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 20:00 UTC−0.0452%/8hnext payment $0.57 per $10,000 · paid last 24h −0.054%
Price spread now: Lighter against ApeX Omni−0.277%78s7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1281.276% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.213%−$21 on $10k
Price spread, last 3 days (all we have)+0.294%+$29 · spread now −0.277%, 7d avg +0.064%
Together, before fees+0.081%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Lighter is 0.341% cheaper against ApeX Omni than usual: you would sell low and buy high (−$34 if the spread goes back to its 7-day average of +0.064%). Swap the legs. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.213% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.57 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
LongApeX Omni CXMTUSDT8.57000.0100pay 0.0013% / 1h22m 14s$8K$248K50x
ShortLighter CXMT8.5463−0.0352pay 0.0044% / 1h22m 14s$101K$30K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against ApeX Omni. 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
−$94.92
Price spread: −0.277% → +0.064%
−$34.1
Slippage, 4 orders
−$117.62
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$256.64
Costs to cover
1.276%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 8 min ago; Lighter: live order book, 3 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 ApeX Omni live order book, 8 min ago35.09 bp56.7 bp −$57239.8 bp −$2,398doesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago2.16 bp5.8 bp −$652.0 bp −$520doesn'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
SoDEX CXMT-USD−0.0700%1h8.5405−0.344%$227K$9K5xas long as short
tradeXYZ xyz:CXMT−0.0624%1h8.5345−0.414%$54.9M$8.2M10xas long as short
Polymarket Perps CXMT-USD−0.0405%1h8.5391−0.361%$9K$45K10xas long as short
Lighter CXMTshort−0.0352%1h8.5463−0.277%$101K$30K5x
edgeX CXMTUSDC−0.0057%4h8.5401−0.349%$432K$239K10xas long as short
Binance CXMTUSDT0.0000%4h8.5430−0.315%$3.9M$8.7M20xas long as short
Bybit CXMTUSDT0.0000%8h8.5390−0.362%$969K$687K20xas long as short
OKX CXMT-USDT-SWAP0.0000%8h8.5350−0.408%$1.1M$5.5M20xas long as short
Gate CXMT_USDT0.0000%1h8.5400−0.350%$4.9M$13.9M50xas long as short
Bitget CXMTUSDT0.0000%8h8.5410−0.338%$519K$859K20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX CXMT-USDT0.0000%4h8.5475−0.263%$84$2.6M10xas long as short
HTX CXMT-USDT0.0000%4h8.6370+0.782%$31K$39K10xas long as short
Popdex CXMTUSDT+0.0048%1h8.5410−0.338%$5K$110K20xas long as short
Ondo Perps CXMT-USD.P+0.0050%1h8.5466−0.273%$24K$48K10xas long as short
Aster CXMTUSDT+0.0059%8h8.5719+0.022%$165K$69K20xas long as short
ApeX Omni CXMTUSDTlong+0.0100%1h8.5700long leg$8K$248K50x