Funding you earn now, next payment 08:00 UTC+0.3235%/8h= +354.2% APRpaid last 24h +0.214%
Price spread now: Lighter against Binance+0.068%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$900.899% of the position
Funding, last 7 days+0.420%+$42 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.068%, 7d avg −0.022%
=Together, before fees+0.317%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$97 a day on $10k at the current rate, and Lighter is 0.090% dearer against Binance than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.022%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.420% in total (about 21.9% 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 | Binance CXMTUSDT | 8.5867 | −0.4243 | get 0.2121% / 4h | 58m 26s | $4.2M | $9.6M | 20x |
| Short | Lighter CXMT | 8.5925 | −0.1008 | pay 0.0126% / 1h | 58m 26s | $101K | $18K | 5x |
Binance CXMTUSDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $679.27
- Price spread: +0.068% → −0.022%
- $8.96
- Slippage, 4 orders
- −$79.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $598.32
- Costs to cover
- 0.899%
- Break-even
- 0.8 days
Slippage from Binance: live order book, 11 min ago; Lighter: live order book, 17 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 Binance live order book, 11 min ago | 1.75 bp | 14.1 bp −$14 | 57.0 bp −$570 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 17 min ago | 14.14 bp | 38.0 bp −$38 | 80.2 bp −$802 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CXMTUSDTlong | −0.4243% | 4h | 8.5867 | long leg | $4.2M | $9.6M | 20x | |
| OKX CXMT-USDT-SWAP | −0.4127% | 8h | 8.5880 | +0.015% | $1.3M | $5.7M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3867% | 8h | 8.5850 | −0.020% | $1.1M | $1.2M | 20x | as long as short |
| Bitget CXMTUSDT | −0.3743% | 8h | 8.5920 | +0.062% | $644K | $869K | 20x | as long as short |
| Gate CXMT_USDT | −0.3624% | 1h | 8.5660 | −0.241% | $5.7M | $13.2M | 50x | as long as short |
| Polymarket Perps CXMT-USD | −0.3431% | 1h | 8.5896 | +0.034% | $8K | $48K | 10x | as long as short |
| Aster CXMTUSDT | −0.3279% | 8h | 8.6060 | +0.225% | $138K | $78K | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3219% | 1h | 8.5720 | −0.171% | $55.9M | $9.8M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2719% | 1h | 8.5455 | −0.480% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.2418% | 1h | 8.5871 | +0.005% | $228K | $9K | 5x | as long as short |
OKX CXMT-USDT-SWAP
Bybit CXMTUSDT
Bitget CXMTUSDT
Gate CXMT_USDT
Polymarket Perps CXMT-USD
Aster CXMTUSDT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USDShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter CXMTshort | −0.1008% | 1h | 8.5925 | +0.068% | $101K | $18K | 5x | |
| Popdex CXMTUSDT | −0.0928% | 1h | 8.5870 | +0.003% | $2K | $115K | 20x | as long as short |
| SunX CXMT-USDT | −0.0758% | 4h | 8.5894 | +0.031% | $84 | $2.3M | 10x | as long as short |
| ApeX Omni CXMTUSDT | −0.0067% | 1h | 8.6200 | +0.388% | $8K | $252K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0016% | 4h | 8.5769 | −0.114% | $459K | $268K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6517 | +0.757% | $32K | $38K | 10x | as long as short |
Popdex CXMTUSDT
SunX CXMT-USDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT