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 − costs—prices read too far apart to compare
costs, in and out, $10k−$2122.118% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.6316 | −0.1072 | get 0.0134% / 1h | 39m 41s | $101K | $18K | 5x |
| Short | ApeX Omni CXMTUSDT | 8.6700 | −0.0448 | pay 0.0056% / 1h | 39m 41s | $8K | $249K | 50x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 51 min ago | 30.17 bp | 37.2 bp −$37 | 57.8 bp −$578 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 12 min ago | 40.49 bp | 60.2 bp −$60 | 250.7 bp −$2,507 | 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 | −0.4466% | 4h | 8.6350 | +0.040% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4312% | 8h | 8.6280 | −0.042% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3460% | 1h | 8.6384 | +0.079% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2793% | 8h | 8.6290 | −0.030% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2525% | 1h | 8.6224 | −0.107% | $56.2M | $9.1M | 10x | as long as short |
| Bitget CXMTUSDT | −0.2493% | 8h | 8.6330 | +0.016% | $602K | $823K | 20x | as long as short |
| Gate CXMT_USDT | −0.2416% | 1h | 8.6260 | −0.065% | $5.8M | $13.2M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.2409% | 1h | 8.6262 | −0.063% | $10K | $47K | 10x | as long as short |
| Aster CXMTUSDT | −0.2048% | 8h | 8.6655 | +0.392% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1599% | 1h | 8.6295 | −0.024% | $229K | $9K | 5x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTlong | −0.1072% | 1h | 8.6316 | long leg | $101K | $18K | 5x | |
| ApeX Omni CXMTUSDTshort | −0.0448% | 1h | 8.6700 | +0.445% | $8K | $249K | 50x | |
| Popdex CXMTUSDT | −0.0240% | 1h | 8.6380 | +0.074% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0014% | 4h | 8.6263 | −0.061% | $436K | $241K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6421 | +0.122% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6981 | +0.770% | $32K | $37K | 10x | as long as short |
Lighter CXMT
ApeX Omni CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Aster CXMTUSDT
SoDEX CXMT-USD
Popdex CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDT