Settings8H · net · $10k
Funding arb · Price arb /

XPT

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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0301%/8h= −33.0% APRnext payment $0.38 per $10,000 · paid last 24h −0.090%
Price spread now: tradeXYZ against Lighter−0.182%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.294%−$29 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.182%, 7d avg −0.164%
Together, before fees−0.235%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.164%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XPT1,815.30.0464pay 0.0058% / 1h21m 37s$359K$16K20x
ShorttradeXYZ xyz:PLATINUM1,8120.0163get 0.0020% / 1h21m 37s$3.6M$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63.27
Price spread: −0.182% → −0.164%
−$1.81
Slippage, 4 orders
−$20.97
Fee Lighter: 0 bp × 2 orders
$0
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$104.05
Costs to cover
0.390%
Break-even
never at this rate
Slippage from Lighter: live order book, 43 min ago; tradeXYZ: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 43 min ago1.92 bp6.1 bp −$616.3 bp −$163doesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago1.10 bp14.0 bp −$14doesn't fitdoesn't fitdoesn't fit

XPT on 21 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX XPT-USDT0.0000%4h1,814−0.069%$11K$36K30xas long as short
gTrade (Gains Network) XPT/USDL +0.0006% / S −0.0006%1h1,810.8−0.247%$232150xas long as short
Vest PL-PERP+0.0046%1h1,811.8−0.193%$5025xas long as short
Pacifica PLATINUM+0.0100%1h1,810.5−0.264%$17K$25K10xas long as short
KuCoin XPTUSDTM+0.0100%4h1,814.4−0.051%$202K$19K75xas long as short
Aevo PLATINUM-PERP+0.0104%1h1,813.9−0.077%$30810xas long as short
Extended XPT-USD+0.0160%1h1,811.2−0.226%$207K$510K10xas long as short
tradeXYZ xyz:PLATINUMshort+0.0163%1h1,812−0.182%$3.6M$1.1M20x
Injective XPT/USDC PERP+0.0220%1h1,835.4+1.107%$6K$34K52xas long as short
Gate XPT_USDT+0.0222%4h1,814.4−0.052%$643K$405K100xas long as short
Show all 21 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XPT+0.0223%4h1,814.2−0.060%$287K$326Kas long as short
MEXC XPT_USDT+0.0296%4h1,813.1−0.121%$23.9M$672K100xas long as short
Binance XPTUSDT+0.0298%4h1,813.5−0.099%$4.3M$4.0M100xas long as short
BloFin XPT-USDT+0.0298%4h1,814.6−0.037%$85K$64K100xas long as short
edgeX XPTUSDC+0.0309%4h1,813.6−0.093%$40K$282K10xas long as short
Aster XPTUSDT+0.0338%4h1,812.6−0.150%$15K$12K20xas long as short
Paradex XPT-USD-PERP+0.0373%8h1,813.4−0.102%$3K5xas long as short
Bitget XPTUSDT+0.0396%4h1,813.4−0.105%$1.2M$350K100xas long as short
Lighter XPTlong+0.0464%1h1,815.3long leg$359K$16K20x
OKX XPT-USDT-SWAP+0.0708%8h1,814−0.072%$907K$537K50xas long as short
GRVT XPT_USDT_Perp+0.0792%4h1,814.3−0.057%$208K$1.0M25xas long as short