XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0376%/8h= +41.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.081%

Price spread now: Lighter against Extended+0.193%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.295%+$30 on $10k

Price spread, last 4 days (all we have)−0.056%−$6 · spread now +0.193%, 7d avg +0.107%

Together, before fees+0.240%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Lighter is 0.086% dearer against Extended than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XPT-USD	1,814	0.0032	pay 0.0004% / 1h	21m 34s	$207K	$454K	10x
Short	Lighter XPT	1,817.5	0.0408	get 0.0051% / 1h	21m 34s	$359K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee LighterbpOrdersPrice spread, now +0.193%Rate

Funding earned: $78.96
Price spread: +0.193% → +0.107%: $8.56
Slippage, 4 orders: −$28.34
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $54.17
Costs to cover: 0.333%
Break-even: 2.2 days

Slippage from Extended: live order book, 56 min ago; Lighter: live order book, 48 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 Extended live order book, 56 min ago	0.55 bp	6.1 bp −$6	35.9 bp −$359	doesn't fit	doesn't fit
Sell Lighter live order book, 48 min ago	2.20 bp	7.3 bp −$7	30.0 bp −$300	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	1,814.9	+0.049%	$10K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,814.5	+0.025%	$233	—	150x	as long as short
Extended XPT-USDlong	+0.0032%	1h	1,814	long leg	$207K	$454K	10x
Vest PL-PERP	+0.0046%	1h	1,814.8	+0.044%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0064%	1h	1,815.3	+0.071%	$3.6M	$1.1M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,814	0.000%	$17K	$20K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,815.9	+0.106%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,817	+0.164%	$309	—	10x	as long as short
Variational Omni XPT	+0.0170%	4h	1,815.4	+0.075%	$287K	$329K	—	as long as short
BloFin XPT-USDT	+0.0204%	4h	1,816.7	+0.148%	$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	1,833.9	+1.099%	$6K	$34K	52x	as long as short
edgeX XPTUSDC	+0.0231%	4h	1,816.3	+0.127%	$40K	$282K	10x	as long as short
Gate XPT_USDT	+0.0232%	4h	1,817.3	+0.182%	$678K	$351K	100x	as long as short
MEXC XPT_USDT	+0.0238%	4h	1,815.4	+0.078%	$24.1M	$645K	100x	as long as short
Binance XPTUSDT	+0.0239%	4h	1,817	+0.163%	$4.3M	$4.1M	100x	as long as short
Paradex XPT-USD-PERP	+0.0285%	8h	1,816.8	+0.154%	$3K	—	5x	as long as short
Aster XPTUSDT	+0.0303%	4h	1,816.4	+0.131%	$15K	$12K	20x	as long as short
Bitget XPTUSDT	+0.0318%	4h	1,814.7	+0.040%	$1.2M	$337K	100x	as long as short
Lighter XPTshort	+0.0408%	1h	1,817.5	+0.193%	$359K	$19K	20x
GRVT XPT_USDT_Perp	+0.0590%	4h	1,816.4	+0.132%	$206K	$1.1M	25x	as long as short
OKX XPT-USDT-SWAP	+0.0702%	8h	1,817.5	+0.193%	$917K	$523K	50x	as long as short