Funding you earn now, next payment 23:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.061%
Price spread now: Lighter against Bitget+0.151%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.322%+$32 on $10k
+Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.151%, 7d avg +0.080%
=Together, before fees+0.227%+ Points / potential airdropLighter: Season 3 · farm board+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter is 0.071% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.080%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XPTUSDT | 1,809.4 | 0.0432 | pay 0.0216% / 4h | 1h 29m | $1.2M | $318K | 100x |
| Short | Lighter XPT | 1,812.1 | 0.0632 | get 0.0079% / 1h | 29m 30s | $358K | $20K | 20x |
Bitget XPTUSDT
Lighter XPTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $42
- Price spread: +0.151% → +0.080%
- $7.05
- Slippage, 4 orders
- −$29.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $7.69
- Costs to cover
- 0.414%
- Break-even
- 5.7 days
Slippage from Bitget: live order book, 2 min ago; Lighter: live order book, 45 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 Bitget live order book, 2 min ago | 2.43 bp | 12.7 bp −$13 | 32.8 bp −$328 | 97.4 bp −$9,740 | doesn't fit |
| Sell Lighter live order book, 45 min ago | 3.32 bp | 8.8 bp −$9 | 28.8 bp −$288 | doesn't fit | doesn't fit |
XPT on 21 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,808.7 | −0.035% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,808 | −0.076% | $232 | — | 150x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,808 | −0.075% | $198K | $448K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,808.1 | −0.070% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,807.4 | −0.110% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,809.7 | +0.018% | $201K | $25K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,810.1 | +0.042% | $308 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0164% | 4h | 1,810.5 | +0.061% | $698K | $337K | 100x | as long as short |
| Variational Omni XPT | +0.0206% | 4h | 1,809.7 | +0.018% | $283K | $325K | — | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,828.5 | +1.059% | $6K | $34K | 52x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
Vest PL-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
Variational Omni XPT
Injective XPT/USDC PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLATINUM | +0.0223% | 1h | 1,809.1 | −0.015% | $3.6M | $1.1M | 20x | as long as short |
| edgeX XPTUSDC | +0.0264% | 4h | 1,809.6 | +0.015% | $39K | $283K | 10x | as long as short |
| Binance XPTUSDT | +0.0278% | 4h | 1,810.4 | +0.055% | $4.3M | $4.2M | 100x | as long as short |
| MEXC XPT_USDT | +0.0278% | 4h | 1,809.8 | +0.024% | $24.1M | $632K | 100x | as long as short |
| BloFin XPT-USDT | +0.0281% | 4h | 1,810 | +0.033% | $85K | $63K | 100x | as long as short |
| Paradex XPT-USD-PERP | +0.0321% | 8h | 1,810.2 | +0.048% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0363% | 4h | 1,809.7 | +0.016% | $15K | $31K | 20x | as long as short |
| Bitget XPTUSDTlong | +0.0432% | 4h | 1,809.4 | long leg | $1.2M | $318K | 100x | |
| GRVT XPT_USDT_Perp | +0.0602% | 4h | 1,809.9 | +0.031% | $205K | $1.2M | 25x | as long as short |
| Lighter XPTshort | +0.0632% | 1h | 1,812.1 | +0.151% | $358K | $20K | 20x | |
| OKX XPT-USDT-SWAP | +0.0712% | 8h | 1,810.8 | +0.079% | $917K | $522K | 50x | as long as short |
tradeXYZ xyz:PLATINUM
edgeX XPTUSDC
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
Paradex XPT-USD-PERP
Aster XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP