Funding you earn now, next payment 23:00 UTC−0.0323%/8h= −35.4% APRpaid last 24h −0.051%
Price spread now: Paradex against Lighter−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Paradex is 0.029% cheaper against Lighter than usual: you would sell low and buy high (−$3 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 | 1,811.5 | 0.0624 | pay 0.0078% / 1h | 48m 09s | $358K | $20K | 20x |
| Short | Paradex XPT-USD-PERP | 1,811 | 0.0301 | get 0.0301% / 8h | 1h 48m | $3K | — | 5x |
Lighter XPT
Paradex XPT-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$67.82
- Price spread: −0.029% → 0.000%
- −$2.92
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$74.74
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 27 min ago; Paradex: 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, 27 min ago | 3.32 bp | 8.6 bp −$9 | 35.9 bp −$359 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | 1,811.2 | −0.018% | $11K | $36K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,807.9 | −0.197% | $232 | — | 10x | as long as short |
| Extended XPT-USD | +0.0032% | 1h | 1,808 | −0.194% | $199K | $450K | 10x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,808.5 | −0.166% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,809.3 | −0.121% | $17K | $20K | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0100% | 4h | 1,809.7 | −0.100% | $201K | $25K | 75x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,811.3 | −0.011% | $308 | — | 10x | as long as short |
| Gate XPT_USDT | +0.0108% | 4h | 1,811.4 | −0.006% | $700K | $336K | 100x | as long as short |
| Variational Omni XPT | +0.0188% | 4h | 1,810.8 | −0.041% | $283K | $325K | — | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,826.2 | +0.814% | $6K | $34K | 52x | as long as short |
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Extended XPT-USD
Vest PL-PERP
Pacifica PLATINUM
KuCoin XPTUSDTM
Aevo PLATINUM-PERP
Gate XPT_USDT
Variational Omni XPT
Injective XPT/USDC PERPShow all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPT-USDT | +0.0220% | 4h | 1,811 | −0.029% | $86K | $63K | 100x | as long as short |
| edgeX XPTUSDC | +0.0240% | 4h | 1,810.8 | −0.041% | $39K | $282K | 10x | as long as short |
| tradeXYZ xyz:PLATINUM | +0.0244% | 1h | 1,809.3 | −0.121% | $3.6M | $1.4M | 20x | as long as short |
| MEXC XPT_USDT | +0.0264% | 4h | 1,809.6 | −0.104% | $24.1M | $631K | 100x | as long as short |
| Binance XPTUSDT | +0.0267% | 4h | 1,811 | −0.025% | $4.3M | $4.2M | 100x | as long as short |
| Paradex XPT-USD-PERPshort | +0.0301% | 8h | 1,811 | −0.029% | $3K | — | 5x | |
| Aster XPTUSDT | +0.0357% | 4h | 1,809.7 | −0.102% | $15K | $31K | 20x | as long as short |
| Bitget XPTUSDT | +0.0436% | 4h | 1,809.5 | −0.110% | $1.2M | $318K | 100x | as long as short |
| GRVT XPT_USDT_Perp | +0.0560% | 4h | 1,810.7 | −0.046% | $206K | $1.2M | 25x | as long as short |
| Lighter XPTlong | +0.0624% | 1h | 1,811.5 | long leg | $358K | $20K | 20x | |
| OKX XPT-USDT-SWAP | +0.0703% | 8h | 1,811.2 | −0.017% | $917K | $522K | 50x | as long as short |
BloFin XPT-USDT
edgeX XPTUSDC
tradeXYZ xyz:PLATINUM
MEXC XPT_USDT
Binance XPTUSDT
Aster XPTUSDT
Bitget XPTUSDT
GRVT XPT_USDT_Perp
OKX XPT-USDT-SWAP