Funding you earn now, next payment 02:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.039%
Price spread now: SoDEX against Lighter−0.218%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$860.865% of the position
Funding, last 3 days (all we have)0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.117%+$12 · spread now −0.218%, 7d avg −0.133%
=Together, before fees+0.117%+ Points / potential airdropLighter: Season 3 · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.086% cheaper against Lighter than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of −0.133%). If the spread goes back, that is −$9 on $10k: about 16 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.6064 | 0.0032 | pay 0.0004% / 1h | 56m 08s | $101K | $21K | 5x |
| Short | SoDEX CXMT-USD | 8.5876 | 0.0050 | get 0.0006% / 1h | 56m 08s | $228K | $9K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $3.78
- Price spread: −0.218% → −0.133%
- −$8.55
- Slippage, 4 orders
- −$78.47
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$91.24
- Costs to cover
- 0.865%
- Break-even
- 176.0 days
Slippage from Lighter: live order book, 58 min ago; SoDEX: live order book, 12 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, 58 min ago | 10.07 bp | 16.2 bp −$16 | 46.0 bp −$460 | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 12 min ago | 2.04 bp | 29.2 bp −$29 | 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 | −0.0002% | 4h | 8.6010 | −0.063% | $435K | $239K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.6310 | +0.286% | $167K | $72K | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5930 | −0.156% | $967K | $633K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5950 | −0.132% | $1.2M | $5.2M | 20x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5960 | −0.121% | $622K | $940K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.6030 | −0.040% | $84 | $2.5M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6575 | +0.594% | $31K | $37K | 10x | as long as short |
| Gate CXMT_USDT | +0.0016% | 1h | 8.5870 | −0.225% | $4.8M | $9.6M | 50x | as long as short |
| Binance CXMTUSDT | +0.0028% | 4h | 8.5980 | −0.098% | $4.1M | $8.6M | 20x | as long as short |
| Lighter CXMTlong | +0.0032% | 1h | 8.6064 | long leg | $101K | $21K | 5x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5970 | −0.109% | $5K | $111K | 20x | as long as short |
| Polymarket Perps CXMT-USD | +0.0050% | 1h | 8.5856 | −0.242% | $8K | $44K | 10x | as long as short |
| SoDEX CXMT-USDshort | +0.0050% | 1h | 8.5876 | −0.218% | $228K | $9K | 5x | |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5900 | −0.191% | $8K | $250K | 50x | as long as short |
| tradeXYZ xyz:CXMT | +0.0127% | 1h | 8.5876 | −0.218% | $55.3M | $8.0M | 10x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0449% | 1h | 8.6035 | −0.034% | $23K | $49K | 10x | as long as short |
Lighter CXMT
SoDEX CXMT-USD
edgeX CXMTUSDC
Aster CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Bitget CXMTUSDT
SunX CXMT-USDT
HTX CXMT-USDT
Gate CXMT_USDT
Binance CXMTUSDT
Popdex CXMTUSDT
Polymarket Perps CXMT-USD
ApeX Omni CXMTUSDT
tradeXYZ xyz:CXMT