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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CXMT-USDT | 8.7004 | 0 | get 0.0000% / 4h | 2h 46m | $85 | $2.4M | 10x |
| Short | Lighter CXMT | 8.6476 | −0.1744 | pay 0.0218% / 1h | 46m 29s | $101K | $17K | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 10 min ago | 22.15 bp | 26.2 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 39 min ago | 17.38 bp | 40.3 bp −$40 | 97.1 bp −$971 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Popdex CXMTUSDT | −0.4360% | 1h | 8.6350 | −0.752% | $1K | $115K | 20x | as long as short |
| Binance CXMTUSDT | −0.4224% | 4h | 8.6340 | −0.763% | $4.4M | $9.1M | 20x | as long as short |
| Bybit CXMTUSDT | −0.3813% | 8h | 8.6370 | −0.729% | $1.0M | $1.1M | 20x | as long as short |
| tradeXYZ xyz:CXMT | −0.3447% | 1h | 8.6260 | −0.855% | $56.2M | $9.3M | 10x | as long as short |
| OKX CXMT-USDT-SWAP | −0.3173% | 8h | 8.6300 | −0.809% | $1.4M | $5.3M | 20x | as long as short |
| Polymarket Perps CXMT-USD | −0.2989% | 1h | 8.6477 | −0.606% | $8K | $52K | 10x | as long as short |
| Bitget CXMTUSDT | −0.2755% | 8h | 8.6330 | −0.775% | $604K | $839K | 20x | as long as short |
| Ondo Perps CXMT-USD.P | −0.2654% | 1h | 8.6430 | −0.660% | $29K | $33K | 10x | as long as short |
| SoDEX CXMT-USD | −0.2610% | 1h | 8.6348 | −0.754% | $230K | $9K | 5x | as long as short |
| Gate CXMT_USDT | −0.2104% | 1h | 8.6290 | −0.821% | $5.7M | $13.3M | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster CXMTUSDT | −0.2035% | 8h | 8.6301 | −0.808% | $138K | $105K | 20x | as long as short |
| Lighter CXMTshort | −0.1744% | 1h | 8.6476 | −0.607% | $101K | $17K | 5x | |
| ApeX Omni CXMTUSDT | −0.1740% | 1h | 8.6100 | −1.039% | $8K | $252K | 50x | as long as short |
| edgeX CXMTUSDC | −0.0061% | 4h | 8.6218 | −0.903% | $436K | $242K | 10x | as long as short |
| SunX CXMT-USDTlong | 0.0000% | 4h | 8.7004 | long leg | $85 | $2.4M | 10x | |
| HTX CXMT-USDT | 0.0000% | 4h | 8.6881 | −0.141% | $32K | $37K | 10x | as long as short |
SunX CXMT-USDT
Lighter CXMT
Popdex CXMTUSDT
Binance CXMTUSDT
Bybit CXMTUSDT
tradeXYZ xyz:CXMT
OKX CXMT-USDT-SWAP
Polymarket Perps CXMT-USD
Bitget CXMTUSDT
SoDEX CXMT-USD
Gate CXMT_USDT
Aster CXMTUSDT
ApeX Omni CXMTUSDT
edgeX CXMTUSDC
HTX CXMT-USDT