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

XPT

RWAall XPT markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XPT_USDT1,791.60.0882pay 0.0441% / 4h2h 12m$722K$536K100x
ShortLighter XPT1,791.50.0984get 0.0123% / 1h12m 59s$354K$19K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 33 min ago0.03 bp11.8 bp −$1236.1 bp −$361doesn't fitdoesn't fit
Sell Lighter live order book, 26 min ago1.95 bp7.8 bp −$830.3 bp −$303doesn'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%4h1,789.5−0.118%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,786.9−0.265%$229150xas long as short
Vest PL-PERP+0.0046%1h1,787.4−0.235%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,788.7−0.165%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,806.8+0.848%$6K$34K52xas long as short
tradeXYZ xyz:PLATINUM+0.0486%1h1,788.7−0.162%$3.6M$1.1M20xas long as short
Aevo PLATINUM-PERP+0.0536%1h1,790.9−0.041%$30410xas long as short
KuCoin XPTUSDTM+0.0708%4h1,788.7−0.164%$247K$41K75xas long as short
Paradex XPT-USD-PERP+0.0735%8h1,790−0.088%$3K5xas long as short
Gate XPT_USDTlong+0.0882%4h1,791.6long leg$722K$536K100x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XPTshort+0.0984%1h1,791.5−0.006%$354K$19K20x
Extended XPT-USD+0.1072%1h1,787.9−0.205%$206K$628K10xas long as short
Aster XPTUSDT+0.1222%4h1,789.3−0.127%$15K$9K20xas long as short
Variational Omni XPT+0.1237%4h1,789.9−0.096%$260K$201Kas long as short
edgeX XPTUSDC+0.1283%4h1,789.5−0.120%$39K$283K10xas long as short
Binance XPTUSDT+0.1283%4h1,791.8+0.010%$4.5M$4.7M100xas long as short
MEXC XPT_USDT+0.1284%4h1,789.5−0.117%$23.4M$618K100xas long as short
Bitget XPTUSDT+0.1302%4h1,789.8−0.102%$1.4M$503K100xas long as short
OKX XPT-USDT-SWAP+0.1326%8h1,792+0.022%$995K$696K50xas long as short
BloFin XPT-USDT+0.1335%4h1,790.4−0.068%$94K$69K100xas long as short
GRVT XPT_USDT_Perp+0.1518%4h1,789−0.146%$206K$808K25xas long as short