Funding you earn now, next payment 07:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h −0.054%
Price spread now: MEXC against Lighter−0.116%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days−0.345%−$35 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.116%, 7d avg −0.067%
=Together, before fees−0.249%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.049% cheaper against Lighter than usual: you would sell low and buy high (spread −0.116% now, against its 7-day average of −0.067%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −0.345%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.345% in total (about -18.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,790.8 | 0.0672 | pay 0.0084% / 1h | 54m 12s | $354K | $18K | 20x |
| Short | MEXC XPT_USDT | 1,788.7 | 0.1192 | get 0.0596% / 4h | 1h 54m | $23.4M | $631K | 100x |
Lighter XPT
MEXC XPT_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $109.2
- Price spread: −0.116% → −0.067%
- −$4.88
- Slippage, 4 orders
- −$29.93
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $74.39
- Costs to cover
- 0.299%
- Break-even
- 2.2 days
Slippage from Lighter: live order book, 45 min ago; MEXC: live order book, 4 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, 45 min ago | 1.95 bp | 12.0 bp −$12 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 3.94 bp | 6.2 bp −$6 | 13.3 bp −$133 | 60.0 bp −$5,999 | 224.7 bp −$112.4K |
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 | 1,791.5 | +0.040% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,786.3 | −0.253% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,786.2 | −0.257% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0085% | 1h | 1,786.8 | −0.223% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,786.2 | −0.260% | $13K | $31K | 10x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,809.9 | +1.066% | $6K | $34K | 52x | as long as short |
| Aevo PLATINUM-PERP | +0.0536% | 1h | 1,790 | −0.043% | $304 | — | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0578% | 4h | 1,788.9 | −0.104% | $246K | $41K | 75x | as long as short |
| Paradex XPT-USD-PERP | +0.0632% | 8h | 1,788.8 | −0.111% | $3K | — | 5x | as long as short |
| Lighter XPTlong | +0.0672% | 1h | 1,790.8 | long leg | $354K | $18K | 20x |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
Injective XPT/USDC PERP
Aevo PLATINUM-PERP
KuCoin XPTUSDTM
Paradex XPT-USD-PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XPT-USD | +0.0688% | 1h | 1,786.6 | −0.235% | $205K | $625K | 10x | as long as short |
| Gate XPT_USDT | +0.0828% | 4h | 1,790 | −0.047% | $720K | $534K | 100x | as long as short |
| Aster XPTUSDT | +0.1130% | 4h | 1,788.6 | −0.123% | $15K | $9K | 20x | as long as short |
| Variational Omni XPT | +0.1144% | 4h | 1,790.7 | −0.007% | $261K | $196K | — | as long as short |
| BloFin XPT-USDT | +0.1167% | 4h | 1,790.3 | −0.031% | $94K | $69K | 100x | as long as short |
| Binance XPTUSDT | +0.1191% | 4h | 1,789.9 | −0.049% | $4.5M | $4.7M | 100x | as long as short |
| MEXC XPT_USDTshort | +0.1192% | 4h | 1,788.7 | −0.116% | $23.4M | $631K | 100x | |
| Bitget XPTUSDT | +0.1214% | 4h | 1,789.2 | −0.088% | $1.4M | $510K | 100x | as long as short |
| edgeX XPTUSDC | +0.1243% | 4h | 1,791.7 | +0.053% | $39K | $280K | 10x | as long as short |
| OKX XPT-USDT-SWAP | +0.1311% | 8h | 1,790.1 | −0.039% | $995K | $703K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.1340% | 4h | 1,790.9 | +0.007% | $206K | $802K | 25x | as long as short |
Extended XPT-USD
Gate XPT_USDT
Aster XPTUSDT
Variational Omni XPT
BloFin XPT-USDT
Binance XPTUSDT
Bitget XPTUSDT
edgeX XPTUSDC
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp