +0.216% → +0.007%
$20.89
Slippage, 4 orders
−$140.27
Fee Aster: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$639.4
Costs to cover
1.483%
Break-even
never at this rate
Slippage from Aster: live order book, 34 min ago; Lighter: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 34 min ago19.82 bp49.5 bp −$50doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 9 min ago15.27 bp44.9 bp −$4586.6 bp −$866doesn't fitdoesn't fit

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
Popdex CXMTUSDT−0.6912%1h8.6240+0.006%$5K$111K20xas long as short
Polymarket Perps CXMT-USD−0.4735%1h8.6426+0.221%$8K$46K10xas long as short
tradeXYZ xyz:CXMT−0.4584%1h8.6177−0.067%$55.8M$7.4M10xas long as short
Ondo Perps CXMT-USD.P−0.3947%1h8.5606−0.730%$29K$33K10xas long as short
SoDEX CXMT-USD−0.3344%1h8.6152−0.096%$229K$9K5xas long as short
Gate CXMT_USDT−0.3072%1h8.6060−0.203%$5.4M$11.2M50xas long as short
Bybit CXMTUSDT−0.2998%8h8.6210−0.029%$961K$594K20xas long as short
Lighter CXMTshort−0.2936%1h8.6421+0.216%$101K$21K5x
Binance CXMTUSDT−0.1910%4h8.6335+0.115%$4.2M$7.8M20xas long as short
ApeX Omni CXMTUSDT−0.1438%1h8.6500+0.307%$8K$250K50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT−0.1019%4h8.6326+0.105%$85$2.4M10xas long as short
Bitget CXMTUSDT−0.0651%8h8.6120−0.134%$612K$803K20xas long as short
OKX CXMT-USDT-SWAP−0.0627%8h8.6190−0.052%$1.3M$4.5M20xas long as short
Aster CXMTUSDTlong−0.0498%8h8.6235long leg$156K$78K20x
edgeX CXMTUSDC−0.0096%4h8.6035−0.233%$435K$240K10xas long as short
HTX CXMT-USDT0.0000%4h8.6623+0.450%$31K$37K10xas long as short