Funding arb · Price arb /

XPT

RWAall XPT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0023%/8h= +2.6% APRpaid last 24h +0.074%

Price spread now: Lighter against BloFin+0.017%60s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.359%+$36 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate. The two prices were read 60 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	BloFin XPT-USDT	1,820.3	0.0249	pay 0.0124% / 4h	3h 45m	$86K	$64K	100x
Short	Lighter XPT	1,820.6	0.0272	get 0.0034% / 1h	45m 51s	$360K	$16K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee LighterbpOrdersPrice spread, now +0.017%Rate

Funding earned: $4.91
Price spread: +0.017% → 0.000%: $1.7
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$5.38
Costs to cover: 0.120%
Break-even: 14.7 days

Slippage unknown: BloFin: no order-book sample; Lighter: live order book, 19 min ago. 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 BloFin no order-book sample	—	—	—	—	—
Sell Lighter live order book, 19 min ago	1.92 bp	6.5 bp −$7	16.3 bp −$163	doesn't fit	doesn't fit

BloFin: 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	1,821.1	+0.042%	$11K	$36K	30x	as long as short
gTrade (Gains Network) XPT/USD	L +0.0006% / S −0.0006%	1h	1,817.6	−0.149%	$233	—	150x	as long as short
Vest PL-PERP	+0.0046%	1h	1,818.2	−0.115%	—	$50	25x	as long as short
tradeXYZ xyz:PLATINUM	+0.0050%	1h	1,817.8	−0.137%	$3.6M	$1.1M	20x	as long as short
Gate XPT_USDT	+0.0088%	4h	1,820	−0.018%	$680K	$354K	100x	as long as short
Pacifica PLATINUM	+0.0100%	1h	1,818.3	−0.112%	$17K	$27K	10x	as long as short
KuCoin XPTUSDTM	+0.0100%	4h	1,819.4	−0.047%	$202K	$19K	75x	as long as short
Aevo PLATINUM-PERP	+0.0104%	1h	1,819.3	−0.053%	$309	—	10x	as long as short
Extended XPT-USD	+0.0144%	1h	1,817.9	−0.132%	$204K	$473K	10x	as long as short
Variational Omni XPT	+0.0207%	4h	1,819.3	−0.055%	$288K	$326K	—	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XPT/USDC PERP	+0.0220%	1h	2,002.4	+10.003%	$7K	$34K	52x	as long as short
BloFin XPT-USDTlong	+0.0249%	4h	1,820.3	long leg	$86K	$64K	100x
Binance XPTUSDT	+0.0268%	4h	1,819.6	−0.037%	$4.3M	$4.0M	100x	as long as short
MEXC XPT_USDT	+0.0270%	4h	1,819.4	−0.052%	$23.9M	$670K	100x	as long as short
Lighter XPTshort	+0.0272%	1h	1,820.6	+0.017%	$360K	$16K	20x
edgeX XPTUSDC	+0.0273%	4h	1,821.4	+0.061%	$40K	$283K	10x	as long as short
GRVT XPT_USDT_Perp	+0.0318%	4h	1,820.6	+0.014%	$209K	$1.1M	25x	as long as short
Aster XPTUSDT	+0.0324%	4h	1,818.2	−0.117%	$15K	$12K	20x	as long as short
Paradex XPT-USD-PERP	+0.0332%	8h	1,819.4	−0.047%	$3K	—	5x	as long as short
Bitget XPTUSDT	+0.0352%	4h	1,819.3	−0.057%	$1.3M	$328K	100x	as long as short
OKX XPT-USDT-SWAP	+0.0703%	8h	1,819.8	−0.027%	$924K	$536K	50x	as long as short