XPT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	KalshiKXPLATINUMPERP	1,712.4	+0.0059	pay 0.0176% / 24h	13h 02m	$518K	$1.7M	6.6x	Long Kalshi
SHORT	LighterXPT	1,714.5	+0.0488	get 0.0061% / 1h	2m 43s	$350K	$106K	20x	Short Lighter7d free

Price gap+0.123%

Funding gap+0.0429% /8h

Both sides work: funding pays +$13 a day on $10k, and the gap is 0.039% above its 7d average: +$4 more if it goes back.

If you open now and hold

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

Funding+$55+0.0429% /8h now · paid +0.547% over the last 7D

Price+$4spread +0.123% now, avg +0.083% → +0.039% if it goes back

Costs−$290.287% of $10k · taker + slippage, in and out

Result+$30+0.30%+ Points / potential airdropLighter: Season 3 · farm boardWhat the last 7D really paid, hour by hour → backtest

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

Lighter price against Kalshinow

RANGE STATS · 7D

Now+0.123%

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

3 ok · 3 to watch

OK: Fits both order books8.2 / 7.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,513 + $500
Kalshi 6.6x, Lighter 20x. 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: +$12.88Long Kalshi: 1 payment, −$1.76; short Lighter: 24 payments, +$14.64.
OK: Entry gap works for you+0.123% vs +0.083%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$350K vs $518K OI
Lighter sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCKalshi Yes · Lighter 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+0.0260%/8h × 21 periods+$54.69

Price spread+0.123% → +0.083% (7d avg)+$3.94

Slippage, 4 orderslive order books−$18.66

Fee Kalshi bp × 2 orders−$10.00

Fee Lighter bp × 2 orders$0.00

Net · 7 days · $10k+$29.97

Costs to cover0.287%Break-even3.2 days

Slippage: Kalshi: live order book, 1 min ago; Lighter: live order book, 37 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGKalshi3.218.2 bp−$88.7 bp−$87doesn’t fitdoesn’t fit

SELL · SHORTLighter1.757.2 bp−$714.8 bp−$148doesn’t fitdoesn’t fit

Closing costs about the same again.

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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