Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.234600.0000% / 1h46m 42s$165K$55K5xLong Lighter7d free
SHORT0.2324−0.5056pay 0.2528% / 4h3h 46m$5K$206K5xShort edgeX
Price gap−0.948%59s
Funding gap−0.5056% /8h

Both sides work against this direction now: funding costs $152 a day on $10k and the gap is 0.744% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$275−0.5056% /8h now · paid −2.746% over the last 7D
Price—spread −0.948%59s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—+ Points / potential airdropLighter: Season 3 · edgeX: points · farm boardneeds both prices read together

The current funding rate is far below 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−0.948%
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

2 ok · 4 to watch
  • Problem: Doesn’t fit the books—
    $10k a leg is deeper than edgeX’s order book right now.
  • Note: Margin at max leverage$2,000 + $2,000
    Lighter 5x, edgeX 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$151.67Long Lighter: 24 payments, $0.00; short edgeX: 6 payments, −$151.67.
  • Watch: Prices read 59 s apart−0.948% vs −0.204%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$5K vs $165K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3 · edgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legLighter No · edgeX 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 spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Lighter bp × 2 orders$0.00
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apart
Costs to cover—Break-even—
Slippage: Lighter: live order book, 17 min ago; edgeX: live order book, 33 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGLighter16.19188.5 bp−$188doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTedgeX91.59doesn’t fitdoesn’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