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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XPTUSDC | 1,816.6 | 0.0280 | pay 0.0140% / 4h | 3h 29m | $40K | $283K | 10x |
| Short | Lighter XPT | 1,817 | 0.0376 | get 0.0047% / 1h | 29m 37s | $359K | $16K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy edgeX live order book, 43 min ago | 8.84 bp | 14.1 bp −$14 | 135.7 bp −$1,357 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 35 min ago | 1.92 bp | 6.5 bp −$7 | 16.3 bp −$163 | 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 | 1,818.5 | +0.105% | $10K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,812.8 | −0.209% | $233 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,813.6 | −0.166% | — | $50 | 25x | as long as short |
| Extended XPT-USD | +0.0080% | 1h | 1,813.2 | −0.186% | $210K | $493K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0092% | 1h | 1,815.1 | −0.084% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,812.9 | −0.208% | $17K | $25K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,816.7 | +0.007% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,816.2 | −0.023% | $309 | — | 10x | as long as short |
| Variational Omni XPT | +0.0204% | 4h | 1,816.6 | −0.001% | $288K | $326K | — | as long as short |
| BloFin XPT-USDT | +0.0208% | 4h | 1,816.9 | +0.013% | $86K | $64K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,835.4 | +1.033% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0222% | 4h | 1,817.1 | +0.026% | $679K | $358K | 100x | as long as short |
| MEXC XPT_USDT | +0.0266% | 4h | 1,815.1 | −0.082% | $23.9M | $671K | 100x | as long as short |
| Binance XPTUSDT | +0.0272% | 4h | 1,816.8 | +0.007% | $4.3M | $4.0M | 100x | as long as short |
| edgeX XPTUSDClong | +0.0280% | 4h | 1,816.6 | long leg | $40K | $283K | 10x | |
| Aster XPTUSDT | +0.0311% | 4h | 1,814.8 | −0.098% | $15K | $12K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0342% | 8h | 1,816.5 | −0.007% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0368% | 4h | 1,815.9 | −0.041% | $1.3M | $336K | 100x | as long as short |
| Lighter XPTshort | +0.0376% | 1h | 1,817 | +0.021% | $359K | $16K | 20x | |
| GRVT XPT_USDT_Perp | +0.0642% | 4h | 1,816.4 | −0.014% | $208K | $1.0M | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0704% | 8h | 1,817.2 | +0.032% | $908K | $542K | 50x | as long as short |
edgeX XPTUSDC
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Variational Omni XPT
BloFin XPT-USDT
Injective XPT/USDC PERP
Gate XPT_USDT
MEXC XPT_USDT
Binance XPTUSDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP