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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0072%/8h= −7.8% APRpaid last 24h −0.046%
Price spread now: Aster against Lighter−0.172%7-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 6 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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.172% cheaper against Lighter than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPT1,797.90.1328pay 0.0166% / 1h54m 43s$355K$19K20x
ShortAster XPTUSDT1,794.80.1256get 0.0628% / 4h2h 54m$14K$9K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter. 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
−$15.04
Price spread: −0.172% → 0.000%
−$17.23
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
−$40.28
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 50 min ago; Aster: no order-book sample. 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 Lighter live order book, 50 min ago1.95 bp3.0 bp −$314.2 bp −$142doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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%4h1,797−0.049%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,791.6−0.352%$230150xas long as short
Vest PL-PERP+0.0046%1h1,792.2−0.317%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,795.3−0.144%$13K$31K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,814.7+0.937%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0456%1h1,797.6−0.015%$30610xas long as short
tradeXYZ xyz:PLATINUM+0.0829%1h1,794.8−0.172%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0848%4h1,796.8−0.063%$249K$40K75xas long as short
Paradex XPT-USD-PERP+0.0867%8h1,796.5−0.076%$3K5xas long as short
Gate XPT_USDT+0.0916%4h1,797.4−0.027%$735K$502K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.1247%4h1,796.8−0.059%$280K$187Kas long as short
Aster XPTUSDTshort+0.1256%4h1,794.8−0.172%$14K$9K20x
OKX XPT-USDT-SWAP+0.1268%8h1,797.2−0.039%$963K$633K50xas long as short
BloFin XPT-USDT+0.1291%4h1,797.5−0.021%$90K$68K100xas long as short
edgeX XPTUSDC+0.1291%4h1,796.1−0.098%$39K$281K10xas long as short
MEXC XPT_USDT+0.1300%4h1,794.9−0.170%$23.6M$606K100xas long as short
Binance XPTUSDT+0.1305%4h1,797.1−0.045%$4.5M$4.3M100xas long as short
Lighter XPTlong+0.1328%1h1,797.9long leg$355K$19K20x
Bitget XPTUSDT+0.1350%4h1,795.5−0.132%$1.4M$482K100xas long as short
Extended XPT-USD+0.1552%1h1,791.4−0.361%$203K$620K10xas long as short
GRVT XPT_USDT_Perp+0.1842%4h1,795.8−0.120%$206K$812K25xas long as short