Settings8H · net · $10k
Funding arb · Price arb /

CXMT

RWAall CXMT markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1744%/8h= −191.0% APRpaid last 24h −0.002%
Price spread now: Lighter against SunX−0.607%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$186as in the Price arb table
costs, in and out, $10k−$1291.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 4 days (all we have)+0.707%+$71 · spread now −0.607%, 7d avg −0.032%
Together, before fees+0.732%+ Points / potential airdropLighter: Season 3 · farm board+$73 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and Lighter is 0.575% cheaper against SunX than usual: you would sell low and buy high (−$58 if the spread goes back to its 7-day average of −0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.026% in total (about 1.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CXMT-USDT8.70040get 0.0000% / 4h2h 46m$85$2.4M10x
ShortLighter CXMT8.6476−0.1744pay 0.0218% / 1h46m 29s$101K$17K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$366.24
Price spread: −0.607% → −0.032%
−$57.5
Slippage, 4 orders
−$120.89
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$552.63
Costs to cover
1.289%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; Lighter: live order book, 39 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago22.15 bp26.2 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Lighter live order book, 39 min ago17.38 bp40.3 bp −$4097.1 bp −$971doesn't fitdoesn't fit

CXMT on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex CXMTUSDT−0.4360%1h8.6350−0.752%$1K$115K20xas long as short
Binance CXMTUSDT−0.4224%4h8.6340−0.763%$4.4M$9.1M20xas long as short
Bybit CXMTUSDT−0.3813%8h8.6370−0.729%$1.0M$1.1M20xas long as short
tradeXYZ xyz:CXMT−0.3447%1h8.6260−0.855%$56.2M$9.3M10xas long as short
OKX CXMT-USDT-SWAP−0.3173%8h8.6300−0.809%$1.4M$5.3M20xas long as short
Polymarket Perps CXMT-USD−0.2989%1h8.6477−0.606%$8K$52K10xas long as short
Bitget CXMTUSDT−0.2755%8h8.6330−0.775%$604K$839K20xas long as short
Ondo Perps CXMT-USD.P−0.2654%1h8.6430−0.660%$29K$33K10xas long as short
SoDEX CXMT-USD−0.2610%1h8.6348−0.754%$230K$9K5xas long as short
Gate CXMT_USDT−0.2104%1h8.6290−0.821%$5.7M$13.3M50xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster CXMTUSDT−0.2035%8h8.6301−0.808%$138K$105K20xas long as short
Lighter CXMTshort−0.1744%1h8.6476−0.607%$101K$17K5x
ApeX Omni CXMTUSDT−0.1740%1h8.6100−1.039%$8K$252K50xas long as short
edgeX CXMTUSDC−0.0061%4h8.6218−0.903%$436K$242K10xas long as short
SunX CXMT-USDTlong0.0000%4h8.7004long leg$85$2.4M10x
HTX CXMT-USDT0.0000%4h8.6881−0.141%$32K$37K10xas long as short