Funding you earn now, next payment 00:00 UTC−0.0848%/8h= −92.9% APRpaid last 24h −0.085%
Price spread now: Aster against Lighter−0.218%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1051.050% of the position
Funding, last 7 days−0.223%−$22 on $10k
+Price spread, last 4 days (all we have)+0.210%+$21 · spread now −0.218%, 7d avg −0.007%
=Together, before fees−0.012%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Aster is 0.211% cheaper against Lighter than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.223% in total (about -11.6% 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 | Lighter CXMT | 8.6066 | 0.0848 | pay 0.0106% / 1h | 45m 36s | $102K | $29K | 5x |
| Short | Aster CXMTUSDT | 8.5879 | 0 | get 0.0000% / 8h | 45m 36s | $166K | $69K | 20x |
Lighter CXMT
Aster CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Lighter. 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
- −$178.08
- Price spread: −0.218% → −0.007%
- −$21.05
- Slippage, 4 orders
- −$96.97
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$304.1
- Costs to cover
- 1.050%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 14 min ago; Aster: live order book, 31 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 Lighter live order book, 14 min ago | 2.27 bp | 2.9 bp −$3 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Aster live order book, 31 min ago | 25.00 bp | 49.5 bp −$50 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX CXMTUSDC | −0.0081% | 4h | 8.5938 | −0.148% | $435K | $241K | 10x | as long as short |
| Aster CXMTUSDTshort | 0.0000% | 8h | 8.5879 | −0.218% | $166K | $69K | 20x | |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5960 | −0.123% | $973K | $697K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.6030 | −0.042% | $1.2M | $5.6M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5980 | −0.100% | $544K | $880K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6095 | +0.034% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6852 | +0.913% | $31K | $38K | 10x | as long as short |
| Binance CXMTUSDT | +0.0048% | 4h | 8.6049 | −0.019% | $4.0M | $8.9M | 20x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.6050 | −0.019% | $5K | $111K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.6000 | −0.077% | $8K | $249K | 50x | as long as short |
edgeX CXMTUSDC
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Binance CXMTUSDT
Popdex CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | +0.0337% | 1h | 8.5945 | −0.141% | $229K | $9K | 5x | as long as short |
| Polymarket Perps CXMT-USD | +0.0632% | 1h | 8.5898 | −0.195% | $8K | $47K | 10x | as long as short |
| Gate CXMT_USDT | +0.0776% | 1h | 8.5970 | −0.112% | $4.8M | $13.1M | 50x | as long as short |
| Lighter CXMTlong | +0.0848% | 1h | 8.6066 | long leg | $102K | $29K | 5x | |
| tradeXYZ xyz:CXMT | +0.1108% | 1h | 8.5946 | −0.139% | $55.3M | $8.2M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | +0.1594% | 1h | 8.5992 | −0.086% | $23K | $50K | 10x | as long as short |
SoDEX CXMT-USD
Polymarket Perps CXMT-USD
Gate CXMT_USDT
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P