XPT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KalshiKXPLATINUMPERP	1,717	+0.0043	pay 0.0130% / 24h	14h 29m	$517K	$1.6M	6.6x	Long Kalshi
SHORT	InjectiveXPT/USDC PERP	1,688.8	+0.0033	get 0.0004% / 1h	29m 09s	$40	$54K	50x	Short Injective

Price gap−1.644%

Funding gap−0.0010% /8h

Both sides work against this direction now: funding costs $0 a day on $10k and the gap is 1.644% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$4−0.0010% /8h now · paid −0.038% over the last 7D

Price—spread −1.644% now · no price history on both exchanges yet

Costsno datano order book for Injective

Result, before costs—no pointsneeds both price histories

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Injective price against Kalshinow

RANGE STATS · 7D

Now−1.644%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPT on 22 exchanges

lowest funding first

Before you open

0 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Injective: its slippage is not counted.
Note: Margin at max leverage$1,513 + $200
Kalshi 6.6x, Injective 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ24h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$0.30Long Kalshi: 1 payment, −$1.30; short Injective: 24 payments, +$1.00.
Note: No 7-day spread history−1.644%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$40 vs $517K OI
Injective sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCKalshi Yes · Injective No
A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0018%/8h × 21 periods−$3.77

Price spread−1.644% → 0−$164.36

Slippage, 4 ordersno data for Injective—

Fee Kalshi bp × 2 orders−$10.00

Fee Injective bp × 2 orders−$0.02

Net, fees only · 7 days · $10k−$178.15

Costs to cover0.100%Break-evennever at this rate

Slippage: Kalshi: live order book, 4 min ago; Injective: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGKalshi2.6210.8 bp−$1113.4 bp−$134doesn’t fitdoesn’t fit

SELL · SHORTInjective—————

Closing costs about the same again.
Injective: no data.

XPT news

posts that mention XPT or Platinum, from every exchangeSearch all news →

09-29 17:00	MEXC	Other	7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗
09-23 13:33	Kalshi	Listing	new market KXPLATINUMPERP ($XPT) seen by our collector

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