XPT

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	LighterXPT	1,708.3	+0.0352	pay 0.0044% / 1h	20m 15s	$347K	$108K	20x	Long Lighter7d free
SHORT	KalshiKXPLATINUMPERP	1,706.3	+0.0060	get 0.0181% / 24h	12h 20m	$492K	$1.7M	6.6x	Short Kalshi

Price gap−0.117%60s

Funding gap−0.0292% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.033% under its 7d average. Swap the legs.

The two prices were read 60 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$55−0.0292% /8h now · paid −0.548% over the last 7D

Price—spread −0.117%60s now · prices read too far apart to compare

Costs−$300.303% of $10k · taker + slippage, in and out

Result—+ Points / potential airdropLighter: Season 3 · farm boardneeds both prices read together

Funding history

you earnyou payavg

RANGE STATS · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

Kalshi price against Lighternow

RANGE STATS · 7D

Now−0.117%

Average—

Range—

Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XPT on 22 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

OK: Fits both order books8.0 / 10.2 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,513
Lighter 20x, Kalshi 6.6x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 24h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$8.75Long Lighter: 24 payments, −$10.56; short Kalshi: 1 payment, +$1.81.
Watch: Prices read 60 s apart−0.117% vs −0.084%
Part of this gap may be the market moving.
Watch: Long leg is thinner$347K vs $492K OI
Lighter sets your exit cost. Check its book before closing.
OK: Points on a legLighter Season 3
Volume here counts toward the points program.
Watch: KYCLighter No · Kalshi Yes
A US-regulated exchange: full KYC (ID, address, SSN when asked) before any trade.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0261%/8h × 21 periods−$54.77

Price spreadprices read too far apart to compare—

Slippage, 4 orderslive order books−$20.27

Fee Lighter bp × 2 orders$0.00

Fee Kalshi bp × 2 orders−$10.00

Net · 7 days · $10k−$85.04

price spread not counted: prices read too far apart

Costs to cover0.303%Break-evennever at this rate

Slippage: Lighter: live order book, 15 min ago; Kalshi: live order book, 3 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGLighter2.928.0 bp−$817.5 bp−$175doesn’t fitdoesn’t fit

SELL · SHORTKalshi3.5110.2 bp−$1012.8 bp−$128doesn’t fitdoesn’t fit

Closing costs about the same again.

XPT news

posts that mention XPT or Platinum, from every exchangeSearch all news →

09-29 17:00	MEXC	Other	7 days to go. Singapore, we’re coming. 🇸🇬 Proud to be a Platinum Sponsor of #TOKEN2049. See you there. #MEXCEventRocks @MEXC on X ↗
09-23 13:33	Kalshi	Listing	new market KXPLATINUMPERP ($XPT) seen by our collector

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