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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.077%
Price spread now: Lighter against edgeX+0.021%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$430.432% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.367%+$37 on $10k
Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.021%, 7d avg +0.069%
Together, before fees+0.398%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.048% cheaper against edgeX than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.069%). If the spread goes back, that is −$5 on $10k: about 40 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX XPTUSDC1,816.60.0280pay 0.0140% / 4h3h 29m$40K$283K10x
ShortLighter XPT1,8170.0376get 0.0047% / 1h29m 37s$359K$16K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against edgeX. 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
$20.09
Price spread: +0.021% → +0.069%
−$4.78
Slippage, 4 orders
−$34.23
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
−$27.92
Costs to cover
0.432%
Break-even
16.7 days
Slippage from edgeX: live order book, 43 min ago; Lighter: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 43 min ago8.84 bp14.1 bp −$14135.7 bp −$1,357doesn't fitdoesn't fit
Sell Lighter live order book, 35 min ago1.92 bp6.5 bp −$716.3 bp −$163doesn't fitdoesn't fit

XPT on 21 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%4h1,818.5+0.105%$10K$36K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,812.8−0.209%$233150xas long as short
Vest PL-PERP+0.0046%1h1,813.6−0.166%$5025xas long as short
Extended XPT-USD+0.0080%1h1,813.2−0.186%$210K$493K10xas long as short
tradeXYZ xyz:PLATINUM+0.0092%1h1,815.1−0.084%$3.6M$1.1M20xas long as short
Pacifica PLATINUM+0.0100%1h1,812.9−0.208%$17K$25K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,816.7+0.007%$202K$19K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,816.2−0.023%$30910xas long as short
Variational Omni XPT+0.0204%4h1,816.6−0.001%$288K$326Kas long as short
BloFin XPT-USDT+0.0208%4h1,816.9+0.013%$86K$64K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XPT/USDC PERP+0.0220%1h1,835.4+1.033%$6K$34K52xas long as short
Gate XPT_USDT+0.0222%4h1,817.1+0.026%$679K$358K100xas long as short
MEXC XPT_USDT+0.0266%4h1,815.1−0.082%$23.9M$671K100xas long as short
Binance XPTUSDT+0.0272%4h1,816.8+0.007%$4.3M$4.0M100xas long as short
edgeX XPTUSDClong+0.0280%4h1,816.6long leg$40K$283K10x
Aster XPTUSDT+0.0311%4h1,814.8−0.098%$15K$12K20xas long as short
Paradex XPT-USD-PERP+0.0342%8h1,816.5−0.007%$3K5xas long as short
Bitget XPTUSDT+0.0368%4h1,815.9−0.041%$1.3M$336K100xas long as short
Lighter XPTshort+0.0376%1h1,817+0.021%$359K$16K20x
GRVT XPT_USDT_Perp+0.0642%4h1,816.4−0.014%$208K$1.0M25xas long as short
OKX XPT-USDT-SWAP+0.0704%8h1,817.2+0.032%$908K$542K50xas long as short