Funding you earn now, next payment 02:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.039%
Price spread now: Lighter against SoDEX+0.104%7-day average +0.133% · 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−$77as in the Price arb table
costs, in and out, $10k−$740.741% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.104%, 7d avg +0.133%
=Together, before fees+0.001%+ Points / potential airdropLighter: Season 3 · farm board$0 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 Lighter is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.133%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX CXMT-USD | 8.5861 | 0.0050 | pay 0.0006% / 1h | 37m 20s | $228K | $9K | 5x |
| Short | Lighter CXMT | 8.5950 | 0.0032 | get 0.0004% / 1h | 37m 20s | $100K | $21K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SoDEX. 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
- −$3.78
- Price spread: +0.104% → +0.133%
- −$2.95
- Slippage, 4 orders
- −$66.09
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$80.82
- Costs to cover
- 0.741%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 31 min ago; Lighter: 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 SoDEX live order book, 31 min ago | 2.04 bp | 28.6 bp −$29 | 1516.2 bp −$15.2K | doesn't fit | doesn't fit |
| Sell Lighter live order book, 12 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 | −0.0233% | 1h | 8.5728 | −0.155% | $8K | $44K | 10x | as long as short |
| edgeX CXMTUSDC | −0.0086% | 4h | 8.5798 | −0.074% | $434K | $240K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0018% | 1h | 8.5809 | −0.061% | $55.2M | $7.7M | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6334 | +0.551% | $168K | $73K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5909 | +0.056% | $4.1M | $8.5M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5910 | +0.057% | $971K | $629K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5820 | −0.048% | $1.2M | $5.1M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5810 | −0.059% | $4.9M | $9.8M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5810 | −0.059% | $620K | $907K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5960 | +0.115% | $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 | 8.6507 | +0.752% | $31K | $37K | 10x | as long as short |
| Lighter CXMTshort | +0.0032% | 1h | 8.5950 | +0.104% | $100K | $21K | 5x | |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5910 | +0.057% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USDlong | +0.0050% | 1h | 8.5861 | long leg | $228K | $9K | 5x | |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5947 | +0.100% | $23K | $49K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | +0.162% | $8K | $250K | 50x | as long as short |
SoDEX CXMT-USD
Lighter CXMT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
tradeXYZ xyz:CXMT
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDT