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
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,796.4 | 0.0840 | pay 0.0105% / 1h | 47m 43s | $355K | $19K | 20x |
| Short | gTrade (Gains Network) XPT/USD | 1,792.1 | L +0.0006% / S −0.0006% | get 0.0001% / 1h | 47m 43s | $230 | — | 150x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 62 min ago | 1.39 bp | 12.0 bp −$12 | 28.5 bp −$285 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX XPT-USDT | 0.0000% | 4h | 1,796.9 | +0.028% | $10K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USDshort | L +0.0006% / S −0.0006% | 1h | 1,792.1 | −0.239% | $230 | — | 150x | |
| Vest PL-PERP | +0.0046% | 1h | 1,792.6 | −0.212% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,794.1 | −0.127% | $13K | $29K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,813.7 | +0.960% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0280% | 1h | 1,796.2 | −0.013% | $305 | — | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0430% | 1h | 1,793.6 | −0.156% | $3.6M | $1.0M | 20x | as long as short |
| KuCoin XPTUSDTM | +0.0732% | 4h | 1,794.7 | −0.097% | $248K | $40K | 75x | as long as short |
| Gate XPT_USDT | +0.0786% | 4h | 1,794.7 | −0.094% | $730K | $507K | 100x | as long as short |
| Lighter XPTlong | +0.0840% | 1h | 1,796.4 | long leg | $355K | $19K | 20x |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XPT-USD-PERP | +0.0868% | 8h | 1,795 | −0.077% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0979% | 4h | 1,793.2 | −0.176% | $14K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.0986% | 4h | 1,793.7 | −0.151% | $280K | $202K | — | as long as short |
| BloFin XPT-USDT | +0.1043% | 4h | 1,793.8 | −0.144% | $88K | $68K | 100x | as long as short |
| MEXC XPT_USDT | +0.1044% | 4h | 1,793.8 | −0.144% | $23.5M | $599K | 100x | as long as short |
| edgeX XPTUSDC | +0.1045% | 4h | 1,793.5 | −0.162% | $39K | $282K | 10x | as long as short |
| Binance XPTUSDT | +0.1046% | 4h | 1,795.6 | −0.042% | $4.5M | $4.3M | 100x | as long as short |
| OKX XPT-USDT-SWAP | +0.1106% | 8h | 1,796.1 | −0.017% | $951K | $636K | 50x | as long as short |
| Bitget XPTUSDT | +0.1132% | 4h | 1,794.4 | −0.113% | $1.4M | $469K | 100x | as long as short |
| Extended XPT-USD | +0.1208% | 1h | 1,791.8 | −0.255% | $202K | $613K | 10x | as long as short |
| GRVT XPT_USDT_Perp | +0.1498% | 4h | 1,793.6 | −0.157% | $207K | $810K | 25x | as long as short |
Lighter XPT
gTrade (Gains Network) XPT/USD
HTX XPT-USDT
Pacifica PLATINUM
Injective XPT/USDC PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Gate XPT_USDT
Paradex XPT-USD-PERP
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
MEXC XPT_USDT
edgeX XPTUSDC
Binance XPTUSDT
OKX XPT-USDT-SWAP
Bitget XPTUSDT
Extended XPT-USD
GRVT XPT_USDT_Perp