Funding you earn now, next payment 07:00 UTC+0.2998%/8h= +328.3% APRpaid last 24h +0.122%
Price spread now: Lighter against Bitget−0.033%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1061.060% of the position
Funding, last 7 days+0.124%+$12 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.033%, 7d avg +0.027%
=Together, before fees+0.195%+ Points / potential airdropLighter: Season 3 · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.059% cheaper against Bitget than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.027%). If the spread goes back, that is −$6 on $10k: about 2 hours of funding at the current rate (+$90 a day). At the pace of the last 7 days (+0.124% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.124% in total (about 6.5% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CXMTUSDT | 8.5900 | −0.3678 | get 0.3678% / 8h | 1h 17m | $626K | $850K | 20x |
| Short | Lighter CXMT | 8.5872 | −0.0680 | pay 0.0085% / 1h | 17m 20s | $101K | $18K | 5x |
Bitget CXMTUSDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $629.58
- Price spread: −0.033% → +0.027%
- −$5.92
- Slippage, 4 orders
- −$94.03
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $517.63
- Costs to cover
- 1.060%
- Break-even
- 1.2 days
Slippage from Bitget: live order book, 23 min ago; Lighter: live order book, 63 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 Bitget live order book, 23 min ago | 2.91 bp | 16.3 bp −$16 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 63 min ago | 17.80 bp | 38.8 bp −$39 | 80.8 bp −$808 | 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 | −0.4339% | 4h | 8.5900 | 0.000% | $4.2M | $9.5M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.4113% | 8h | 8.5950 | +0.058% | $1.4M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3928% | 8h | 8.5950 | +0.058% | $1.1M | $1.1M | 20x | as long as short |
| Bitget CXMTUSDTlong | −0.3678% | 8h | 8.5900 | long leg | $626K | $850K | 20x | |
| Aster CXMTUSDT | −0.3196% | 8h | 8.5890 | −0.012% | $138K | $87K | 20x | as long as short |
| Gate CXMT_USDT | −0.2784% | 1h | 8.5700 | −0.233% | $5.7M | $13.6M | 50x | as long as short |
| Popdex CXMTUSDT | −0.2728% | 1h | 8.5920 | +0.023% | $2K | $116K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2603% | 1h | 8.5832 | −0.079% | $8K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.2390% | 1h | 8.5783 | −0.136% | $55.9M | $9.7M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.1888% | 1h | 8.5525 | −0.437% | $29K | $33K | 10x | as long as short |
Binance CXMTUSDT
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Aster CXMTUSDT
Gate CXMT_USDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.PShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.1499% | 1h | 8.5877 | −0.027% | $228K | $9K | 5x | as long as short |
| SunX CXMT-USDT | −0.0881% | 4h | 8.5946 | +0.054% | $84 | $2.4M | 10x | as long as short |
| Lighter CXMTshort | −0.0680% | 1h | 8.5872 | −0.033% | $101K | $18K | 5x | |
| ApeX Omni CXMTUSDT | −0.0151% | 1h | 8.5900 | 0.000% | $8K | $251K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0070% | 4h | 8.5761 | −0.162% | $459K | $267K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6600 | +0.815% | $32K | $39K | 10x | as long as short |
SoDEX CXMT-USD
SunX CXMT-USDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT