Funding you earn now, next payment 21:00 UTC+0.0400%/8h= +43.8% APRpaid last 24h −0.132%
Price spread now: Bybit against Lighter−0.056%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$540.536% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.056%, 7d avg −0.050%
=Together, before fees−0.162%+ Points / potential airdropLighter: Season 3 · farm board−$16 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.228%, 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 -0.228% in total (about -11.9% 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 | Lighter CXMT | 8.5388 | −0.0400 | get 0.0050% / 1h | 30m 56s | $101K | $30K | 5x |
| Short | Bybit CXMTUSDT | 8.5340 | 0 | get 0.0000% / 8h | 3h 30m | $968K | $700K | 20x |
Lighter CXMT
Bybit CXMTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $84
- Price spread: −0.056% → −0.050%
- −$0.66
- Slippage, 4 orders
- −$42.58
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $29.76
- Costs to cover
- 0.536%
- Break-even
- 4.5 days
Slippage from Lighter: live order book, 11 min ago; Bybit: live order book, 15 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, 11 min ago | 2.05 bp | 4.9 bp −$5 | 47.8 bp −$478 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 15 min ago | 2.93 bp | 24.3 bp −$24 | 875.6 bp −$8,756 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps CXMT-USD.P | −0.0789% | 1h | 8.5342 | −0.054% | $23K | $49K | 10x | as long as short |
| tradeXYZ xyz:CXMT | −0.0735% | 1h | 8.5300 | −0.103% | $54.9M | $8.3M | 10x | as long as short |
| Lighter CXMTlong | −0.0400% | 1h | 8.5388 | long leg | $101K | $30K | 5x | |
| Polymarket Perps CXMT-USD | −0.0243% | 1h | 8.5326 | −0.073% | $8K | $47K | 10x | as long as short |
| Binance CXMTUSDT | −0.0114% | 4h | 8.5383 | −0.006% | $3.9M | $8.8M | 20x | as long as short |
| edgeX CXMTUSDC | −0.0021% | 4h | 8.5257 | −0.154% | $431K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5469 | +0.094% | $165K | $69K | 20x | as long as short |
| Bybit CXMTUSDTshort | 0.0000% | 8h | 8.5340 | −0.056% | $968K | $700K | 20x | |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5320 | −0.080% | $1.1M | $5.5M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5320 | −0.080% | $4.9M | $14.0M | 50x | as long as short |
Ondo Perps CXMT-USD.P
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
Binance CXMTUSDT
edgeX CXMTUSDC
Aster CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5370 | −0.021% | $524K | $874K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5459 | +0.083% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.5864 | +0.557% | $31K | $38K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5350 | −0.045% | $5K | $110K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5340 | −0.056% | $227K | $9K | 5x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5000 | −0.454% | $8K | $250K | 50x | as long as short |
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
SoDEX CXMT-USD
ApeX Omni CXMTUSDT