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

CXMT

RWAall CXMT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.1233%/8h= +135.0% APRnext payment +$1.54 per $10,000 · paid last 24h +0.113%
Price spread now: Lighter against tradeXYZ+0.181%7-day average +0.163% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.258%+$26 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.181%, 7d avg +0.163%
Together, before fees+0.146%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.163%, so right now this pair is about funding alone: +$37 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.258% in total (about 13.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:CXMT8.5293−0.1297get 0.0162% / 1h34m 01s$55.6M$10.0M10x
ShortLighter CXMT8.5447−0.0064pay 0.0008% / 1h34m 01s$100K$18K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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
$258.94
Price spread: +0.181% → +0.163%
$1.79
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter: 0 bp × 2 orders
$0
Net
$242.73
Costs to cover
0.180%
Break-even
0.4 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Lighter: live order book, 36 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 4 min ago1.52 bp14.8 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 36 min ago22.89 bp45.5 bp −$4689.3 bp −$893doesn'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
OKX CXMT-USDT-SWAP−0.3211%8h8.5320+0.032%$1.2M$6.0M20xas long as short
Bitget CXMTUSDT−0.3187%8h8.5310+0.020%$672K$1.1M20xas long as short
Binance CXMTUSDT−0.2583%4h8.5345+0.061%$4.1M$10.1M20xas long as short
Aster CXMTUSDT−0.2291%8h8.5460+0.196%$137K$70K20xas long as short
Gate CXMT_USDT−0.2152%1h8.5260−0.039%$5.6M$13.4M50xas long as short
Bybit CXMTUSDT−0.1850%8h8.5310+0.020%$954K$1.6M20xas long as short
Ondo Perps CXMT-USD.P−0.1717%1h8.5277−0.019%$28K$41K10xas long as short
tradeXYZ xyz:CXMTlong−0.1297%1h8.5293long leg$55.6M$10.0M10x
SoDEX CXMT-USD−0.0692%1h8.5310+0.020%$227K$11K5xas long as short
Popdex CXMTUSDT−0.0104%1h8.5360+0.079%$2K$115K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter CXMTshort−0.0064%1h8.5447+0.181%$100K$18K5x
edgeX CXMTUSDC−0.0025%4h8.5385+0.108%$458K$267K10xas long as short
SunX CXMT-USDT0.0000%4h8.5437+0.169%$84$2.3M10xas long as short
HTX CXMT-USDT0.0000%4h8.6063+0.903%$32K$39K10xas long as short
Polymarket Perps CXMT-USD+0.0050%1h8.5643+0.410%$8K$48K10xas long as short
ApeX Omni CXMTUSDT+0.0100%1h8.5400+0.125%$8K$252K50xas long as short