Funding you earn now, next payment 10:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h −0.141%
Price spread now: Popdex against Lighter+0.013%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$990.989% of the position
Funding, last 4 days (all we have)−0.217%−$22 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.013%, 7d avg −0.020%
=Together, before fees−0.236%+ Points / potential airdropLighter: Season 3 · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Popdex is 0.033% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 4 days funding on this pair cost −0.217%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.5469 | 0.0032 | pay 0.0004% / 1h | 12m 32s | $100K | $16K | 5x |
| Short | Popdex CXMTUSDT | 8.5480 | 0.0048 | get 0.0006% / 1h | 12m 32s | $2K | $114K | 20x |
Lighter CXMT
Popdex CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex 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
- $3.36
- Price spread: +0.013% → −0.020%
- $3.25
- Slippage, 4 orders
- −$92.48
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$92.26
- Costs to cover
- 0.989%
- Break-even
- 199.2 days
Slippage from Lighter: live order book, 32 min ago; Popdex: live order book, 39 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, 32 min ago | 22.56 bp | 31.5 bp −$32 | 73.6 bp −$736 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 39 min ago | 1.17 bp | 10.7 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
CXMT on 16 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | −0.2213% | 8h | 8.5430 | −0.046% | $663K | $1.1M | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.2210% | 8h | 8.5460 | −0.011% | $1.1M | $5.9M | 20x | as long as short |
| Aster CXMTUSDT | −0.1399% | 8h | 8.5393 | −0.089% | $136K | $71K | 20x | as long as short |
| Binance CXMTUSDT | −0.1019% | 4h | 8.5478 | +0.011% | $4.0M | $10.3M | 20x | as long as short |
| Gate CXMT_USDT | −0.0704% | 1h | 8.5440 | −0.034% | $5.2M | $14.1M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.0618% | 1h | 8.5351 | −0.138% | $28K | $41K | 10x | as long as short |
| Bybit CXMTUSDT | −0.0159% | 8h | 8.5460 | −0.011% | $924K | $1.6M | 20x | as long as short |
| edgeX CXMTUSDC | −0.0016% | 4h | 8.5392 | −0.090% | $458K | $268K | 10x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5308 | −0.188% | $84 | $1.8M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6037 | +0.665% | $32K | $39K | 10x | as long as short |
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
Binance CXMTUSDT
Gate CXMT_USDT
Ondo Perps CXMT-USD.P
Bybit CXMTUSDT
edgeX CXMTUSDC
SunX CXMT-USDT
HTX CXMT-USDTShow all 16 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTlong | +0.0032% | 1h | 8.5469 | long leg | $100K | $16K | 5x | |
| Popdex CXMTUSDTshort | +0.0048% | 1h | 8.5480 | +0.013% | $2K | $114K | 20x | |
| tradeXYZ xyz:CXMT | +0.0050% | 1h | 8.5410 | −0.069% | $55.6M | $10.0M | 10x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5322 | −0.172% | $8K | $45K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5409 | −0.070% | $227K | $12K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5400 | −0.081% | $8K | $253K | 50x | as long as short |
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT