Funding you earn now, next payment 02:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h +0.055%
Price spread now: SunX against Lighter−0.058%7-day average +0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 3 days (all we have)−0.005%$0 · spread now −0.058%, 7d avg +0.052%
=Together, before fees+0.007%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.110% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.052%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.6081 | 0.0032 | pay 0.0004% / 1h | 56m 37s | $101K | $21K | 5x |
| Short | SunX CXMT-USDT | 8.6031 | 0 | get 0.0000% / 4h | 2h 56m | $84 | $2.5M | 10x |
Lighter CXMT
SunX CXMT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$6.72
- Price spread: −0.058% → +0.052%
- −$11.03
- Slippage, 4 orders
- −$158.98
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$184.73
- Costs to cover
- 1.670%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 58 min ago; SunX: live order book, 10 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, 58 min ago | 10.07 bp | 16.2 bp −$16 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 58.72 bp | 75.6 bp −$76 | 105.3 bp −$1,053 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0002% | 4h | 8.6010 | −0.082% | $435K | $239K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6309 | +0.265% | $167K | $72K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5950 | −0.152% | $967K | $634K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5950 | −0.152% | $1.2M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5960 | −0.141% | $622K | $940K | 20x | as long as short |
| SunX CXMT-USDTshort | 0.0000% | 4h | 8.6031 | −0.058% | $84 | $2.5M | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6577 | +0.576% | $31K | $37K | 10x | as long as short |
| Gate CXMT_USDT | +0.0016% | 1h | 8.5880 | −0.234% | $4.8M | $9.6M | 50x | as long as short |
| Binance CXMTUSDT | +0.0028% | 4h | 8.5983 | −0.114% | $4.1M | $8.6M | 20x | as long as short |
| Lighter CXMTlong | +0.0032% | 1h | 8.6081 | long leg | $101K | $21K | 5x |
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
HTX CXMT-USDT
Gate CXMT_USDT
Binance CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5970 | −0.129% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5877 | −0.237% | $8K | $44K | 10x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5875 | −0.239% | $228K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.210% | $8K | $250K | 50x | as long as short |
| tradeXYZ xyz:CXMT | +0.0217% | 1h | 8.5877 | −0.237% | $55.3M | $8.0M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0449% | 1h | 8.6035 | −0.053% | $23K | $49K | 10x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
SoDEX CXMT-USD
ApeX Omni CXMTUSDT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P