Funding arb · Price arb /

CXMT

RWAall CXMT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.2776%/8h= −304.0% APRpaid last 24h −0.039%

Price spread now: Lighter against HTX−0.822%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and Lighter is 0.822% cheaper against HTX than usual: you would sell low and buy high (−$82 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX CXMT-USDT	8.7800	0	get 0.0000% / 4h	1h 02m	$32K	$37K	10x
Short	Lighter CXMT	8.7078	−0.2776	pay 0.0347% / 1h	2m 32s	$102K	$21K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee LighterbpOrdersPrice spread, now −0.822%Rate

Funding earned: −$582.96
Price spread: −0.822% → 0.000%: −$82.23
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$677.19
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: HTX: no order-book sample; Lighter: live order book, 33 min ago. Net counts fees only.

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 HTX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 33 min ago	15.27 bp	44.9 bp −$45	86.6 bp −$866	doesn't fit	doesn't fit

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Popdex CXMTUSDT	−0.6672%	1h	8.6950	−0.968%	$1K	$115K	20x	as long as short
Polymarket Perps CXMT-USD	−0.4722%	1h	8.7095	−0.803%	$8K	$49K	10x	as long as short
tradeXYZ xyz:CXMT	−0.4592%	1h	8.6815	−1.122%	$56.4M	$8.4M	10x	as long as short
Bybit CXMTUSDT	−0.4077%	8h	8.6830	−1.105%	$976K	$739K	20x	as long as short
Ondo Perps CXMT-USD.P	−0.3790%	1h	8.6564	−1.408%	$29K	$33K	10x	as long as short
SoDEX CXMT-USD	−0.3508%	1h	8.6900	−1.025%	$231K	$9K	5x	as long as short
Gate CXMT_USDT	−0.3336%	1h	8.6750	−1.196%	$5.6M	$12.4M	50x	as long as short
Binance CXMTUSDT	−0.3271%	4h	8.6950	−0.968%	$4.4M	$8.6M	20x	as long as short
Lighter CXMTshort	−0.2776%	1h	8.7078	−0.822%	$102K	$21K	5x
ApeX Omni CXMTUSDT	−0.1832%	1h	8.7000	−0.911%	$8K	$250K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX CXMT-USDT	−0.1666%	4h	8.7047	−0.858%	$85	$2.4M	10x	as long as short
Bitget CXMTUSDT	−0.1416%	8h	8.6950	−0.968%	$598K	$832K	20x	as long as short
OKX CXMT-USDT-SWAP	−0.1401%	8h	8.6890	−1.036%	$1.4M	$5.1M	20x	as long as short
Aster CXMTUSDT	−0.1244%	8h	8.7550	−0.285%	$145K	$104K	20x	as long as short
edgeX CXMTUSDC	−0.0040%	4h	8.6923	−0.998%	$440K	$241K	10x	as long as short
HTX CXMT-USDTlong	0.0000%	4h	8.7800	long leg	$32K	$37K	10x