Funding you earn now, next payment 06:00 UTC+0.0102%/8h= +11.2% APRpaid last 24h +0.069%
Price spread now: Lighter against Gate−0.006%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.503% of the position
Funding, last 7 days+0.378%+$38 on $10k
+Price spread, last 4 days (all we have)−0.018%−$2 · spread now −0.006%, 7d avg +0.032%
=Together, before fees+0.361%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.038% cheaper against Gate than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.032%). If the spread goes back, that is −$4 on $10k: about 30 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 | Gate XPT_USDT | 1,791.6 | 0.0882 | pay 0.0441% / 4h | 2h 12m | $722K | $536K | 100x |
| Short | Lighter XPT | 1,791.5 | 0.0984 | get 0.0123% / 1h | 12m 59s | $354K | $19K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $21.42
- Price spread: −0.006% → +0.032%
- −$3.77
- Slippage, 4 orders
- −$35.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.62
- Costs to cover
- 0.503%
- Break-even
- 17.7 days
Slippage from Gate: live order book, 33 min ago; Lighter: live order book, 26 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 Gate live order book, 33 min ago | 0.03 bp | 11.8 bp −$12 | 36.1 bp −$361 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 26 min ago | 1.95 bp | 7.8 bp −$8 | 30.3 bp −$303 | 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 | 1,789.5 | −0.118% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,786.9 | −0.265% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,787.4 | −0.235% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,788.7 | −0.165% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,806.8 | +0.848% | $6K | $34K | 52x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0486% | 1h | 1,788.7 | −0.162% | $3.6M | $1.1M | 20x | as long as short |
| Aevo PLATINUM-PERP | +0.0536% | 1h | 1,790.9 | −0.041% | $304 | — | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0708% | 4h | 1,788.7 | −0.164% | $247K | $41K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0735% | 8h | 1,790 | −0.088% | $3K | — | 5x | as long as short |
| Gate XPT_USDTlong | +0.0882% | 4h | 1,791.6 | long leg | $722K | $536K | 100x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XPTshort | +0.0984% | 1h | 1,791.5 | −0.006% | $354K | $19K | 20x | |
| Extended XPT-USD | +0.1072% | 1h | 1,787.9 | −0.205% | $206K | $628K | 10x | as long as short |
| Aster XPTUSDT | +0.1222% | 4h | 1,789.3 | −0.127% | $15K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1237% | 4h | 1,789.9 | −0.096% | $260K | $201K | — | as long as short |
| edgeX XPTUSDC | +0.1283% | 4h | 1,789.5 | −0.120% | $39K | $283K | 10x | as long as short |
| Binance XPTUSDT | +0.1283% | 4h | 1,791.8 | +0.010% | $4.5M | $4.7M | 100x | as long as short |
| MEXC XPT_USDT | +0.1284% | 4h | 1,789.5 | −0.117% | $23.4M | $618K | 100x | as long as short |
| Bitget XPTUSDT | +0.1302% | 4h | 1,789.8 | −0.102% | $1.4M | $503K | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1326% | 8h | 1,792 | +0.022% | $995K | $696K | 50x | as long as short |
| BloFin XPT-USDT | +0.1335% | 4h | 1,790.4 | −0.068% | $94K | $69K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.1518% | 4h | 1,789 | −0.146% | $206K | $808K | 25x | as long as short |
Gate XPT_USDT
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Paradex XPT-USD-PERP
Extended XPT-USD
Aster XPTUSDT
Variational Omni XPT
edgeX XPTUSDC
Binance XPTUSDT
MEXC XPT_USDT
Bitget XPTUSDT
OKX XPT-USDT-SWAP
BloFin XPT-USDT
GRVT XPT_USDT_Perp