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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0624%/8h= +68.3% APRnext payment +$0.78 per $10,000 · paid last 24h +0.083%
Price spread now: Lighter against Aevo+0.052%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Lighter is 0.052% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo PLATINUM-PERP1,803.80.0104pay 0.0013% / 1h58m 11s$30710x
ShortLighter XPT1,804.70.0728get 0.0091% / 1h58m 11s$357K$14K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Aevo. 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
$131.04
Price spread: +0.052% → 0.000%
$5.2
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Lighter: 0 bp × 2 orders
$0
Net
$120.24
Costs to cover
0.160%
Break-even
0.6 days
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Lighter live order book, 61 min ago1.93 bp7.9 bp −$818.7 bp −$187doesn't fitdoesn't fit
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XPT on 20 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
HTX XPT-USDT0.0000%4h1,803−0.043%$11K$37K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,799.5−0.235%$231150xas long as short
Vest PL-PERP+0.0046%1h1,800.1−0.203%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,801.5−0.125%$13K$28K10xas long as short
Aevo PLATINUM-PERPlong+0.0104%1h1,803.8long leg$30710x
Injective XPT/USDC PERP+0.0220%1h1,824.7+1.162%$6K$34K52xas long as short
KuCoin XPTUSDTM+0.0336%4h1,803.3−0.023%$201K$17K75xas long as short
Gate XPT_USDT+0.0340%4h1,803−0.041%$635K$427K100xas long as short
tradeXYZ xyz:PLATINUM+0.0423%1h1,801.2−0.142%$3.6M$982K20xas long as short
Variational Omni XPT+0.0466%4h1,802.8−0.054%$280K$232Kas long as short
Show all 20 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XPTUSDT+0.0501%4h1,803.5−0.017%$14K$10K20xas long as short
edgeX XPTUSDC+0.0506%4h1,802.6−0.063%$39K$283K10xas long as short
MEXC XPT_USDT+0.0528%4h1,799.9−0.216%$23.7M$652K100xas long as short
Binance XPTUSDT+0.0535%4h1,803.9+0.005%$4.2M$3.9M100xas long as short
Paradex XPT-USD-PERP+0.0586%8h1,802.8−0.055%$3K5xas long as short
Bitget XPTUSDT+0.0628%4h1,800.9−0.161%$1.3M$379K100xas long as short
Extended XPT-USD+0.0648%1h1,799.7−0.223%$204K$616K10xas long as short
Lighter XPTshort+0.0728%1h1,804.7+0.052%$357K$14K20x
OKX XPT-USDT-SWAP+0.0750%8h1,804.2+0.024%$904K$513K50xas long as short
GRVT XPT_USDT_Perp+0.1002%4h1,802.6−0.064%$205K$879K25xas long as short