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

XPT

RWAall XPT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0834%/8h= −91.3% APRnext payment $1.04 per $10,000 · paid last 24h −0.126%
Price spread now: gTrade (Gains Network) against Lighter−0.239%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 3 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and gTrade (Gains Network) is 0.239% cheaper against Lighter than usual: you would sell low and buy high (−$24 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 XPT1,796.40.0840pay 0.0105% / 1h47m 43s$355K$19K20x
ShortgTrade (Gains Network) XPT/USD1,792.1L +0.0006% / S −0.0006%get 0.0001% / 1h47m 43s$230150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$175.15
Price spread: −0.239% → 0.000%
−$23.88
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$209.03
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 62 min ago; gTrade (Gains Network): 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, 62 min ago1.39 bp12.0 bp −$1228.5 bp −$285doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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%4h1,796.9+0.028%$10K$38K30xas long as short
gTrade (Gains Network) XPT/USDshortL +0.0006% / S −0.0006%1h1,792.1−0.239%$230150x
Vest PL-PERP+0.0046%1h1,792.6−0.212%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,794.1−0.127%$13K$29K10xas long as short
Injective XPT/USDC PERP+0.0220%1h1,813.7+0.960%$6K$34K52xas long as short
Aevo PLATINUM-PERP+0.0280%1h1,796.2−0.013%$30510xas long as short
tradeXYZ xyz:PLATINUM+0.0430%1h1,793.6−0.156%$3.6M$1.0M20xas long as short
KuCoin XPTUSDTM+0.0732%4h1,794.7−0.097%$248K$40K75xas long as short
Gate XPT_USDT+0.0786%4h1,794.7−0.094%$730K$507K100xas long as short
Lighter XPTlong+0.0840%1h1,796.4long leg$355K$19K20x
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex XPT-USD-PERP+0.0868%8h1,795−0.077%$3K5xas long as short
Aster XPTUSDT+0.0979%4h1,793.2−0.176%$14K$9K20xas long as short
Variational Omni XPT+0.0986%4h1,793.7−0.151%$280K$202Kas long as short
BloFin XPT-USDT+0.1043%4h1,793.8−0.144%$88K$68K100xas long as short
MEXC XPT_USDT+0.1044%4h1,793.8−0.144%$23.5M$599K100xas long as short
edgeX XPTUSDC+0.1045%4h1,793.5−0.162%$39K$282K10xas long as short
Binance XPTUSDT+0.1046%4h1,795.6−0.042%$4.5M$4.3M100xas long as short
OKX XPT-USDT-SWAP+0.1106%8h1,796.1−0.017%$951K$636K50xas long as short
Bitget XPTUSDT+0.1132%4h1,794.4−0.113%$1.4M$469K100xas long as short
Extended XPT-USD+0.1208%1h1,791.8−0.255%$202K$613K10xas long as short
GRVT XPT_USDT_Perp+0.1498%4h1,793.6−0.157%$207K$810K25xas long as short