Funding you earn now, next payment 02:00 UTC+0.0328%/8h= +35.9% APRpaid last 24h +0.072%
Price spread now: Lighter against edgeX−0.065%49s7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.362%+$36 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.065%, 7d avg +0.067%
=Together, before fees+0.437%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.132% cheaper against edgeX than usual: you would sell low and buy high (spread −0.065% now, against its 7-day average of +0.067%). If the spread goes back, that is −$13 on $10k: about 32 hours of funding at the current rate (+$10 a day). The two prices were read 49 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 | edgeX XPTUSDC | 1,809.6 | 0.0352 | pay 0.0176% / 4h | 2h 34m | $40K | $282K | 10x |
| Short | Lighter XPT | 1,808.4 | 0.0680 | get 0.0085% / 1h | 34m 30s | $358K | $15K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- $68.89
- Price spread: −0.065% → +0.067%
- −$13.21
- Slippage, 4 orders
- −$19.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $26.69
- Costs to cover
- 0.290%
- Break-even
- 4.3 days
Slippage from edgeX: live order book, 33 min ago; Lighter: live order book, 25 min ago.
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 edgeX live order book, 33 min ago | 0.83 bp | 6.0 bp −$6 | 130.9 bp −$1,309 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 25 min ago | 1.93 bp | 7.9 bp −$8 | 18.7 bp −$187 | 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 | 1,807 | −0.140% | $11K | $37K | 30x | as long as short |
| gTrade (Gains Network) XPT/USD | L +0.0006% / S −0.0006% | 1h | 1,804.9 | −0.259% | $232 | — | 150x | as long as short |
| Vest PL-PERP | +0.0046% | 1h | 1,805.2 | −0.241% | — | $50 | 25x | as long as short |
| Pacifica PLATINUM | +0.0100% | 1h | 1,805.9 | −0.201% | $17K | $25K | 10x | as long as short |
| Aevo PLATINUM-PERP | +0.0104% | 1h | 1,808.6 | −0.056% | $307 | — | 10x | as long as short |
| KuCoin XPTUSDTM | +0.0156% | 4h | 1,808.6 | −0.054% | $201K | $17K | 75x | as long as short |
| Injective XPT/USDC PERP | +0.0220% | 1h | 1,827.4 | +0.986% | $6K | $34K | 52x | as long as short |
| Gate XPT_USDT | +0.0240% | 4h | 1,808.7 | −0.048% | $639K | $411K | 100x | as long as short |
| Extended XPT-USD | +0.0248% | 1h | 1,804 | −0.309% | $203K | $632K | 10x | as long as short |
| BloFin XPT-USDT | +0.0279% | 4h | 1,814.9 | +0.293% | $85K | $69K | 100x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:PLATINUM | +0.0295% | 1h | 1,806.2 | −0.186% | $3.6M | $1.0M | 20x | as long as short |
| Variational Omni XPT | +0.0308% | 4h | 1,806.8 | −0.151% | $286K | $227K | — | as long as short |
| edgeX XPTUSDClong | +0.0352% | 4h | 1,809.6 | long leg | $40K | $282K | 10x | |
| MEXC XPT_USDT | +0.0372% | 4h | 1,805.2 | −0.244% | $23.7M | $656K | 100x | as long as short |
| Binance XPTUSDT | +0.0379% | 4h | 1,807.8 | −0.097% | $4.2M | $3.9M | 100x | as long as short |
| Aster XPTUSDT | +0.0381% | 4h | 1,807.5 | −0.112% | $14K | $10K | 20x | as long as short |
| Paradex XPT-USD-PERP | +0.0441% | 8h | 1,807.7 | −0.101% | $3K | — | 5x | as long as short |
| Bitget XPTUSDT | +0.0468% | 4h | 1,807.9 | −0.094% | $1.2M | $371K | 100x | as long as short |
| Lighter XPTshort | +0.0680% | 1h | 1,808.4 | −0.065% | $358K | $15K | 20x | |
| OKX XPT-USDT-SWAP | +0.0699% | 8h | 1,809.1 | −0.026% | $907K | $518K | 50x | as long as short |
| GRVT XPT_USDT_Perp | +0.0794% | 4h | 1,809.1 | −0.024% | $207K | $965K | 25x | as long as short |
edgeX XPTUSDC
Lighter XPT
HTX XPT-USDT
gTrade (Gains Network) XPT/USD
Pacifica PLATINUM
KuCoin XPTUSDTM
Injective XPT/USDC PERP
Gate XPT_USDT
Extended XPT-USD
BloFin XPT-USDT
tradeXYZ xyz:PLATINUM
Variational Omni XPT
MEXC XPT_USDT
Binance XPTUSDT
Aster XPTUSDT
Paradex XPT-USD-PERP
Bitget XPTUSDT
OKX XPT-USDT-SWAP
GRVT XPT_USDT_Perp