Funding you earn now, next payment 02:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.134%
Price spread now: Lighter against OKX+0.027%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now +0.027%, 7d avg +0.045%
=Together, before fees+0.121%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX CXMT-USDT-SWAP | 8.5930 | 0 | get 0.0000% / 8h | 6h 34m | $1.2M | $5.1M | 20x |
| Short | Lighter CXMT | 8.5953 | 0.0032 | get 0.0004% / 1h | 34m 43s | $100K | $21K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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: +0.027% → +0.045%
- −$1.83
- Slippage, 4 orders
- −$32.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$37.16
- Costs to cover
- 0.420%
- Break-even
- 45.7 days
Slippage from OKX: live order book, 3 min ago; Lighter: live order book, 14 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 OKX live order book, 3 min ago | 1.75 bp | 11.0 bp −$11 | 72.5 bp −$725 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 14 min ago | 2.68 bp | 10.1 bp −$10 | 46.6 bp −$466 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | −0.0242% | 1h | 8.5740 | −0.221% | $8K | $44K | 10x | as long as short |
| edgeX CXMTUSDC | −0.0086% | 4h | 8.5798 | −0.154% | $434K | $240K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0026% | 1h | 8.5857 | −0.085% | $55.3M | $7.7M | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6317 | +0.450% | $168K | $73K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5982 | +0.061% | $4.1M | $8.5M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5910 | −0.023% | $971K | $629K | 20x | as long as short |
| OKX CXMT-USDT-SWAPlong | 0.0000% | 8h | 8.5930 | long leg | $1.2M | $5.1M | 20x | |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5950 | +0.023% | $4.9M | $9.8M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5900 | −0.035% | $619K | $911K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5991 | +0.071% | $84 | $2.5M | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CXMT-USDT | 0.0000% | 4h | 8.6595 | +0.774% | $31K | $37K | 10x | as long as short |
| Lighter CXMTshort | +0.0032% | 1h | 8.5953 | +0.027% | $100K | $21K | 5x | |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5920 | −0.012% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5855 | −0.087% | $228K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.6042 | +0.130% | $23K | $49K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.081% | $8K | $250K | 50x | as long as short |
OKX CXMT-USDT-SWAP
Lighter CXMT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
tradeXYZ xyz:CXMT
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT