Funding you earn now, next payment 06:00 UTC−0.0933%/8h= −102.1% APRpaid last 24h −0.002%
Price spread now: Lighter against SunX+0.275%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1311.312% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)−0.175%−$18 · spread now +0.275%, 7d avg −0.032%
=Together, before fees−0.150%+ Points / potential airdropLighter: Season 3 · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.307% dearer against SunX than usual: you sell high and buy low (spread +0.275% now, against its 7-day average of −0.032%): +$31 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 26 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CXMT-USDT | 8.5706 | −0.1339 | get 0.0670% / 4h | 2h 25m | $84 | $2.4M | 10x |
| Short | Lighter CXMT | 8.5942 | −0.2272 | pay 0.0284% / 1h | 25m 03s | $101K | $18K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- −$195.84
- Price spread: +0.275% → −0.032%
- $30.72
- Slippage, 4 orders
- −$123.21
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$296.33
- Costs to cover
- 1.312%
- Break-even
- never at this rate
Slippage from SunX: live order book, 2 min ago; Lighter: live order book, 60 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 SunX live order book, 2 min ago | 22.17 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 60 min ago | 17.38 bp | 40.3 bp −$40 | 97.1 bp −$971 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.5584% | 1h | 8.5690 | −0.019% | $2K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4710% | 4h | 8.5700 | −0.007% | $4.3M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.4129% | 8h | 8.5700 | −0.007% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3897% | 1h | 8.5638 | −0.079% | $56.0M | $9.6M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3653% | 8h | 8.5760 | +0.063% | $1.4M | $5.3M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.3596% | 1h | 8.6374 | +0.779% | $8K | $52K | 10x | as long as short |
| Gate CXMT_USDT | −0.3360% | 1h | 8.5590 | −0.135% | $5.7M | $13.8M | 50x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3344% | 1h | 8.5287 | −0.489% | $28K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3265% | 1h | 8.5620 | −0.100% | $228K | $9K | 5x | as long as short |
| Bitget CXMTUSDT | −0.3208% | 8h | 8.5680 | −0.030% | $604K | $840K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.2531% | 8h | 8.5621 | −0.099% | $137K | $105K | 20x | as long as short |
| ApeX Omni CXMTUSDT | −0.2482% | 1h | 8.5900 | +0.226% | $8K | $251K | 50x | as long as short |
| Lighter CXMTshort | −0.2272% | 1h | 8.5942 | +0.275% | $101K | $18K | 5x | |
| SunX CXMT-USDTlong | −0.1339% | 4h | 8.5706 | long leg | $84 | $2.4M | 10x | |
| edgeX CXMTUSDC | −0.0072% | 4h | 8.5534 | −0.201% | $433K | $241K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6213 | +0.592% | $31K | $38K | 10x | as long as short |
SunX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Gate CXMT_USDT
SoDEX CXMT-USD
Bitget CXMTUSDT
Aster CXMTUSDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT