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

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0444%/8h= +48.6% APRnext payment +$0.55 per $10,000 · paid last 24h +0.070%
Price spread now: Lighter against Injective−0.842%96s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.842% cheaper against Injective than usual: you would sell low and buy high (spread −0.842% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$84 on $10k: about 6.3 days of funding at the current rate (+$13 a day). The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XPT/USDC PERP1,806.80.0220pay 0.0028% / 1h55m 21s$6K$34K52x
ShortLighter XPT1,791.60.0664get 0.0083% / 1h55m 21s$354K$18K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Injective. 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
$93.24
Price spread: −0.842% → 0.000%
−$84.18
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$9.04
Costs to cover
0.000%
Break-even
6.3 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 44 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Lighter live order book, 44 min ago1.95 bp7.8 bp −$830.3 bp −$303doesn't fitdoesn't fit
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h1,791.5−0.847%$11K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,788.4−1.019%$229150xas long as short
Vest PL-PERP+0.0046%1h1,787.8−1.052%$5025xas long as short
tradeXYZ xyz:PLATINUM+0.0089%1h1,788.3−1.024%$3.6M$1.1M20xas long as short
Pacifica PLATINUM+0.0100%1h1,787.8−1.050%$13K$31K10xas long as short
Injective XPT/USDC PERPlong+0.0220%1h1,806.8long leg$6K$34K52x
Aevo PLATINUM-PERP+0.0536%1h1,791.7−0.835%$30510xas long as short
KuCoin XPTUSDTM+0.0586%4h1,790.6−0.897%$246K$41K75xas long as short
Paradex XPT-USD-PERP+0.0640%8h1,790.4−0.907%$3K5xas long as short
Lighter XPTshort+0.0664%1h1,791.6−0.842%$354K$18K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XPT-USD+0.0728%1h1,787.7−1.058%$206K$624K10xas long as short
Gate XPT_USDT+0.0834%4h1,791.5−0.846%$721K$531K100xas long as short
Aster XPTUSDT+0.1137%4h1,788.6−1.008%$15K$9K20xas long as short
Variational Omni XPT+0.1144%4h1,790.7−0.893%$261K$196Kas long as short
Binance XPTUSDT+0.1194%4h1,790.3−0.913%$4.5M$4.7M100xas long as short
MEXC XPT_USDT+0.1198%4h1,789.9−0.938%$23.4M$631K100xas long as short
BloFin XPT-USDT+0.1215%4h1,791.7−0.836%$94K$69K100xas long as short
Bitget XPTUSDT+0.1222%4h1,790−0.930%$1.4M$510K100xas long as short
edgeX XPTUSDC+0.1243%4h1,791.7−0.834%$39K$280K10xas long as short
OKX XPT-USDT-SWAP+0.1315%8h1,791−0.875%$996K$701K50xas long as short
GRVT XPT_USDT_Perp+0.1340%4h1,790.9−0.880%$206K$802K25xas long as short