Funding you earn now, next payment 02:00 UTC−0.0304%/8h= −33.3% APRpaid last 24h −0.072%
Price spread now: edgeX against Lighter+0.057%49s7-day average −0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)−0.068%−$7 · spread now +0.057%, 7d avg −0.067%
=Together, before fees−0.430%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$43 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.125% dearer against Lighter than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of −0.067%): +$12 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 33 hours. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,810.7 | 0.0624 | pay 0.0078% / 1h | 40m 22s | $358K | $14K | 20x |
| Short | edgeX XPTUSDC | 1,811.7 | 0.0320 | get 0.0160% / 4h | 2h 40m | $40K | $281K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$63.77
- Price spread: +0.057% → −0.067%
- $12.48
- Slippage, 4 orders
- −$19.99
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$80.28
- Costs to cover
- 0.290%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 19 min ago; edgeX: live order book, 27 min ago.
Cost to enter
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, 19 min ago | 1.93 bp | 9.1 bp −$9 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 27 min ago | 0.83 bp | 6.0 bp −$6 | 141.8 bp −$1,418 | doesn't fit | doesn't fit |
XPT on 21 venues
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,809.1 | −0.088% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,806.1 | −0.254% | $232 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,806.9 | −0.210% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,808.6 | −0.115% | $17K | $25K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,810 | −0.040% | $308 | — | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0116% | 4h | 1,810.9 | +0.012% | $201K | $17K | 75x | as long as short |
| Extended XPT-USD | +0.0128% | 1h | 1,806.6 | −0.225% | $208K | $620K | 10x | as long as short |
| Gate XPT_USDT | +0.0204% | 4h | 1,809.7 | −0.053% | $637K | $403K | 100x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,834 | +1.287% | $6K | $34K | 52x | as long as short |
| Variational Omni XPT | +0.0263% | 4h | 1,809.4 | −0.069% | $286K | $227K | — | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0279% | 4h | 1,814.9 | +0.230% | $85K | $69K | 100x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0297% | 1h | 1,808.1 | −0.144% | $3.6M | $1.0M | 20x | as long as short |
| edgeX XPTUSDCshort | +0.0320% | 4h | 1,811.7 | +0.057% | $40K | $281K | 10x | |
| MEXC XPT_USDT | +0.0330% | 4h | 1,809 | −0.094% | $23.8M | $656K | 100x | as long as short |
| Binance XPTUSDT | +0.0340% | 4h | 1,809.9 | −0.045% | $4.2M | $3.8M | 100x | as long as short |
| Aster XPTUSDT | +0.0347% | 4h | 1,810 | −0.036% | $15K | $10K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0401% | 8h | 1,810 | −0.039% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0434% | 4h | 1,808.7 | −0.112% | $1.2M | $365K | 100x | as long as short |
| Lighter XPTlong | +0.0624% | 1h | 1,810.7 | long leg | $358K | $14K | 20x | |
| OKX XPT-USDT-SWAP | +0.0689% | 8h | 1,810.2 | −0.028% | $907K | $518K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.0712% | 4h | 1,811.2 | +0.029% | $207K | $985K | 25x | as long as short |
Lighter XPT
edgeX XPTUSDC
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
Extended XPT-USD
Gate XPT_USDT
Injective XPT/USDC PERP
Variational Omni XPT
BloFin XPT-USDT
tradeXYZ xyz:PLATINUM
MEXC XPT_USDT
Binance XPTUSDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp