Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.2324−0.4672get 0.2336% / 4h3h 51m$5K$205K5xLong edgeX
SHORT0.234600.0000% / 1h51m 44s$165K$55K5xShort Lighter7d free
Price gap+0.960%
Funding gap+0.4672% /8h

Both sides work: funding pays +$140 a day on $10k, and the gap is 0.764% above its 7d average: +$76 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$275+0.4672% /8h now · paid +2.746% over the last 7D
Price+$76spread +0.960% now, avg +0.196% → +0.764% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$351+3.51%+ Points / potential airdropedgeX: points · Lighter: Season 3 · farm boardcosts unknown: book too thin at $10k ·

The current funding rate is far above what this pair has been paying: over the last 7 days it paid +2.746% in total, about +0.1307%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.960%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XTEN on 6 exchanges

lowest funding first

Before you open

3 ok · 3 to watch
  • Watch: Thin at this size318.7 / 192.5 bp
    At $10k entering edgeX costs 318.7 bp, fee and slippage, 1.7× Lighter’s.
  • Note: Margin at max leverage$2,000 + $2,000
    edgeX 5x, Lighter 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ4h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$140.16Long edgeX: 6 payments, +$140.16; short Lighter: 24 payments, $0.00.
  • OK: Entry gap works for you+0.960% vs +0.196%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$5K vs $165K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points · Lighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legedgeX No · Lighter No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.1307%/8h × 21 periods+$274.56
Price spread+0.960% → +0.196% (7d avg)+$76.45
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee edgeX bp × 2 orders−$9.00
Fee Lighter bp × 2 orders$0.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: edgeX: live order book, 28 min ago; Lighter: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGedgeX91.59318.7 bp−$319doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTLighter16.19192.5 bp−$192doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XTEN news

posts that mention XTEN, from every exchange
11-02 14:33ExtendedTokenXTEN tokenomics will be released later today. Join the Extended team for a live AMA in Discord at 18:00 UTC. @extendedapp on X ↗
10-28 07:30edgeXListingnew market XTENUSDC ($XTEN) seen by our collector
10-28 07:29edgeXListingNew Crypto Perp Listings on edgeX $XTEN Decentralized perpetual exchange for crypto and other markets. Your next Mystery Box starts with a trade @edgeX_exchange on X ↗
10-28 06:56MEXCListingnew market XTEN_USDT ($XTEN) seen by our collector
10-28 00:49PacificaListing$XTEN pre-market is now live on Pacifica. Trade $XTEN pre-market perps with up to 3x leverage! Start trading: @pacifica_fi on X ↗
10-28 00:09PacificaListingnew market XTEN ($XTEN) seen by our collector