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 05:00 UTC+0.0624%/8h= +68.4% APRnext payment +$0.78 per $10,000 · paid last 24h +0.043%
Price spread now: ApeX Omni against Lighter+0.445%108s7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$193as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2122.118% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.185%+$19 on $10k
Price spread, last 4 days (all we have)−0.660%−$66 · spread now +0.445%, 7d avg −0.064%
Together, before fees−0.474%+ Points / potential airdropLighter: Season 3 · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and ApeX Omni is 0.509% dearer against Lighter than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of −0.064%. 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CXMT8.6316−0.1072get 0.0134% / 1h39m 41s$101K$18K5x
ShortApeX Omni CXMTUSDT8.6700−0.0448pay 0.0056% / 1h39m 41s$8K$249K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$131.11
Price spread: +0.445% → −0.064%
$50.93
Slippage, 4 orders
−$201.78
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$29.74
Costs to cover
2.118%
Break-even
8.6 days
Slippage from Lighter: live order book, 51 min ago; ApeX Omni: live order book, 12 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 Lighter live order book, 51 min ago30.17 bp37.2 bp −$3757.8 bp −$578doesn't fitdoesn't fit
Sell ApeX Omni live order book, 12 min ago40.49 bp60.2 bp −$60250.7 bp −$2,507doesn'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
Binance CXMTUSDT−0.4466%4h8.6350+0.040%$4.5M$8.8M20xas long as short
Bybit CXMTUSDT−0.4312%8h8.6280−0.042%$1.0M$1.1M20xas long as short
Ondo Perps CXMT-USD.P−0.3460%1h8.6384+0.079%$29K$33K10xas long as short
OKX CXMT-USDT-SWAP−0.2793%8h8.6290−0.030%$1.4M$5.2M20xas long as short
tradeXYZ xyz:CXMT−0.2525%1h8.6224−0.107%$56.2M$9.1M10xas long as short
Bitget CXMTUSDT−0.2493%8h8.6330+0.016%$602K$823K20xas long as short
Gate CXMT_USDT−0.2416%1h8.6260−0.065%$5.8M$13.2M50xas long as short
Polymarket Perps CXMT-USD−0.2409%1h8.6262−0.063%$10K$47K10xas long as short
Aster CXMTUSDT−0.2048%8h8.6655+0.392%$139K$100K20xas long as short
SoDEX CXMT-USD−0.1599%1h8.6295−0.024%$229K$9K5xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMTlong−0.1072%1h8.6316long leg$101K$18K5x
ApeX Omni CXMTUSDTshort−0.0448%1h8.6700+0.445%$8K$249K50x
Popdex CXMTUSDT−0.0240%1h8.6380+0.074%$1K$115K20xas long as short
edgeX CXMTUSDC−0.0014%4h8.6263−0.061%$436K$241K10xas long as short
SunX CXMT-USDT0.0000%4h8.6421+0.122%$85$2.4M10xas long as short
HTX CXMT-USDT0.0000%4h8.6981+0.770%$32K$37K10xas long as short