Funding you earn now, next payment 23:00 UTC−0.0120%/8h= −13.1% APRnext payment −$0.15 per $10,000 · paid last 24h +0.043%
Price spread now: Lighter against Gate+0.106%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.264%−$26 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.106%, 7d avg +0.038%
=Together, before fees−0.383%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.068% dearer against Gate than usual: you sell high and buy low (spread +0.106% now, against its 7-day average of +0.038%): +$7 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate CXMT_USDT | 8.5680 | 0.0192 | pay 0.0024% / 1h | 24m 10s | $4.9M | $13.8M | 50x |
| Short | Lighter CXMT | 8.5771 | 0.0072 | get 0.0009% / 1h | 24m 10s | $101K | $29K | 5x |
Gate CXMT_USDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$25.2
- Price spread: +0.106% → +0.038%
- $6.82
- Slippage, 4 orders
- −$41.39
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$74.77
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago | 1.17 bp | 12.6 bp −$13 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 49 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 | −0.0082% | 4h | 8.5653 | −0.032% | $433K | $239K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5873 | +0.226% | $166K | $69K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5760 | +0.093% | $4.0M | $8.9M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5680 | 0.000% | $970K | $702K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5730 | +0.058% | $1.1M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5760 | +0.093% | $536K | $879K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5820 | +0.163% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6337 | +0.767% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5780 | +0.117% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5659 | −0.025% | $228K | $9K | 5x | as long as short |
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | +0.0072% | 1h | 8.5642 | −0.044% | $8K | $48K | 10x | as long as short |
| Lighter CXMTshort | +0.0072% | 1h | 8.5771 | +0.106% | $101K | $29K | 5x | |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5500 | −0.210% | $8K | $249K | 50x | as long as short |
| Gate CXMT_USDTlong | +0.0192% | 1h | 8.5680 | long leg | $4.9M | $13.8M | 50x | |
| Ondo Perps CXMT-USD.P | +0.0302% | 1h | 8.5684 | +0.005% | $23K | $50K | 10x | as long as short |
| tradeXYZ xyz:CXMT | +0.0421% | 1h | 8.5653 | −0.032% | $55.1M | $8.3M | 10x | as long as short |
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT