Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CXMT-USDT8.5706−0.1339get 0.0670% / 4h2h 25m$84$2.4M10x
ShortLighter CXMT8.5942−0.2272pay 0.0284% / 1h25m 03s$101K$18K5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 2 min ago22.17 bp26.2 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 60 min ago17.38 bp40.3 bp −$4097.1 bp −$971doesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT−0.5584%1h8.5690−0.019%$2K$115K20xas long as short
Binance CXMTUSDT−0.4710%4h8.5700−0.007%$4.3M$9.1M20xas long as short
Bybit CXMTUSDT−0.4129%8h8.5700−0.007%$1.0M$1.1M20xas long as short
tradeXYZ xyz:CXMT−0.3897%1h8.5638−0.079%$56.0M$9.6M10xas long as short
OKX CXMT-USDT-SWAP−0.3653%8h8.5760+0.063%$1.4M$5.3M20xas long as short
Polymarket Perps CXMT-USD−0.3596%1h8.6374+0.779%$8K$52K10xas long as short
Gate CXMT_USDT−0.3360%1h8.5590−0.135%$5.7M$13.8M50xas long as short
Ondo Perps CXMT-USD.P−0.3344%1h8.5287−0.489%$28K$33K10xas long as short
SoDEX CXMT-USD−0.3265%1h8.5620−0.100%$228K$9K5xas long as short
Bitget CXMTUSDT−0.3208%8h8.5680−0.030%$604K$840K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDT−0.2531%8h8.5621−0.099%$137K$105K20xas long as short
ApeX Omni CXMTUSDT−0.2482%1h8.5900+0.226%$8K$251K50xas long as short
Lighter CXMTshort−0.2272%1h8.5942+0.275%$101K$18K5x
SunX CXMT-USDTlong−0.1339%4h8.5706long leg$84$2.4M10x
edgeX CXMTUSDC−0.0072%4h8.5534−0.201%$433K$241K10xas long as short
HTX CXMT-USDT0.0000%4h8.6213+0.592%$31K$38K10xas long as short