XPT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h −0.046%

Price spread now: Binance against Lighter−0.053%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$310.312% of the position

What this pair did over the last

the charts below follow

Funding, last 7 days−0.332%−$33 on $10k

Price spread, last 4 days (all we have)+0.267%+$27 · spread now −0.053%, 7d avg −0.050%

Together, before fees−0.065%+ Points / potential airdropLighter: Season 3 · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter XPT	1,780.1	0.0296	pay 0.0037% / 1h	37m 38s	$355K	$43K	20x
Short	Binance XPTUSDT	1,779.2	0.0210	get 0.0105% / 4h	3h 37m	$4.6M	$5.3M	100x

Funding history

latest

Range statsloading…

Binance against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

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

Position, each leg$Hold fordaysFee LighterbpFee BinancebpOrdersPrice spread, now −0.053%Rate

Slippage from Lighter: live order book, 52 min ago; Binance: live order book, 15 min ago.

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 52 min ago	2.24 bp	8.4 bp −$8	30.1 bp −$301	doesn't fit	doesn't fit
Sell Binance live order book, 15 min ago	0.14 bp	9.6 bp −$10	19.7 bp −$197	107.2 bp −$10.7K	doesn't fit

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT XPT_USDT_Perp	0.0000%	4h	1,777.9	−0.125%	$204K	$781K	25x	as long as short
HTX XPT-USDT	0.0000%	4h	1,778	−0.117%	$11K	$38K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,775.7	−0.245%	$228	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,774.7	−0.303%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,777.4	−0.152%	$3.6M	$1.0M	20x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,776.9	−0.180%	$13K	$32K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,779.3	−0.044%	$235K	$41K	75x	as long as short
Variational Omni XPT	+0.0112%	4h	1,776.6	−0.197%	$244K	$206K	—	as long as short
Aster XPTUSDT	+0.0159%	4h	1,778.3	−0.100%	$15K	$9K	20x	as long as short
Paradex XPT-USD-PERP	+0.0195%	8h	1,779.4	−0.040%	$3K	—	5x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XPTUSDTshort	+0.0210%	4h	1,779.2	−0.053%	$4.6M	$5.3M	100x
MEXC XPT_USDT	+0.0210%	4h	1,779.2	−0.051%	$23.1M	$648K	100x	as long as short
edgeX XPTUSDC	+0.0212%	4h	1,777.8	−0.131%	$39K	$282K	10x	as long as short
Injective XPT/USDC PERP	+0.0220%	1h	1,800.3	+1.134%	$6K	$34K	52x	as long as short
BloFin XPT-USDT	+0.0231%	4h	1,777.9	−0.126%	$96K	$70K	100x	as long as short
Aevo PLATINUM-PERP	+0.0256%	1h	1,778.5	−0.088%	$302	—	10x	as long as short
Lighter XPTlong	+0.0296%	1h	1,780.1	long leg	$355K	$43K	20x
Gate XPT_USDT	+0.0300%	4h	1,780	−0.008%	$665K	$556K	100x	as long as short
Bitget XPTUSDT	+0.0362%	4h	1,777.7	−0.138%	$1.3M	$536K	100x	as long as short
Extended XPT-USD	+0.0400%	1h	1,775.4	−0.261%	$153K	$717K	10x	as long as short
OKX XPT-USDT-SWAP	+0.0879%	8h	1,779.3	−0.045%	$1.1M	$826K	50x	as long as short