Funding you earn now, next payment 02:00 UTC−0.0202%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.080%
Price spread now: tradeXYZ against Lighter−0.016%7-day average −0.147% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$420.424% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−0.140%−$14 · spread now −0.016%, 7d avg −0.147%
=Together, before fees−0.282%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.131% dearer against Lighter than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.147%): +$13 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.143% in total) that is about 6.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter CXMT | 8.5316 | 0.0032 | pay 0.0004% / 1h | 14m 26s | $100K | $21K | 5x |
| Short | tradeXYZ xyz:CXMT | 8.5302 | −0.0170 | pay 0.0021% / 1h | 14m 26s | $55.0M | $7.3M | 10x |
Lighter CXMT
tradeXYZ xyz:CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$42.51
- Price spread: −0.016% → −0.147%
- $13.08
- Slippage, 4 orders
- −$24.39
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$71.81
- Costs to cover
- 0.424%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 35 min ago; tradeXYZ: live order book, 5 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, 35 min ago | 2.68 bp | 6.2 bp −$6 | 38.6 bp −$386 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 1.17 bp | 10.9 bp −$11 | 16.5 bp −$165 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps CXMT-USD | −0.0374% | 1h | 8.5353 | +0.043% | $8K | $42K | 10x | as long as short |
| tradeXYZ xyz:CXMTshort | −0.0170% | 1h | 8.5302 | −0.016% | $55.0M | $7.3M | 10x | |
| edgeX CXMTUSDC | −0.0015% | 4h | 8.5347 | +0.036% | $432K | $241K | 10x | as long as short |
| Aster CXMTUSDT | 0.0000% | 8h | 8.5455 | +0.163% | $165K | $72K | 20x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5385 | +0.081% | $4.2M | $7.8M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5370 | +0.063% | $963K | $596K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5260 | −0.066% | $1.2M | $4.5M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5180 | −0.159% | $4.9M | $10.9M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5380 | +0.075% | $595K | $824K | 20x | as long as short |
| SunX CXMT-USDT | 0.0000% | 4h | 8.5198 | −0.138% | $83 | $2.5M | 10x | as long as short |
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Aster CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
Gate CXMT_USDT
Bitget CXMTUSDT
SunX CXMT-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX CXMT-USDT | 0.0000% | 4h | 8.5813 | +0.583% | $31K | $37K | 10x | as long as short |
| Lighter CXMTlong | +0.0032% | 1h | 8.5316 | long leg | $100K | $21K | 5x | |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5300 | −0.019% | $5K | $111K | 20x | as long as short |
| SoDEX CXMT-USD | +0.0050% | 1h | 8.5115 | −0.236% | $226K | $9K | 5x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5345 | +0.034% | $23K | $43K | 10x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5300 | −0.019% | $8K | $250K | 50x | as long as short |
HTX CXMT-USDT
Popdex CXMTUSDT
SoDEX CXMT-USD
Ondo Perps CXMT-USD.P
ApeX Omni CXMTUSDT