Funding you earn now, next payment 03:00 UTC+0.0960%/8h= +105.1% APRpaid last 24h −0.166%
Price spread now: Binance against Lighter−0.163%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days−0.296%−$30 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.163%, 7d avg +0.038%
=Together, before fees+0.011%+ Points / potential airdropLighter: Season 3 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.201% cheaper against Lighter than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of +0.038%). If the spread goes back, that is −$20 on $10k: about 17 hours of funding at the current rate (+$29 a day). Mind the row above: over the last 7 days funding on this pair cost −0.296%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.296% in total (about -15.5% 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 | 8.6491 | −0.2936 | get 0.0367% / 1h | 26m 01s | $101K | $21K | 5x |
| Short | Binance CXMTUSDT | 8.6350 | −0.1976 | pay 0.0988% / 4h | 1h 26m | $4.2M | $7.8M | 20x |
Lighter CXMT
Binance CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $201.58
- Price spread: −0.163% → +0.038%
- −$20.12
- Slippage, 4 orders
- −$78.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $93.17
- Costs to cover
- 0.883%
- Break-even
- 3.8 days
Slippage from Lighter: live order book, 9 min ago; Binance: live order book, 13 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, 9 min ago | 15.27 bp | 16.9 bp −$17 | 30.0 bp −$300 | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.91 bp | 14.9 bp −$15 | 48.2 bp −$482 | 211.5 bp −$21.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.6872% | 1h | 8.6250 | −0.279% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.4712% | 1h | 8.6879 | +0.449% | $8K | $46K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.4563% | 1h | 8.6242 | −0.288% | $55.8M | $7.4M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | −0.3918% | 1h | 8.5606 | −1.023% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.3320% | 1h | 8.6214 | −0.320% | $229K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.3072% | 1h | 8.6100 | −0.452% | $5.4M | $11.2M | 50x | as long as short |
| Bybit CXMTUSDT | −0.3034% | 8h | 8.6290 | −0.232% | $962K | $592K | 20x | as long as short |
| Lighter CXMTlong | −0.2936% | 1h | 8.6491 | long leg | $101K | $21K | 5x | |
| Binance CXMTUSDTshort | −0.1976% | 4h | 8.6350 | −0.163% | $4.2M | $7.8M | 20x | |
| ApeX Omni CXMTUSDT | −0.1438% | 1h | 8.6500 | +0.010% | $8K | $250K | 50x | as long as short |
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
tradeXYZ xyz:CXMT
Ondo Perps CXMT-USD.P
SoDEX CXMT-USD
Gate CXMT_USDT
Bybit CXMTUSDT
ApeX Omni CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | −0.1031% | 4h | 8.6360 | −0.151% | $85 | $2.4M | 10x | as long as short |
| Bitget CXMTUSDT | −0.0677% | 8h | 8.6260 | −0.267% | $613K | $803K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | −0.0651% | 8h | 8.6310 | −0.209% | $1.3M | $4.5M | 20x | as long as short |
| Aster CXMTUSDT | −0.0527% | 8h | 8.6298 | −0.223% | $156K | $78K | 20x | as long as short |
| edgeX CXMTUSDC | −0.0096% | 4h | 8.6035 | −0.528% | $435K | $240K | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6786 | +0.341% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Bitget CXMTUSDT
OKX CXMT-USDT-SWAP
Aster CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT