Funding you earn now, next payment 05:00 UTC+0.1034%/8h= +113.2% APRpaid last 24h +0.041%
Price spread now: edgeX against Lighter−0.027%109s7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$161as 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−$1531.528% of the position
Funding, last 7 days−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now −0.027%, 7d avg −0.158%
=Together, before fees−0.183%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and edgeX is 0.131% dearer against Lighter than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.158%. Mind the row above: over the last 7 days funding on this pair cost −0.083%, so the current rate has only just turned in your favour. The two prices were read 109 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 -0.083% in total (about -4.3% 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 | Lighter CXMT | 8.6364 | −0.1128 | get 0.0141% / 1h | 41m 42s | $102K | $18K | 5x |
| Short | edgeX CXMTUSDC | 8.6340 | −0.0094 | pay 0.0047% / 4h | 3h 41m | $437K | $242K | 10x |
Lighter CXMT
edgeX CXMTUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $217.04
- Price spread: −0.027% → −0.158%
- $13.07
- Slippage, 4 orders
- −$143.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $77.33
- Costs to cover
- 1.528%
- Break-even
- 4.5 days
Slippage from Lighter: live order book, 49 min ago; edgeX: 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, 49 min ago | 30.17 bp | 37.2 bp −$37 | 57.8 bp −$578 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 12 min ago | 11.98 bp | 22.9 bp −$23 | doesn't fit | 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 | −0.4468% | 4h | 8.6401 | +0.043% | $4.5M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4345% | 8h | 8.6330 | −0.039% | $1.0M | $1.1M | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3470% | 1h | 8.6353 | −0.013% | $29K | $33K | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2776% | 8h | 8.6320 | −0.051% | $1.4M | $5.2M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.2556% | 1h | 8.6249 | −0.133% | $56.3M | $9.1M | 10x | as long as short |
| Bitget CXMTUSDT | −0.2485% | 8h | 8.6460 | +0.111% | $603K | $822K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2474% | 1h | 8.6306 | −0.067% | $10K | $47K | 10x | as long as short |
| Gate CXMT_USDT | −0.2416% | 1h | 8.6280 | −0.097% | $5.8M | $13.2M | 50x | as long as short |
| Aster CXMTUSDT | −0.2055% | 8h | 8.6668 | +0.352% | $139K | $100K | 20x | as long as short |
| SoDEX CXMT-USD | −0.1630% | 1h | 8.6365 | +0.001% | $230K | $9K | 5x | as long as short |
Binance CXMTUSDT
Bybit CXMTUSDT
Ondo Perps CXMT-USD.P
OKX CXMT-USDT-SWAP
tradeXYZ xyz:CXMT
Bitget CXMTUSDT
Polymarket Perps CXMT-USD
Gate CXMT_USDT
Aster CXMTUSDT
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTlong | −0.1128% | 1h | 8.6364 | long leg | $102K | $18K | 5x | |
| ApeX Omni CXMTUSDT | −0.0502% | 1h | 8.6400 | +0.042% | $8K | $249K | 50x | as long as short |
| Popdex CXMTUSDT | −0.0304% | 1h | 8.6400 | +0.042% | $1K | $115K | 20x | as long as short |
| edgeX CXMTUSDCshort | −0.0094% | 4h | 8.6340 | −0.027% | $437K | $242K | 10x | |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6485 | +0.140% | $85 | $2.4M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6968 | +0.699% | $32K | $37K | 10x | as long as short |
ApeX Omni CXMTUSDT
Popdex CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT