Funding you earn now, next payment 20:00 UTC−0.0352%/8hpaid last 24h +0.094%
Price spread now: Lighter against OKX+0.141%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.141%, 7d avg +0.045%
=Together, before fees+0.005%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.095% dearer against OKX than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of +0.045%): +$10 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 22 hours. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% 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 | OKX CXMT-USDT-SWAP | 8.5350 | 0 | get 0.0000% / 8h | 4h 22m | $1.1M | $5.5M | 20x |
| Short | Lighter CXMT | 8.5470 | −0.0352 | pay 0.0044% / 1h | 22m 39s | $101K | $30K | 5x |
OKX CXMT-USDT-SWAP
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- −$73.92
- Price spread: +0.141% → +0.045%
- $9.54
- Slippage, 4 orders
- −$26.62
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$101
- Costs to cover
- 0.366%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Lighter: live order book, 3 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 OKX live order book, 4 min ago | 1.76 bp | 11.2 bp −$11 | 91.0 bp −$910 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 2.16 bp | 5.8 bp −$6 | 52.0 bp −$520 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX CXMT-USD | −0.0684% | 1h | 8.5415 | +0.076% | $227K | $9K | 5x | as long as short |
| tradeXYZ xyz:CXMT | −0.0604% | 1h | 8.5353 | +0.004% | $54.9M | $8.2M | 10x | as long as short |
| Polymarket Perps CXMT-USD | −0.0381% | 1h | 8.5396 | +0.054% | $9K | $45K | 10x | as long as short |
| Lighter CXMTshort | −0.0352% | 1h | 8.5470 | +0.141% | $101K | $30K | 5x | |
| edgeX CXMTUSDC | −0.0057% | 4h | 8.5401 | +0.060% | $432K | $239K | 10x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5420 | +0.082% | $3.9M | $8.8M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5410 | +0.070% | $969K | $687K | 20x | as long as short |
| OKX CXMT-USDT-SWAPlong | 0.0000% | 8h | 8.5350 | long leg | $1.1M | $5.5M | 20x | |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5410 | +0.070% | $4.8M | $13.9M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5420 | +0.082% | $518K | $859K | 20x | as long as short |
SoDEX CXMT-USD
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Binance CXMTUSDT
Bybit CXMTUSDT
Gate CXMT_USDT
Bitget CXMTUSDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX CXMT-USDT | 0.0000% | 4h | 8.5480 | +0.152% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6185 | +0.978% | $31K | $39K | 10x | as long as short |
| Popdex CXMTUSDT | +0.0048% | 1h | 8.5430 | +0.094% | $5K | $110K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5466 | +0.136% | $24K | $48K | 10x | as long as short |
| Aster CXMTUSDT | +0.0059% | 8h | 8.5725 | +0.439% | $165K | $69K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5700 | +0.410% | $8K | $248K | 50x | as long as short |
SunX CXMT-USDT
HTX CXMT-USDT
Popdex CXMTUSDT
Ondo Perps CXMT-USD.P
Aster CXMTUSDT
ApeX Omni CXMTUSDT