Funding you earn now, next payment 08:00 UTC+0.0843%/8h= +92.3% APRpaid last 24h −0.015%
Price spread now: OKX against Lighter−0.006%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.219%−$22 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.006%, 7d avg −0.017%
=Together, before fees−0.213%+ Points / potential airdropLighter: Season 3 · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.219%, 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 -0.219% in total (about -11.4% 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 | 1,784.6 | 0.0312 | pay 0.0039% / 1h | 51m 02s | $355K | $24K | 20x |
| Short | OKX XPT-USDT-SWAP | 1,784.5 | 0.1155 | get 0.1155% / 8h | 51m 02s | $1.0M | $748K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $176.95
- Price spread: −0.006% → −0.017%
- $1.17
- Slippage, 4 orders
- −$30.27
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $137.85
- Costs to cover
- 0.403%
- Break-even
- 1.5 days
Slippage from Lighter: live order book, 43 min ago; OKX: live order book, just now.
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, 43 min ago | 2.24 bp | 13.6 bp −$14 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 0.28 bp | 12.6 bp −$13 | 26.9 bp −$269 | 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 | 1,784.3 | −0.017% | $11K | $38K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,781.7 | −0.163% | $229 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,781.4 | −0.179% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,781.5 | −0.174% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,782.8 | −0.101% | $13K | $29K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0148% | 4h | 1,783.8 | −0.043% | $238K | $42K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,803.4 | +1.055% | $6K | $34K | 52x | as long as short |
| Lighter XPTlong | +0.0312% | 1h | 1,784.6 | long leg | $355K | $24K | 20x | |
| Paradex XPT-USD-PERP | +0.0356% | 8h | 1,784.7 | +0.004% | $3K | — | 5x | as long as short |
| Aevo PLATINUM-PERP | +0.0464% | 1h | 1,784 | −0.032% | $303 | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XPT_USDT | +0.0634% | 4h | 1,784.9 | +0.017% | $699K | $541K | 100x | as long as short |
| Extended XPT-USD | +0.0648% | 1h | 1,781.4 | −0.181% | $160K | $699K | 10x | as long as short |
| Aster XPTUSDT | +0.0704% | 4h | 1,783.3 | −0.075% | $15K | $10K | 20x | as long as short |
| Variational Omni XPT | +0.0772% | 4h | 1,785 | +0.021% | $264K | $183K | — | as long as short |
| Binance XPTUSDT | +0.0774% | 4h | 1,783.4 | −0.067% | $4.6M | $5.0M | 100x | as long as short |
| MEXC XPT_USDT | +0.0790% | 4h | 1,783.5 | −0.062% | $23.3M | $650K | 100x | as long as short |
| BloFin XPT-USDT | +0.0797% | 4h | 1,784.5 | −0.004% | $96K | $69K | 100x | as long as short |
| edgeX XPTUSDC | +0.0814% | 4h | 1,784.7 | +0.007% | $39K | $282K | 10x | as long as short |
| Bitget XPTUSDT | +0.0828% | 4h | 1,783.1 | −0.086% | $1.4M | $500K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0936% | 4h | 1,785.7 | +0.061% | $205K | $774K | 25x | as long as short |
| OKX XPT-USDT-SWAPshort | +0.1155% | 8h | 1,784.5 | −0.006% | $1.0M | $748K | 50x |
Lighter XPT
OKX XPT-USDT-SWAP
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
tradeXYZ xyz:PLATINUM
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Paradex XPT-USD-PERP
Gate XPT_USDT
Extended XPT-USD
Aster XPTUSDT
Variational Omni XPT
Binance XPTUSDT
MEXC XPT_USDT
BloFin XPT-USDT
edgeX XPTUSDC
Bitget XPTUSDT
GRVT XPT_USDT_Perp