Funding you earn now, next payment 20:00 UTC−0.0400%/8hnext payment −$0.50 per $10,000 · paid last 24h +0.069%
Price spread now: Lighter against Popdex+0.062%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 3 days (all we have)+0.101%+$10 on $10k
+Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.062%, 7d avg +0.003%
=Together, before fees+0.050%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.059% dearer against Popdex than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 3 days funding on this pair paid +0.101%, 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 3 days it paid 0.101% in total (about 11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.50 per $10,000. 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 | Popdex CXMTUSDT | 8.5410 | 0.0048 | pay 0.0006% / 1h | 21m 59s | $5K | $110K | 20x |
| Short | Lighter CXMT | 8.5463 | −0.0352 | pay 0.0044% / 1h | 21m 59s | $101K | $30K | 5x |
Popdex CXMTUSDT
Lighter CXMTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Popdex. 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: +0.062% → +0.003%
- $5.86
- Slippage, 4 orders
- −$31.4
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$115.94
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 11 min ago; Lighter: live order book, 4 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 Popdex live order book, 11 min ago | 2.34 bp | 15.9 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 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 | −0.0700% | 1h | 8.5405 | −0.006% | $227K | $9K | 5x | as long as short |
| tradeXYZ xyz:CXMT | −0.0624% | 1h | 8.5345 | −0.076% | $54.9M | $8.2M | 10x | as long as short |
| Polymarket Perps CXMT-USD | −0.0405% | 1h | 8.5391 | −0.022% | $9K | $45K | 10x | as long as short |
| Lighter CXMTshort | −0.0352% | 1h | 8.5463 | +0.062% | $101K | $30K | 5x | |
| edgeX CXMTUSDC | −0.0057% | 4h | 8.5401 | −0.010% | $432K | $239K | 10x | as long as short |
| Binance CXMTUSDT | 0.0000% | 4h | 8.5440 | +0.035% | $3.9M | $8.7M | 20x | as long as short |
| Bybit CXMTUSDT | 0.0000% | 8h | 8.5390 | −0.023% | $969K | $687K | 20x | as long as short |
| OKX CXMT-USDT-SWAP | 0.0000% | 8h | 8.5350 | −0.070% | $1.1M | $5.5M | 20x | as long as short |
| Gate CXMT_USDT | 0.0000% | 1h | 8.5400 | −0.012% | $4.9M | $13.9M | 50x | as long as short |
| Bitget CXMTUSDT | 0.0000% | 8h | 8.5410 | 0.000% | $519K | $859K | 20x | as long as short |
SoDEX CXMT-USD
tradeXYZ xyz:CXMT
Polymarket Perps CXMT-USD
edgeX CXMTUSDC
Binance CXMTUSDT
Bybit CXMTUSDT
OKX CXMT-USDT-SWAP
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 | 8.5475 | +0.076% | $84 | $2.6M | 10x | as long as short |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6370 | +1.124% | $31K | $39K | 10x | as long as short |
| Popdex CXMTUSDTlong | +0.0048% | 1h | 8.5410 | long leg | $5K | $110K | 20x | |
| Ondo Perps CXMT-USD.P | +0.0050% | 1h | 8.5466 | +0.066% | $24K | $48K | 10x | as long as short |
| Aster CXMTUSDT | +0.0059% | 8h | 8.5718 | +0.360% | $165K | $69K | 20x | as long as short |
| ApeX Omni CXMTUSDT | +0.0100% | 1h | 8.5700 | +0.340% | $8K | $248K | 50x | as long as short |
SunX CXMT-USDT
HTX CXMT-USDT
Ondo Perps CXMT-USD.P
Aster CXMTUSDT
ApeX Omni CXMTUSDT