Funding you earn now, next payment 00:00 UTC−0.0376%/8h= −41.2% APRnext payment −$0.47 per $10,000 · paid last 24h −0.081%
Price spread now: Extended against Lighter−0.216%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$330.333% of the position
Funding, last 7 days−0.295%−$30 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.216%, 7d avg −0.107%
=Together, before fees−0.216%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Extended is 0.109% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,817.9 | 0.0408 | pay 0.0051% / 1h | 22m 47s | $360K | $19K | 20x |
| Short | Extended XPT-USD | 1,814 | 0.0032 | get 0.0004% / 1h | 22m 47s | $207K | $454K | 10x |
Lighter XPT
Extended XPT-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$78.96
- Price spread: −0.216% → −0.107%
- −$10.91
- Slippage, 4 orders
- −$28.34
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$123.21
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 47 min ago; Extended: live order book, 55 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, 47 min ago | 2.20 bp | 11.7 bp −$12 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Extended live order book, 55 min ago | 0.55 bp | 8.2 bp −$8 | 39.4 bp −$394 | 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 | 1,814.9 | −0.166% | $10K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,813.9 | −0.222% | $233 | — | 150x | as long as short |
| Extended XPT-USDshort | +0.0032% | 1h | 1,814 | −0.216% | $207K | $454K | 10x | |
| Vest PL-PERP | +0.0046% | 1h | 1,814.5 | −0.187% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0057% | 1h | 1,815.2 | −0.149% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,814.1 | −0.211% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,815.9 | −0.108% | $202K | $19K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,816.5 | −0.079% | $309 | — | 10x | as long as short |
| Variational Omni XPT | +0.0170% | 4h | 1,815.4 | −0.139% | $287K | $329K | — | as long as short |
| BloFin XPT-USDT | +0.0204% | 4h | 1,816.7 | −0.067% | $86K | $64K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Variational Omni XPT
BloFin XPT-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,833.9 | +0.882% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0228% | 4h | 1,816.9 | −0.053% | $678K | $351K | 100x | as long as short |
| MEXC XPT_USDT | +0.0238% | 4h | 1,815.7 | −0.120% | $24.1M | $645K | 100x | as long as short |
| Binance XPTUSDT | +0.0238% | 4h | 1,816.8 | −0.059% | $4.3M | $4.1M | 100x | as long as short |
| edgeX XPTUSDC | +0.0255% | 4h | 1,815.7 | −0.119% | $40K | $282K | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0283% | 8h | 1,816.9 | −0.057% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0304% | 4h | 1,816.4 | −0.084% | $15K | $12K | 20x | as long as short |
| Bitget XPTUSDT | +0.0318% | 4h | 1,814.7 | −0.174% | $1.2M | $337K | 100x | as long as short |
| Lighter XPTlong | +0.0408% | 1h | 1,817.9 | long leg | $360K | $19K | 20x | |
| GRVT XPT_USDT_Perp | +0.0586% | 4h | 1,814.8 | −0.171% | $206K | $1.1M | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0702% | 8h | 1,816.9 | −0.055% | $917K | $523K | 50x | as long as short |
Injective XPT/USDC PERP
Gate XPT_USDT
MEXC XPT_USDT
Binance XPTUSDT
edgeX XPTUSDC
Paradex XPT-USD-PERP
Aster XPTUSDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP