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 11:00 UTC−0.0256%/8h= −28.0% APRnext payment $0.32 per $10,000 · paid last 24h −0.158%
Price spread now: Gate against Lighter−0.082%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1031.032% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.062%+$6 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.082%, 7d avg −0.072%
Together, before fees+0.157%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.072%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.32 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter CXMT8.58400.0240pay 0.0030% / 1h46m 04s$101K$15K5x
ShortGate CXMT_USDT8.5770−0.0016pay 0.0002% / 1h46m 04s$5.2M$14.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$53.76
Price spread: −0.082% → −0.072%
−$0.91
Slippage, 4 orders
−$88.21
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$157.88
Costs to cover
1.032%
Break-even
never at this rate
Slippage from Lighter: live order book, 58 min ago; Gate: live order book, 1 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, 58 min ago22.56 bp31.5 bp −$3273.6 bp −$736doesn't fitdoesn't fit
Sell Gate live order book, 1 min ago1.75 bp12.4 bp −$1236.7 bp −$367doesn't fitdoesn't fit

CXMT on 16 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CXMTUSDT−0.1630%8h8.5800−0.047%$662K$1.1M20xas long as short
OKX CXMT-USDT-SWAP−0.1579%8h8.5780−0.070%$1.1M$5.9M20xas long as short
Aster CXMTUSDT−0.1037%8h8.5589−0.292%$137K$71K20xas long as short
Binance CXMTUSDT−0.0223%4h8.5824−0.018%$4.0M$10.3M20xas long as short
Gate CXMT_USDTshort−0.0016%1h8.5770−0.082%$5.2M$14.4M50x
edgeX CXMTUSDC−0.0004%4h8.5825−0.018%$460K$267K10xas long as short
Bybit CXMTUSDT0.0000%8h8.5760−0.093%$920K$1.6M20xas long as short
SunX CXMT-USDT0.0000%4h8.5915+0.087%$84$1.7M10xas long as short
HTX CXMT-USDT0.0000%4h8.6485+0.751%$32K$39K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.5810−0.035%$2K$114K20xas long as short
Show all 16 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps CXMT-USD+0.0050%1h8.5772−0.079%$8K$45K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5900+0.070%$8K$253K50xas long as short
Lighter CXMTlong+0.0240%1h8.5840long leg$101K$15K5x
Ondo Perps CXMT-USD.P+0.0555%1h8.5737−0.120%$28K$41K10xas long as short
SoDEX CXMT-USD+0.0711%1h8.5774−0.077%$228K$12K5xas long as short
tradeXYZ xyz:CXMT+0.1426%1h8.5682−0.184%$55.8M$10.0M10xas long as short