Funding you earn now, next payment 00:00 UTC−0.0252%/8h= −27.6% APRnext payment −$0.32 per $10,000 · paid last 24h −0.091%
Price spread now: Pacifica against Lighter−0.123%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 · Pacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Pacifica is 0.123% cheaper against Lighter than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XPT | 1,816.8 | 0.0352 | pay 0.0044% / 1h | 46m 47s | $359K | $19K | 20x |
| Short | Pacifica PLATINUM | 1,814.6 | 0.0100 | get 0.0013% / 1h | 46m 47s | $17K | $20K | 10x |
Lighter XPT
Pacifica PLATINUMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$52.92
- Price spread: −0.123% → 0.000%
- −$12.29
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$73.21
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 23 min ago; Pacifica: 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, 23 min ago | 2.20 bp | 11.7 bp −$12 | 30.6 bp −$306 | doesn't fit | doesn't fit |
| Sell Pacifica no order-book sample | — | — | — | — | — |
Pacifica: 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 | 1,815.7 | −0.063% | $10K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,813.4 | −0.185% | $233 | — | 150x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,813.4 | −0.189% | $207K | $454K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,813.9 | −0.160% | — | $50 | 25x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0050% | 1h | 1,814 | −0.154% | $3.6M | $1.1M | 20x | as long as short |
| Pacifica PLATINUMshort | +0.0100% | 1h | 1,814.6 | −0.123% | $17K | $20K | 10x | |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,815.5 | −0.072% | $201K | $23K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,815.9 | −0.048% | $309 | — | 10x | as long as short |
| Variational Omni XPT | +0.0187% | 4h | 1,815.2 | −0.090% | $287K | $329K | — | as long as short |
| BloFin XPT-USDT | +0.0216% | 4h | 1,815 | −0.099% | $86K | $63K | 100x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
Vest PL-PERP
tradeXYZ xyz:PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Variational Omni XPT
BloFin XPT-USDTShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,833.1 | +0.899% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0242% | 4h | 1,815.9 | −0.050% | $688K | $345K | 100x | as long as short |
| Binance XPTUSDT | +0.0252% | 4h | 1,815.6 | −0.064% | $4.3M | $4.1M | 100x | as long as short |
| MEXC XPT_USDT | +0.0254% | 4h | 1,815.2 | −0.088% | $24.1M | $644K | 100x | as long as short |
| edgeX XPTUSDC | +0.0268% | 4h | 1,815.3 | −0.084% | $40K | $283K | 10x | as long as short |
| Paradex XPT-USD-PERP | +0.0283% | 8h | 1,815.6 | −0.067% | $3K | — | 5x | as long as short |
| Aster XPTUSDT | +0.0324% | 4h | 1,814.8 | −0.111% | $15K | $31K | 20x | as long as short |
| Lighter XPTlong | +0.0352% | 1h | 1,816.8 | long leg | $359K | $19K | 20x | |
| Bitget XPTUSDT | +0.0354% | 4h | 1,814.3 | −0.140% | $1.2M | $324K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0592% | 4h | 1,815.1 | −0.092% | $206K | $1.1M | 25x | as long as short |
| OKX XPT-USDT-SWAP | +0.0708% | 8h | 1,815.9 | −0.050% | $918K | $527K | 50x | as long as short |
Injective XPT/USDC PERP
Gate XPT_USDT
Binance XPTUSDT
MEXC XPT_USDT
edgeX XPTUSDC
Paradex XPT-USD-PERP
Aster XPTUSDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP